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Property profile & analytics
FOR SALE
Theaters & concert halls

1301 Hilltop Ave Chicago Heights, IL 60411

1.27 ac lot Built 1993
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US28-2702468
Property summary
AI-generated overview

This exceptional commercial land opportunity in Chicago Heights, Illinois, presents a unique investment prospect. Located at 1301 Hilltop Avenue, this property boasts a sizable lot ranging from 0.81 to 1.22 acres, providing ample space for various commercial developments. The site benefits from an advantageous position along Lincoln Highway, a major thoroughfare experiencing high traffic volume exceeding 26,900 vehicles daily, ensuring significant visibility and accessibility for any business. Its proximity to the 211th Street Metra station enhances its appeal, providing convenient public transportation access for employees and customers. The area is already home to a thriving retail environment, with established businesses such as Walmart, ALDI, Food 4 Less, Dollar Tree, AutoZone Auto Parts, and Olympia Corners nearby, creating a strong commercial ecosystem. This strategic location, combined with the substantial lot size, makes this property ideal for a variety of commercial ventures, offering significant potential for growth and return on investment. The property is situated in Cook County, Illinois, and has a zip code of 60411. The geographic coordinates are 41.5082681 latitude and -87.6683141 longitude. This land parcel is currently for sale.

Property profile
Verified
Property type Theaters & concert halls
Use group THEATER (MOVIE)
Year built 1993
Lot 1.27 ac (55,321 SF)
APN 32-19-102-029
UPID US28-2702468
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Marcus Chicago Heights Cinema Cinema Theater & Performing Art Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
B & G Realty LLC · 5 yrs held
B & G Realty LLC
since 2020
2 recorded transactions
2020
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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