Property summary
The property in Chicago Heights, Illinois is a commercial building totaling 53,621 square feet situated on a 4.92-acre lot, with zoning classified as B-4 (Office Business District). It is configured for office-focused and related commercial uses, including professional offices, medical clinics, educational or business services, and light industrial operations, and includes a private second floor that can function as executive offices or an administrative headquarters. The building has central heat and air conditioning, energy-efficient T8 lighting, ADA-compliant restrooms, and extensive glazing including long banks of floor-to-ceiling windows, large plate glass, and glass spandrel panels. Building systems and infrastructure include a hot water boiler (installed in 2012), a roof that is described as newer, backup generators, and an Uninterruptible Power Supply (UPS) system. On-site amenities include a cafeteria and a paved parking area with 200 gated, well-lit parking spaces (about 3.92 spaces per 1,000 square feet). The site is located on Chicago Road (Dixie Highway) with access to I-57, I-294, and I-394, and it is within the Lincoln 394 Enterprise Zone. The building is divisible and may be suitable for lease in portions or in combination with adjacent land, including 71,224 square feet of adjoining vacant land at 636 Chicago Road that is zoned B-2 (Community Business District) for retail, service, and commercial uses.
Property profile
VerifiedCap rate & NOI
Current use
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Mobile Phone Store Electronics & Wireless Store
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Training Center
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Laboratory
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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