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1531 Western Avenue

Chicago Heights, IL 60411
  • $696,000
  • STATUS: Active
  • ON SITE: 136 Days
  • MLS #: 12484062
UPDATED: 31 min ago
$696,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1953
County:
Area:

School Ratings & Info

Description

Large 7-unit Commercial Space situated in a high traffic area with more than 3 acres that can be used for expansion. Many long-term tenants include Harold's Chicken, a Cell phone store and hair businesses. The property offers 40 parking spaces, central air and great exposure for tenants.

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© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2026-02-14T05:33:28.38 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1531 Western Avenue Chicago Heights, IL 60411

  • Price: $696,000
  • Status: Active
  • On Site: 136 Days
  • Updated: 31 min ago
  • MLS #: 12484062
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1953
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
Large 7-unit Commercial Space situated in a high traffic area with more than 3 acres that can be used for expansion. Many long-term tenants include Harold's Chicken, a Cell phone store and hair businesses. The property offers 40 parking spaces, central air and great exposure for tenants.
Exterior Features

Docks None Frontage Type Private RoadPublic Road Outdoor Parking Fee Parking Roof Structure Flat Water Drainage Floor Drains

Interior Features

Cooling Central AirZoned Heat Ventilation Ceiling UnitsCentral Heat/Indiv ControlsElectricForced AirGas Number Of TLDocks 0

Property Features

Additional Parcels YN No Association Fee Frequency Not Applicable Building Area Total 17206 Business Type Retail Current Use Commercial Electric Circuit BreakersSeparate MetersService - 201 to 600 AmpsOver 600 Amps Fire Protection None Gross Income 217094 Gross Scheduled Income 217094 Insurance Expense 4600 Leasable Area 6000 Location Mixed Use AreaPublic Transport AvailIn City LimitsHigh Traffic Area Mls Actual Status Active Net Operating Income 47646 Number Of Tenants 4 Operating Expense 169448 Property Offered For Sale or Rent Rental Price 1 Tax Annual Amount 125248 Tax Year 2023 Tenant Pays Air ConditioningElectricityHeat Total Monthly Income 18091 Township Rich Type Retail/Stores Utilities Electric to SiteNatural Gas AvailableSewer Connected Water Source Municipal Water Zoning COMMR

Listing information © 2026 Midwest Real Estate Data LLC.
Listing provided courtesy of Coldwell Banker Realty: 773-451-1200.


© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2026-02-14T05:33:28.38 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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737 North Michigan Avenue, Suite 1800
Chicago IL, 60611