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42 W 14th St
Chicago Heights, IL 60411
42-44 W Lincoln Hwy · Bureau Propriété À vendre


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Faits saillants de l'investissement
- High-visibility location on Lincoln Highway (US-30) with 31,000–37,000 vehicles per day and proximity to key civic anchors.
- Secondary building leased at $1,700/month on a month-to-month basis with tenant-paid utilities, providing immediate in-place income from day one.
- Recently updated 5,400 SF office with exposed brick, epoxy floors, 10' ceilings, new furnaces, and 20-space parking — move-in ready.
Résumé de l'annonce
42–44 W 14th St is a recently updated office property located along the high-visibility Lincoln Highway (US-30) corridor in Chicago Heights. The property sits on a single contiguous site comprised of six individual PINs and includes two separate buildings totaling approximately 6,600 square feet, along with a 20-space dedicated parking lot. The main building (±5,400 SF) is currently vacant and offers a flexible layout with a combination of open-concept space and private offices, making it well suited for an owner-user or multi-tenant configuration.
Interior improvements to the main building include exposed brick walls, approximately 10’ ceilings, epoxy flooring throughout, upgraded lighting, two remodeled restrooms, a kitchen area, two brand-new furnaces, and a partially new roof. The secondary building (±1,200 SF) has been updated and is currently leased at $1,700 per month on a month-to-month basis, with separately metered utilities paid by the tenant, providing immediate in-place income.
Zoned Office / Residential, the property supports a wide range of professional and commercial uses and is particularly well suited for medical or healthcare-adjacent users. The property is eligible for the Cook County Class 8 Real Estate Tax Incentive, administered through the City of Chicago Heights, with the City having expressed support for the property subject to the buyer’s proposed use and business plan. Positioned along a heavily traveled arterial with approximately 31,000–37,000 vehicles per day, and in close proximity to civic anchors such as the Chicago Heights Park District and Public Library, the property offers strong visibility, accessibility, and long-term value for both owner-users and investors.
Interior improvements to the main building include exposed brick walls, approximately 10’ ceilings, epoxy flooring throughout, upgraded lighting, two remodeled restrooms, a kitchen area, two brand-new furnaces, and a partially new roof. The secondary building (±1,200 SF) has been updated and is currently leased at $1,700 per month on a month-to-month basis, with separately metered utilities paid by the tenant, providing immediate in-place income.
Zoned Office / Residential, the property supports a wide range of professional and commercial uses and is particularly well suited for medical or healthcare-adjacent users. The property is eligible for the Cook County Class 8 Real Estate Tax Incentive, administered through the City of Chicago Heights, with the City having expressed support for the property subject to the buyer’s proposed use and business plan. Positioned along a heavily traveled arterial with approximately 31,000–37,000 vehicles per day, and in close proximity to civic anchors such as the Chicago Heights Park District and Public Library, the property offers strong visibility, accessibility, and long-term value for both owner-users and investors.
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Bureau
Taille du bâtiment
6 600 pi²
Classe d’immeuble
C
Année de construction
1925
Prix
950 464 $ CAD
Prix par pi²
144,01 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Superficie de plancher typique
6 600 pi²
Coefficient d’occupation des sols de l’immeuble
1,00
Taille du lot
0,15 AC
Zonage
R-4
Stationnement
15 places (2,27 places par 1 000 pi² loué)
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 152 120 $ CAD | |
| Évaluation du terrain | 22 233 $ CAD | Évaluation totale | 174 353 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
22 233 $ CAD
Évaluation des bâtiments
152 120 $ CAD
Évaluation totale
174 353 $ CAD
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