Property Description
Welcome to this property located in Chicago Heights, IL. Built in 1925. this home is offered at $699,900.
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 B-4; Office/Business District, 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 Program, administered through the City of Chicago Heights, subject to buyer qualification and applicable approval requirements. 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.
Climate control includes none cooling.
The property sits on a 21780 lot.
Located in Cook County.
Annual property taxes are $48,251 (as of 2024).
- Principal and Interest
- Property Tax
- HOA fee
