44 W Lincoln Highway, Chicago Heights, IL 60411

Description

42-44 W 14th St is a recently updated commercial office property positioned directly along the high-visibility Lincoln Highway (US-30) corridor in Chicago Heights, offering exceptional exposure and accessibility in one of the area's most heavily traveled commercial corridors. Situated on a single contiguous site comprised of six individual PINs, the property includes two separate buildings totaling approximately 6,600 square feet, along with a dedicated 20-space parking lot. The main building (5,400 SF) is currently vacant and offers a flexible layout featuring a combination of open-concept workspace and private offices, making it ideal for an owner-user or investor seeking strong income potential. Based on market conditions and layout flexibility, the vacant building has the potential to generate approximately $7,000 per month in rental income. The space is well suited for a variety of uses including medical offices, wellness businesses, coworking concepts, educational or training centers, salon suites, professional services, creative studios, and service-based businesses. With excellent frontage and visibility directly off Route 30, the property also presents a unique opportunity for a highly visible sandwich shop, cafe, salon suites, or specialty food business looking to capitalize on strong daily traffic counts and surrounding community activity. Additionally, the site offers outstanding potential for an EV charging station or future-forward automotive-related use due to its prominent location, dedicated parking field, strong traffic exposure, and accessibility along a major transportation corridor. Recent improvements to the main building include exposed brick walls, approximately 10-foot 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 also been updated and is currently leased at $1,800 per month on a month-to-month basis. Utilities are separately metered and paid directly by the tenant, providing immediate in-place income for an investor or owner-user. Zoned B-4 Office/Business District, the property supports a wide range of commercial and professional uses. Located near civic anchors including the Chicago Heights Park District and Public Library, and benefiting from approximately 31,000-37,000 vehicles per day along Lincoln Highway, this property offers a rare combination of visibility, flexibility, income potential, and long-term upside. This is an incredible affordability window to establish a business presence or investment foothold in Chicago Heights as the area continues to see ongoing redevelopment, infrastructure improvements, and commercial growth. For additional information, and specialized financing options, please contact: Vasia Skliros Compass Real Estate 6306775061

Property Information

Property Features

Cooling:

None

HOA & Tax

Annual Tax:

$48,251 (2024)

Parcel #:

32204000100000

Directions

Lincoln Highway west of Chicago Rd

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