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25 E 16th Street
Chicago Heights IL 60411 US

$1,199,000

Active Listing ID 12485605
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$1,199,000

Active Listing ID 12485605
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25 E 16th Street THIS FORMER BANK BUILDING IS 6, 250 SF WITH A FULL BASEMENT OFFERING ANOTHER 6, 250 SF, OF WHICH ABOUT 5, 400 SF IS LEASABLE AND USABLE SPACE, ALL SITUATED ON 1.5 ACRES. LOCATED IN THE CENTRAL BUSINESS DISTRICT, THE PROPERTY IS ZONED MX2 (MIXED USE) - AN INCREASINGLY DESIRABLE DESIGNATION WITH NEW DEVELOPMENT ALREADY PLANNED IN THE AREA. ALL FIXTURES FOR A BANK FACILITY REMAIN IN PLACE, INCLUDING 3 SAFES. FEATURES INCLUDE A LARGE LOBBY AREA, TRAINING ROOM, PRIVATE OFFICES WITH BATHROOMS, AND A FULLY FINISHED BASEMENT WITH A KITCHEN, MULTIPURPOSE ROOM, BANQUET ROOM, AND TWO ADDITIONAL BATHROOMS. THE ZONING ALLOWS FOR A WIDE RANGE OF USES INCLUDING RETAIL, OFFICE, DAYCARE, BANK, OR EVEN RESIDENTIAL CONVERSION. THE CITY OF CHICAGO HEIGHTS IS OPEN TO APARTMENTS BEING ADDED TO THE EXISTING BUILDING, MAKING THIS AN ATTRACTIVE REDEVELOPMENT PLAY. ADDITIONAL HIGHLIGHTS INCLUDE SOLID MASONRY CONSTRUCTION, PLENTY OF PARKING, EXPANSION LAND, BACKUP GENERATOR, ALARM SYSTEM, SECURITY CAMERAS, AND OVER 800 AMP, 3-PHASE SERVICE.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air
  • Floor Covering: Carpet, Concrete, Tile

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1199000
  • unparsedaddress: 25 E 16th Street
  • postalcity: Chicago Heights
  • stateorprovince: IL
  • country: US
  • postalcode: 60411
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 6250
  • livingareaunits: Square Feet
  • listagentfullname: Ruben Vallejo
  • listagentemail: ruvallejo18@gmail.com
  • listagentkey: 3yd-MREDIL-220698
  • listagentmlsid: 220698
  • listagentpreferredphone: 7085603499
  • listagentofficephone: 7084781212
  • listofficekey: 3yd-MREDIL-23641
  • listagentstatelicense: 475130714
  • listofficemlsid: 23641
  • disclaimer: Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1974
  • listingcontractdate: 2025-10-01
  • listagenturl: http://vrsrealty.com
  • countyorparish: Cook
  • parcelnumber: 32204160160000
  • cooling: Central Air
  • flooring: Carpet, Concrete, Tile
  • numberofunitstotal: 1
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Village Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"ruvallejo18@gmail.com", "ListBrokerageCity":"Frankfort", "ListBrokerageCountry":"US", "ListBrokerageEmail":"mike@vrsrealty.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MREDIL/c5b67161ad7011e782350242ac11000a/20171013192533953.png", "ListBrokerageName":"Village Realty", "ListBrokeragePhone":"(708) 478-1212", "ListBrokeragePostalCode":"60423", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":"Unit C", "ListBrokerageUnparsedAddress":"20950 S. Frankfort Square Rd", "ListBrokerageWebsiteUrl":"http://vrsrealty.com", "ListOfficeAddress1":"20950 S. Frankfort Sq Rd # C", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"238178", "ListOfficeCity":"Frankfort", "ListOfficeCountry":"US", "ListOfficeEmail":"Mike@mikeglennhomes.com", "ListOfficePostalCode":"60423", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial Sale - Chicago Heights, IL", "ListingURL":"https://listings.listhub.net/pages/MREDIL/12485605/?channel=rexren", "MLSModificationTimestamp":"2025-10-01T15:55:02Z", "Neighborhoods":[{"Description":null, "Name":"Chicago Heights"}], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Commercial Sale", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":0, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/1/2025 8:33:06 PM GMT
Source Updated Date: 12/5/2025 6:42:08 PM GMT

Courtesy of: Ruben Vallejo, Village Realty, Inc., ruvallejo18@gmail.com

Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.