Property
$1,199,0001.51 Acres
For Sale
For Sale
$1,199,0001.51 Acres
For Sale

25 E 16th Street, Chicago Heights, IL 60411 - Cook County

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Property ID 25855734

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COMMERCIAL - Chicago Heights, IL

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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Source:First Street
Contact Seller

Village Realty, Inc.

License #475130714

Frankfort, IL

(708) 478-1212
Listing provided by
Ruben Vallejo
Village Realty, Inc.(708) 478-1212
Source: ListHub, MLS# 12479092
Listing status: Active
Listing last updated: December 19, 2025 at 8:40 PM
Listing last checked: February 7, 2026 at 4:30 AM
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Ruben Vallejo

Village Realty, Inc.
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Ruben Vallejo

Village Realty, Inc.