IL > Chicago Heights
Chicago Heights, IL 60411,25 E 16th ST
Chicago Heights, IL 60411,25 E 16th ST
Chicago Heights, IL 60411,25 E 16th ST
13
See all 13 photos
$1,199,000
Est. payment /mo
Save
6,250 SqFt
New

25 E 16th ST Chicago Heights, IL 60411

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Thu
2
Oct
Fri
3
Oct
Sat
4
Oct
Dennis & Karen

Dennis & Karen

+1(219) 213-3346

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 6,250 sqft

Price per Sqft $191

MLS Listing ID 12485605

Year Built 1974

Tax Year 2023

Lot Dimensions 508X233X100X124X220X110X155X97

Property Sub-Type Mixed Use

Property Description

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.

Location

State IL

County Cook

Area Chicago Heights

Zoning MULTI

Interior

Cooling Central Air

Flooring Carpet, Concrete, Tile

Fireplace N

Exterior

Utilities Available Electricity Available, Natural Gas Available, Water Available

Building

Dwelling Type Mixed Use

Structure Type Brick

Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Ruben Vallejo of  Village Realty, Inc. 

GET MORE INFORMATION

Dennis & Karen

Dennis & Karen

Agent

+1(219) 213-3346

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of The Dennis Scherer Real Estate Team - Realty Executives Premier, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

25 E 16th ST

FIND YOUR NEW HOME WITH
THE DENNIS SCHERER 
REAL ESTATE TEAM