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25 E 16th Street, Chicago Heights, IL 60411

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For Sale

$1,199,000

1.5 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • 1.5 acres
    Lot size

Explore this Property

FORMER BANK BUILDING WHICH CURRENTLY IS HOME TO THE YOUTH & ADULT CENTER IN CHICAGO HEIGHTS. THE BUILDING IS 6,250 SF AND HAS A FULL BASEMENT WITH ANOTHER 6,250 SF OF WHICH, ABOUT 5,400 SF IS LEASEABLE AND USABLE SPACE AND SITS ON 1.5 ACRES. IT IS LOCATED IN THE CENTRAL BUSINESS DISTRICT AND ZONED B-5 WHERE THERE IS LOTS OF NEW DEVELOPMENT PLANNED. ALL FIXTURES FOR A BANK FACILITY ARE ALL IN PLACE INCLUDING 3 SAFES. HAS A HUGE LOBBY AREA, TRAINING ROOM AND PRIVATE OFFICES WITH BATHROOM. THE BASEMENT HAS A KITCHEN, ALL PURPOSE ROOM, BANQUET ROOM AND TWO BATHROOMS. PERFECT FOR ANY RETAIL, OFFICE, DAY CARE OR BANK USER. HAS ADDITIONAL LAND FOR EXPANSION & GROWTH. THE CITY OF CHICAGO HEIGHTS IS OPEN TO ADDING APARTMENTS TO THE EXISTING BUILDING. SOLID MASONRY CONSTRUCTION AND COMES WITH A BACKUP GENERATOR, ALARM SYSTEM & SECURITY CAMERAS. PLENTY OF PARKING. ALL PERSONAL FURNITURE ALSO FOR SALE. HAS OVER 800 AMP, 3 PHASE SERVICE.
MLS# 12076839

Courtesy Of Remax 10

(708) 429-4300

Property Features

  • Architecture Style
    Other
  • Lot Size
    1.5 Acres
  • Roof Type
    Unknown

Map and Directions

Directions to 25 E 16th Street, Chicago Heights, IL 60411

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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