500 Ashland Avenue
Chicago Heights, IL, 60411
$475,000
Beds
0 Baths
0 SqFt
1.1 Acres
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MLS #MRD12617586 image #0
The Ashland Building is a high-profile, corner 2-Story medical office with a full basement. White Miami brick masonry building with a large parking lot surrounding it on 3 sides. Over 1 acre of land is included in this magnificent opportunity. Currently, owner-occupied shows pride of ownership. Currently has 3 vacant spaces: 1st floor 1250sf mls #12636096 and 2nd floor 2100sf mls #12636103 and 650sf mls#12641529. Perfect for a new owner occupier can move in with income, as the owner will agree to a long-term lease-back for full occupancy. Perfect for 1031 investors or anyone looking to park cash into a nice, clean, and well-maintained investment building.

Property Details

Price:
$475,000
MLS #:
MRD12617586
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
chicagoheights
Listed Date:
Apr 15, 2026
Total Sq Ft:
11,136
Lot Size:
47,678 sqft / 1.10 acres (approx)
Year Built:
1968
Chicago HeightsChicagoheights

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Schools

Interior

Cooling
Central Air
Flooring
Carpet, Tile, Varies

Exterior

Construction Materials
Brick, Concrete, Steel Siding
Roof
Membrane
Stories
2

Financial

Net Operating Income
$200,000
Tax Year
2024
Taxes
$60,985

Map

Community

Market Summary

Current real estate data for Commercial in Chicago Heights as of Jun 13, 2026
7
Commercial Listed
175
Avg DOM
$355,557
Avg List Price

Property Summary

    500 Ashland Avenue Chicago Heights IL is a Commercial for sale in Chicago Heights, IL, 60411. It is listed for $475,000

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