Building and Cleaners in Chicago Heights
Retail | 5,680 SqFt
Marketing description
Prime retail opportunity in the heart of Chicago Heights! This freestanding 4,829 SF storefront retail building sits on a corner lot with 116 feet of frontage on Lincoln Highway, offering excellent visibility and signage potential. Zoned B-2, the property is ideal for retail, service, or office users seeking high exposure along a main commercial corridor.
Currently owner-occupied and well-maintained, the building features open floor layouts, ample natural light, and approximately 14 dedicated parking spaces with easy street access. With one story and flexible interior configuration, it’s ready for immediate occupancy or repositioning into multi-tenant retail, restaurant, or professional office suites.
This asset represents a rare value-add or owner-user opportunity in a strong local trade area surrounded by national and regional retailers, including Walgreens, Family Dollar, AutoZone, and Chase Bank. The property’s affordable price point and favorable B-2 zoning provide room for expansion, redevelopment, or increased rental income.
Whether you’re an investor seeking a stable retail asset or an entrepreneur ready to occupy your own space, 348 W 14th St delivers visibility, convenience, and long-term upside in a growing South Suburban market.
Investment highlights
Prime Corner Retail Building – 4,829 SF freestanding storefront with 116 feet of frontage on Lincoln Highway, one of Chicago Heights’ main commercial corridors.
Flexible B-2 Zoning – Permits a wide range of uses including retail, office, restaurant, and service-based businesses — ideal for adaptive reuse or redevelopment.
Owner/User or Value-Add Opportunity – Perfect for an owner-occupant or investor to reposition and lease up; strong potential to increase rents or subdivide for multiple tenants.
Affordable Entry Price Point – Offered at approximately $50/SF, well below replacement cost, providing immediate built-in equity and exceptional yield potential.
High Visibility & Access – Corner lot with multiple ingress/egress points, dedicated parking for 14 vehicles, and strong traffic counts along Lincoln Hwy.
Established Retail Trade Area – Surrounded by national and regional brands such as Walgreens, Family Dollar, AutoZone, and Chase Bank, ensuring consistent consumer flow.
Strong Demographics & Workforce Proximity – Dense residential neighborhoods and nearby industrial employment base support strong daytime traffic and local spending power.
Low Maintenance, Single-Story Design – One-level brick construction simplifies operations and lowers maintenance costs for long-term ownership.
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