EXIT Realty, A Smart Move!™
Search Properties
Buy with EXIT
Sell with EXIT
Find an Agent/Office
About
Why EXIT
The Spirit of EXIT
Careers
Offices
Contact Us

25 E 16th Street, Chicago Heights, IL 60411

Share Listing

Listing Type
Commercial/Industrial
Listing Status
Active
13
Overview
Features
Commute
Transportation
Market Statistics
Neighborhood
Similar Homes
Similar Home Values
Contact
$1,199,000

Share Listing

Home Details for 25 E 16th Street
Price
$1,199,000
Type
Commercial/Industrial
Year Build
1974
County
Cook
MLS®️ Listing#
12485605
On exitrealty.com
114 days
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.
Property Features
Listing Courtesy: Village Realty, Inc. - 708-478-1212
mls_icon Based on information submitted to the MLS GRID as of 2025-12-16 13:47:59. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2025-12-16 13:47:59
Neighborhood Market Statistics

See average values in the proximity of this property

Median Listing Price
Median Days on EXIT Realty®
Median Square Feet
Market statistics compiled from data from Midwest Real Estate Data.
Neighborhood Homes

See several nearby properties

EXIT STRATEGY REALTY
833 Lincoln Highway #410 E-5, Schererville, IN 43675
Similar Nearby Homes for Sale

See properties nearby this listing

Similar Nearby Home Values

Compare the values ​​of homes nearby

$1,199,000

Share Listing

EXIT STRATEGY REALTY
833 Lincoln Highway #410 E-5, Schererville, IN 43675
Request more details
First Name
Last Name
Email
Phone Number
Options
Message (75/500)
By pressing Send, you agree that EXIT Realty offices or agents may contact you via phone/text/email about your inquiry. You also agree to our Terms of Use.