$475,000

500 Ashland Avenue, Chicago Heights IL, 60411

Price per sqft$42.65

Built in1968

Property size11,136 sqft

Property typeCommercial

Listed by Charles Groebe with Coldwell Banker Realty 312-981-5500

Overview

Active

Listed Apr 15, 2026

Updated Sep 2

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.

Additional information

MLS^® ID: 12617586

Interior Features

Bedrooms: 0
Cooling: Yes
Basement: No

Exterior Features

Lot Size: 1.09 Acres

Other Property Details

Taxes: $60,985
Tax Frequency: Annually

Listed by Charles Groebe with Coldwell Banker Realty 312-981-5500

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Data is refreshed every 3 hours. Listing last updated 4:28 AM UTC on 9/2/2026.

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