1488 Aberdeen Street Chicago Heights, IL $ 180,000
1488 Aberdeen Street
$ 180,000
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1488 Aberdeen Street

Chicago Heights, IL, 60411
$ 180,000
Bedrooms-- Baths-- Sq 2,516
1488 Aberdeen Street, Chicago Heights, IL 60411 - Image 1
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1488 Aberdeen Street, Chicago Heights, IL 60411 - Image 7
1488 Aberdeen Street, Chicago Heights, IL 60411 - Image 8
1488 Aberdeen Street, Chicago Heights, IL 60411 - Image 9
1488 Aberdeen Street, Chicago Heights, IL 60411 - Image 10
1488 Aberdeen Street, Chicago Heights, IL 60411 - Image 11
1488 Aberdeen Street, Chicago Heights, IL 60411 - Image 12
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1488 Aberdeen Street, Chicago Heights, IL 60411 - Image 14
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1488 Aberdeen Street, Chicago Heights, IL 60411 - Image 16
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Property for Rent in Chicago Heights, IL

for $180,000. This 2,516 square foot property was built in 1961 on a lot size of 0.118687.

AS-IS. Unlock the Potential of an Affordable Multi-Tenant Investment Opportunity Savvy investors seeking cash flow, value-add potential, and long-term appreciation should take a closer look at this strategically located commercial property in the heart of Chicago Heights. Located at 1488 Aberdeen Street, this all-brick commercial building offers approximately 2,516 square feet and is configured into three separate income-producing units, creating multiple revenue streams under one roof. Properties of this size are increasingly attractive to investors and owner-users seeking lower acquisition costs, manageable operating expenses, and flexibility in the Chicago Heights commercial market. Why Investors Should Take Notice Three Separate Rental Opportunities Diversify income risk through multiple tenants rather than relying on a single occupant. B5 Central Business District Zoning A flexible zoning classification that may accommodate a variety of commercial uses, subject to municipal approval. Value-Add Potential Investors who recognize opportunity understand that properties requiring improvements can often create the greatest returns. Strategic upgrades and leasing improvements may provide significant upside in rental income and overall asset value. Affordable Entry Point Commercial properties with multiple income streams at this price point are becoming increasingly difficult to find throughout the Chicagoland area. Strong Demand for Small Commercial Spaces Current market trends continue to favor smaller retail, office, professional service, medical, and community-oriented spaces under 3,500 square feet. Single-Story Brick Construction A durable, low-maintenance structure with multiple entrances that may support a variety of tenant configurations. Potential Uses Include Professional Offices Medical or Wellness Services Insurance or Financial Services Tax Preparation Offices Real Estate Offices Educational Services Nonprofit Organizations Retail Service Businesses Mixed Multi-Tenant Occupancy The Opportunity This property is ideally suited for an investor seeking to reposition an asset, improve occupancy, increase rental rates, or capitalize on the growing demand for affordable commercial space in Chicago Heights. Rather than paying premium prices in neighboring communities, investors can acquire a multi-unit commercial asset at a significantly lower basis while pursuing enhanced cash flow and future appreciation. Investment Highlights Approximately 2,516 SF Three commercial units Multiple entrances and exits All-brick construction B5 Central Business District zoning Income-producing potential Value-add opportunity Convenient Chicago Heights location Attractive acquisition cost relative to surrounding markets Opportunity often appears where others see work. Investors who understand the power of acquiring below replacement cost and creating value through strategic improvements should schedule a tour with their broker and evaluate the possibilities that 1488 Aberdeen Street has to offer. "The next successful investment isn't always the newest property-it's often the property with the greatest potential."

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Rental Active

Price

$ 180,000

Taxes

$ 0

Style

Office,Medical/Dental

Lot Size

0.118687

Year Built

1961

Town/City

Chicago Heights

County/Region

Cook

MLS | Web ID

12188417

Features
General
Cooling Central Air
Possession Closing
Roof Rubber
Zoning COMMR
Construction Materials Brick
Year Built 1961
Electric Circuit Breakers
Stories Count 1
Township Bloom
Tax Year 2023
Current Use Office Medical/Dental
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Office/Tech
Possible Use Commercial Office Retail Other
Status Active
Directions 1. Take Halsted south to Lincoln Hwy. 2. Turn west onto Lincoln Hwy. 3. Turn west onto 15th St. 4. Turn North onto Aberdeen St. This property is on the corner.
City Chicago Heights
Number Of Units Total 3
MLS Area Chicago Heights
Lot Size Square Feet 5170
Tax Annual Amount 0
Additional Parcels Y/N N
Leasable Area 2516
Virtual Tour https://drive.google.com/file/d/1jAMpWUSbOMZaqluOS9S7nCYSR_vtlxCX/view?usp=sharing
Lease Type N/A
Standard Status Active
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Interior
Flooring Carpet
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 2516
Lot Dimensions 41.0 X 126.1
Frontage Type City Street
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* Excluded Features
List By
Ijlal Munir Real Estate Service

Broker

ijlal.munir.realestateservice@outlook.com;ijlalmunir@gmail.com

Email

Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/21/2026$180,000 -7.69% Price Down
2/4/2026$195,000 -15.58% Price Down
6/19/2025$231,000 -0.21% Price Down
2/4/2025$231,481 Listed Price

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1488 Aberdeen Street, Chicago Heights, IL, 60411 is a Property for Rent at $180,000 with 2,516 sqft and a lot size of 0.118687. 1488 Aberdeen Street was built in 1961. The property's zip code is 60411 which is in Chicago Heights, IL