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500 Ashland Avenue

Chicago Heights, IL 60411

500 Ashland Avenue, Chicago Heights, IL 60411 — exterior front view
500 Ashland Avenue, Chicago Heights, IL 60411 — exterior view
500 Ashland Avenue, Chicago Heights, IL 60411 — exterior view

500 Ashland Avenue

Chicago Heights, IL

$475,000

ActiveMLS #MRD12617586

500 Ashland Avenue

Chicago Heights, IL 60411

$475,000

Reduced $125,000

List Price

Studio

Layout

11,000

Sq Ft

$43

/ Sq Ft

About This Property

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...

Property Details

Key Facts

Overview
Property TypeCommercial Sale
BedroomsStudio
Square Feet11,000
Price / Sq Ft$43
Days on Market98
Building
StyleOther
Year Built1968
Lot Size1.1 Acres
CountyCook
CoolingCentral Air
FlooringCarpet, Tile, Varies
ExteriorBrick, Concrete, Steel Siding
FoundationConcrete Perimeter
RoofMembrane
WaterMunicipal Water
Lot Size1.1 Acres
Lot Dimensions200x240
MLS #MRD12617586
Days on Market98
List DateApril 15, 2026
StatusActive
Annual Taxes$60,985
Listing Courtesy OfColdwell Banker Realty

Price reduced

$475,000

$125,000

Apr 28, 2026

Listed for sale

MLS #MRD12617586

$600,000

Apr 16, 2026

Mortgage Estimate

$7,484

/month
Principal & Interest
$2,402
Property Taxes
$5,082
20% · $95,000
6.5%

Location

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Listing data is provided in part by Midwest Real Estate Data LLC (MRED). Information is deemed reliable but not guaranteed accurate and should be independently verified. Properties may be listed by brokerages other than Abode Real Estate. © 2026 Midwest Real Estate Data LLC. All rights reserved.

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