Date
Details
Price
Change
Source
4/15/2026
Listed
$600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/11
$600,000 Just Listed
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Property Description
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 2 vacant spaces: the 1st and 2nd floors. 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.
Full Property Details
Full Property Details for 500 Ashland Ave
General
- Price: $600,000
- Taxes: $60,985 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12617586
- Updated: 4/16/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Freight Elevator(s), Accessible Entrance, Accessible Washroom/s, Multi-Tenant, Private Restroom(s), Public Restroom(s), Basement
- Flooring: Carpet, Tile, Varies
Additional Information
- Security/Safety: Alarm on Site, Fire Extinguisher(s)
Location
- Area: Chicago Heights
- County: Cook
- Township: Bloom
- Driving Directions: Ashland to 202nd street, two story brick medical corner building.
- Location Details: South Suburban, Central Business District, Commercial Business Park, Corner
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Ceiling Units, Electric, Gas
Utilities
- Water: Municipal Water
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected
Structural Information
- Construction: Brick, Concrete, Steel Siding
- Exterior Const.: Brick, Concrete, Steel Siding
- Foundation: Concrete Perimeter
- Roof: Membrane
- Sub-Flooring: Carpet, Tile, Varies
- Stories/Levels: 2
- Square Feet: 11,136
- Current Bldg. Use: Commercial, Office, Medical/Dental
- Year Built: 1968
- Built Before 1978: Yes
Unit Information
- # Tenants: 3
- Extra Storage Avail: Yes
Lot Features
- Lot Size (Acres): 1.1
- Lot Size (Sq. Ft.): 47,678
- Lot Dimensions: 200 x 240
- Frontage: City Street, County Road, Public Road, State Road
- Drainage: Storm Sewers
- Potential Use: Office
- Zoning: COMMR
Financial Considerations
- Lease Price: $10
- For Sale/Rent/Lease: For Sale or Rent
- Security Deposit: Alarm On Site, Fire Extinguisher/s
- Assessment Year: 1968
- Tax Amount: $60,985
- Tax Year: 2024
- Tenant Pays: Varies by Tenant
Disclosures and Reports
- Property ID: 32182050360000
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 500 Ashland Ave
School Districts:Flossmoor School District 161, Bloom Township High School District 206
| Name | Grades | Distance |
|---|---|---|
Serena Hills Elementary School 255 Pleasant Drive, Chicago Heights, IL 60411 | PK-5 | 0.8 mi |
Parker Junior High School 2810 School Street, Flossmoor, IL 60422 | 6-8 | 1.7 mi |
Bloom High School 101 West 10th Street, Chicago Heights, IL 60411 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 500 Ashland Ave
Tax History
Tax History for 500 Ashland Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$26,612
8%
$53,929
33%
2022
$24,529
—
$40,658
—
2021
$24,518
4%
$40,658
—
2020
$23,506
-35%
$40,658
-34%
2019
$36,280
4%
$61,373
—
2018
$34,810
5%
$61,373
—
2017
$33,151
-3%
$61,373
-2%
2016
$34,262
1%
$62,548
—
2015
$34,016
3%
$62,548
—
2014
$32,967
6%
$62,548
-4%
2013
$31,071
4%
$65,251
—
2012
$29,983
—
$65,251
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 500 Ashland Ave
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- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,242Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,296Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,808Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 5Beds
- 4Total Baths
- 3,550Sq. Ft.
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- Single Family
- Active
- Updated 10 hours ago
- 3Beds
- 1Total Bath
- 1,162Sq. Ft.
- Single Family
- Active
- Updated 10 hours ago
- 4Beds
- 2Total Baths
- 1,188Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,170Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 2Total Baths
- 1,551Sq. Ft.
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500 Ashland Avenue, Chicago Heights, IL 60411 (MLS# 12617586) is a Commercial property. 500 Ashland Avenue is currently listed for $600,000 and was received on April 15, 2026. This property is listed by Chuck Groebe from our Gold Coast Office.Want to learn more about 500 Ashland Avenue? Do you have questions about finding other Commercial real estate for sale in Chicago Heights? You can browse all Chicago Heights real estate or contact a Coldwell Banker agent to request more information.