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$365,000
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Property Description
Commercial property located just off I-94 along Route 6 / 162nd Street corridor. Excellent visibility and accessibility in a high-traffic commercial area surrounded by established businesses and strong commuter activity. The property features an open-concept first floor with restroom, along with a loft-style upper level including two offices and an additional restroom. The upper level provides flexible use options such as office expansion, private suites, storage, or creative workspace, subject to municipal approval. Elevator access is available, offering added convenience and accessibility. Currently operating as a hair salon, the property allows for a range of potential commercial uses, subject to zoning approval. Business and equipment may be available separately. Contact listing agent for details regarding permitted uses.
Full Property Details
Full Property Details for 16224 Prince Dr
General
- Price: $365,000
- Taxes: $28,160 (2025)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12662209
- Updated: 6/22/2026
- Added to Site: 78 day(s) ago
Additional Information
- Security/Safety: Other
Location
- Area: South Holland
- County: Cook
- Driving Directions: Take I-94 (Bishop Ford) to the 163rd St exit. Head east on 163rd St. Turn left onto Prince Dr. (Cleopatra Hair Design) will be on your left
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Gas
Structural Information
- Stories/Levels: 2
- Square Feet: 2,700
- Year Built: 1994
Lot Features
- Lot Size (Acres): 0.078
- Lot Size (Sq. Ft.): 3,700
- Lot Dimensions: 23 x 157 x 24 x 158
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Other
- Assessment Year: 1994
- Tax Amount: $28,160
- Tax Year: 2025
Disclosures and Reports
- Property ID: 29232020260000
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Schools
Schools serving 16224 Prince Dr
School Districts:South Holland School District 151, Thornton Township High School District 205
| Name | Grades | Distance |
|---|---|---|
Eisenhower School, South Holland, IL 16001 Minerva Avenue, South Holland, IL 60473 | 2-3 | 0.3 mi |
Madison School, South Holland, IL 15700 Orchid Drive, South Holland, IL 60473 | 4-5 | 1.2 mi |
Taft School 393 East 163rd Street, Harvey, IL 60426 | PK-1 | 2.4 mi |
Coolidge Middle School, Phoenix, IL 15500 7th Avenue, Phoenix, IL 60426 | 6-8 | 2.1 mi |
Thornwood High School 17101 South Park Avenue, South Holland, IL 60473 | 9-12 | 1.4 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 16224 Prince Dr
Date
Details
Price
Change
Source
5/28/2026
Listed
$365,000
65.91%
MLS
10/03/2001
Sold
$220,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 16224 Prince Dr
Year
Property Taxes
Change
Tax Assessment
Change
2023
$28,160
—
$60,323
—
2023
$28,160
-10%
$60,321
16%
2022
$31,229
1%
$52,097
—
2021
$30,884
6%
$52,097
—
2020
$29,092
-18%
$52,097
-14%
2019
$35,536
2%
$60,860
—
2018
$34,710
24%
$60,860
21%
2017
$27,966
-1%
$50,484
-4%
2016
$28,384
3%
$52,333
—
2015
$27,520
2%
$52,333
—
2014
$26,924
6%
$52,333
—
2013
$25,386
-29%
$52,332
-31%
2012
$35,754
—
$76,273
—
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 16224 Prince Dr
16224 Prince Drive, South Holland, IL 60473 (MLS# 12662209) is a Commercial property. 16224 Prince Drive is currently listed for $365,000 and was received on May 28, 2026. Want to learn more about 16224 Prince Drive? Do you have questions about finding other Commercial real estate for sale in South Holland? You can browse all South Holland real estate or contact a Coldwell Banker agent to request more information.

