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Investment Highlights

  • Strategically situated near major highways (I-294, I-80) and the Metra Station
  • Provides a cost-effective entry point for small business owners and developers to shape the future of this growing south suburban market.
  • Located in Hazel Crest, a community on the rise with developments like the Wind Creek Chicago Southland Casino

Executive Summary

MoHall Commercial is proud to present an incredible portfolio of five commercial properties in the heart of Hazel Crest, IL, offered through the South Suburban Land Bank. These properties, while requiring full gut renovations, represent a rare opportunity to invest in a community on the cusp of significant economic and cultural growth. With strategic locations, access to major transportation hubs, and proximity to exciting developments like the Wind Creek Chicago Southland Casino and the Hazel Crest Creative Arts District, these properties are brimming with potential for visionary business owners and developers.
Portfolio Highlights
16858 Park Ave, Hazel Crest, IL 60429 – $60,000
Located in a high-traffic area near I-294 and the Metra Station, this property offers excellent visibility and accessibility. Ideal for office space, boutique retail, or community-focused services, this site provides a strong foundation for businesses aiming to anchor in Hazel Crest’s revitalized commercial corridor.
17093 Jodave Ave, Hazel Crest, IL 60429 – $25,000
Previously a BBQ restaurant, this 700 sq. ft. property is perfectly suited for a small-scale culinary concept or quick-service eatery. With a prominent corner location and existing infrastructure, it offers an affordable entry point for restaurateurs ready to serve Hazel Crest’s growing community.
1735 W. 170th St, Hazel Crest, IL 60429 – $30,000
Spanning 2,500 sq. ft., this property provides a blank canvas for innovative development. Located near the bustling Wind Creek Chicago Southland Casino and the Hazel Crest Creative Arts District, it’s an ideal site for retail, creative studios, or mixed-use projects that cater to the influx of visitors and residents in the area.
1739 W. 170th St, Hazel Crest, IL 60429 – $30,000
This former restaurant is primed for transformation into a vibrant dining destination. Its strategic location near major highways and new developments ensures a consistent flow of traffic. Reimagine this space as a trendy café, bistro, or unique culinary hub.
2014 170th St, Hazel Crest, IL 60429 – $75,000
A 1,500 sq. ft. former convenience store offers endless possibilities for redevelopment. Whether you envision a boutique grocer, specialty retail shop, or neighborhood café, this property’s location near residential areas and key transportation routes positions it for success.
Why Invest in Hazel Crest?
Hazel Crest is a community experiencing transformative growth, driven by key developments that are energizing the local economy. The Wind Creek Chicago Southland Casino, located just minutes away, draws thousands of visitors, creating a vibrant commercial environment. The planned Hazel Crest Creative Arts District is set to enhance cultural activity and attract even more foot traffic to the area.
Public transportation is a cornerstone of Hazel Crest’s appeal, with easy access to the Metra Station and major highways like I-294 and I-80. This connectivity ensures businesses in Hazel Crest are accessible to both local residents and commuters from surrounding areas.
Vision Meets Opportunity
While these properties require significant renovation, the upside is undeniable. Developers and small business owners have the chance to create bespoke spaces tailored to the community’s needs, from modern retail hubs to culinary destinations. Hazel Crest is on the rise, and these properties offer an affordable entry point to anchor your business in a community with boundless potential.
Be Part of Hazel Crest’s Growth
Invest in Hazel Crest’s future and establish your business in one of the most exciting south suburban communities. With strong public infrastructure, dynamic cultural initiatives, and a growing economy, Hazel Crest is the ideal location for businesses ready to thrive. Contact MoHall Commercial today to learn more about this portfolio and take the first step in shaping the future of Hazel Crest.

Attachments

OM Hazel Crest

Property Facts

Price $220,000
Price / SF $23.48 / SF
Sale Conditions
Distress Sale
  • Bulk/Portfolio Sale
  • Deferred Maintenance
  • High Vacancy Property
  • Redevelopment Project
  • Building in Shell Condition
Sale Type Investment or Owner User
Status Active
Number of Properties 5
Individually For Sale 0
Total Building Size 9,371 SF
Total Land Area 1.53 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
1735 170th St, Hazel Crest, IL 60429 Retail 2,500 SF 1970 -
1739 170th, Hazel Crest, IL 60429 Retail 2,500 SF 1970 -
16858 Park Ave, Hazel Crest, IL 60429 Retail 2,436 SF 1970 -
2014 170th St, Hazel Crest, IL 60429 Retail 1,500 SF 1970 -
Ice Cream City
17093 Jodave Ave, Hazel Crest, IL 60429
Retail 435 SF 1980 -
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  • Listing ID: 34468872

  • Date on Market: 1/13/2025

  • Last Updated:

  • Address: South Suburban Land Bank Hazel Crest, Hazel Crest, IL

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