There are two mistakes in your thought experiment:
If your Turing machine is not "limited" (in memory, speed, ...) you do not need to use heuristics but you can calculate evaluate the final states (win, loss, draw). To find the perfect game you would then just need to use the Minimax algorithm (see http://en.wikipedia.org/wiki/Minimax) to compute the optimal moves for each player, which would lead to one or more optimal games.
There is also no limit on the complexity of the used heuristic. If you can calculate a perfect game, there is also a way to compute a perfect heuristic from it. If needed its just a function that maps chess positions in the way "If I'm in this situation S my best move is M".
As others pointed out already, this will end in 3 possible results: white can force a win, black can force a win, one of them can force a draw.
The result of a perfect checkers games has already been "computed". If humanity will not destroy itself before, there will be also a calculation for chess some day, when computers have evolved enough to have enough memory and speed. Or we have some quantum computers... Or till someone (researcher, chess experts, genius) finds some algorithms that significantly reduces the complexity of the game. To give an example: What is the sum of all numbers between 1 and 1000? You can either calculate 1+2+3+4+5...+999+1000, or you can simply calculate: N*(N+1)/2 with N = 1000; result = 500500. Now imagine don't know about that formula, you don't know about Mathematical induction, you don't even know how to multiply or add numbers, ... So, it may be possible that there is a currently unknown algorithm that just ultimately reduces the complexity of this game and it would just take 5 Minutes to calculate the best move with a current computer. Maybe it would be even possible to estimate it as a human with pen & paper, or even in your mind, given some more time.
So, the quick answer is: If humanity survives long enough, it's just a matter of time!