Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    10140 S Roberts Rd Palos Hills, IL 60465

    For Sale
    $1,049,000

    Retail - Palos Hills, IL

    Type:Retail
    Property size:
    9,100 SF
    Days on Market:
    138
    Last Refresh:
    Dec 13 at 12:06 pm

    Property Features for 10140 S Roberts Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    COMMR
    APN
    23114080100000
    Size
    9,100 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1977
    Number of units
    1
    Architectural style
    Other

    HomeSmart Realty Group (708) 320-0002 [email protected]

    Listing agent Dia Azra (708) 320-0002 License #475163965

    Listing date Jul 29, 2025

    MLS# 12431176 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Palos Hills Mixed-Use Building

    Located 20 minutes from Chicago in Palos Hills, this mixed-use building features a 7800 square foot banquet hall. The banquet hall is equipped with a large, well-equipped kitchen with commercial appliances suitable for serving large crowds, storage rooms, a front bar, a bridal suite, and a basement. The maximum capacity of the banquet hall is 260 people. The second floor contains 2 residential apartments. These apartments could be converted into offices for an owner or manager, or used to generate additional income. The property is located in the heart of Palos Hills on a high-traffic road.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palos Hills
    County
    Cook
    State
    Illinois
    Longitude
    -87.8177997
    Latitude
    41.7064817

    Nearby Similar for Sale

    • $280,000

      Palos Hills Townhouse with Patio

      Well-maintained 2-bedroom townhouse in Palos Hills with private patio.
      14 Cour Caravelle, Palos Hills, IL 60465
      View Details
    • $270,000
      1,600 SF

      First Floor Condo with Garage

      Three-bedroom condo with screened porch, garage, and community amenities.
      9198 South Rd, Palos Hills, IL 60465
      View Details
    • $210,000

      Spacious Condo in Palos Hills

      Bright 2-bedroom, 2-bath condo with open layout and garage.
      11130 Northwest Rd, Palos Hills, IL 60465
      View Details
    • $249,000
      1,480 SF

      Updated Condo with Patio

      Two-bedroom condo with modern kitchen, updated bathrooms, and patio.
      8234 Chestnut Dr, Palos Hills, IL 60465
      View Details
    • $750,000
      3,200 SF

      Palos Hills Free Standing Restaurant

      Free standing restaurant with patio in Palos Hills, Illinois.
      10331 S Roberts Rd, Palos Hills, IL 60465
      View Details
    • $775,000
      3,200 SF

      Palos Hills Restaurant - Investment Opportunity

      Profitable Restaurant, Prime Location, High Occupancy
      10331 Roberts Rd, Palos Hills, IL 60465
      View Details

    FAQs

    What type of property is this?
    Duplex - Mixed-use building with banquet hall and residential apartments.
    Where is this duplex located?
    The property is located at 10140 S Roberts Rd Palos Hills, IL.
    What is the asking price?
    The asking price for this property is $1,049,000.
    What are key features of this property?
    This property features: - Turn-key 7800 Sq Ft banquet hall with a maximum capacity of 260 people.; - Prime location only 20 minutes from Chicago.; - Large, well-equipped commercial kitchen ideal for serving large crowds.
    (708) 320-0002
    Request Owner's contact information
    10140 S Roberts Rd Palos Hills, IL 60465
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10140 S Roberts Rd
    Palos Hills, IL 60465
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10140 S Roberts Rd Palos Hills, IL 60465
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.