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Restaurant Diner For Sale
For Sale
$149,900

12240 S Harlem Avenue, Palos Heights, IL 60463

Business Opportunity, Palos Heights, IL

Property SizeContact for details
Days on Market114

Property Features for 12240 S Harlem Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions Harlem Ave north of 123rd St to 12240 S Harlem, east side of street.
Subdivision Palos Heights
Standard status Active

Taxes and HOA fees

Tax Year 2025

Utilities

Cooling system Central Air

Building Details

Floors in Building 1
Listing Agency: Better Homes & Gardens Real Estate · Better Homes and Gardens Real Estate
Listed By: Noura Ata · License #475180660
Added: May 8 Changed: Aug 20 Last Checked: Aug 29 at 11:06PM
MLS# 12640430

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This for-sale commercial property is identified as a restaurant and breakfast/diner use, offered under zoning designation COMMR.

The asset is located at 12240 S Harlem Avenue in Palos Heights, Illinois 60463 (Cook County). No additional improvements, building layout, or size details were provided with this listing information.

Interested parties should confirm permitted uses and any development or operational requirements directly with the local jurisdiction based on the COMMR zoning classification.

Property Analytics

Current Use

Palos Heights Stem ... Health Counselor Genetti Bistro Breakfast ... Restaurant

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Real Estate Agency Building Supply Pharmacy Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,258
Businesses Nearby
35k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 64% Shops & Services 27% Electronics 5% Home Improvements & Furnishings 3%
Starbucks Dining
17,423 visits/mo 0.5 miles
Old National Bank Shops & Services
3,767 visits/mo 0.5 miles
BMO Harris Bank Shops & Services
3,181 visits/mo 0.4 miles
Bank of America Shops & Services
2,595 visits/mo 0.1 miles
Jimmy John's Dining
2,547 visits/mo 0.4 miles

Demographics for 60463, IL

14,048
Population
5,501
Households
2.6
Avg Household Size
52
Median Age
41%
College-Educated
97%
High-School Grad
5.3 sq mi
ZIP Area
2,651
Density / Sq Mi
$105,389
Median Household Income
$64,885
Median Earnings
$2,119
Median Rent
$343,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Great American Bagel 12774 S Harlem Ave, Palos Heights, IL 60463
  • Lumes Pancake House 12401 S Harlem Ave, Palos Heights, IL 60463

Frequently Asked Questions

What type of property is this?
Breakfast & diner - For-sale restaurant and diner property zoned COMMR in Palos Heights, Illinois.
Where is this breakfast & diner located?
The property is located at 12240 S Harlem Avenue Palos Heights, IL.
What is the asking price?
The asking price for this property is $149,900.
More about this property
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