Search
Retail Space Adjoining Public Parking
New
For Lease
Contact for pricing

12227 Harlem Avenue, Palos Heights, IL 60463

COMMERCIAL - Palos Heights, IL

Property Size1,500 SF
Days on Market2

Property Features for 12227 Harlem Avenue

General Information

Property type Commercial Lease
Property subtype Retail
Zoning COMMR
Directions Harlem Ave, North or South to 12227 building
Subdivision Palos Heights
Standard status Active

Taxes and HOA fees

Tax Year 2024

Utilities

Cooling system Central Air

Amenities

private restroom
shared kitchen
display lighting
display cases
public parking lot
farmer's market

Building Details

Year built 1957
Floors in Building 1
Number of units 1
Flooring type Tile
Listing Agency: Century 21 Harthside Realtors
Listed By: Lenny Feil · License #471005412
Added: Jul 30 Changed: Jul 31 Last Checked: Jul 31 at 11:06PM
MLS# 12719674

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.

Available for rent, this 1,500 SF retail space is built out as an art and gem gallery and is paired with the renowned Noral Jewelers next door. A turnkey setup option is available, with high-end display lighting and custom display cases that can stay with the unit.

The unit includes tile flooring, central air cooling, and a functional layout featuring a private in-unit restroom plus access to a shared kitchen space with the neighboring unit. It also directly adjoins a public parking lot, designed to simplify access for customers.

Located on Harlem Avenue in Palos Heights’ Restaurant Row, the space benefits from seasonal foot traffic generated by the nearby weekly Farmer’s Market held in the adjacent public space. The property was built in 1957 and is zoned COMMR.

Key Highlights

  • 1,500 SF retail unit built out as an art and gem gallery
  • Turnkey setup option with high‑end display lighting and custom display cases that can stay
  • Private in‑unit restroom plus access to a shared kitchen space

Property Analytics

Current Use

Noral Jewelers & Mineral ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Real Estate Agency Pharmacy Kitchen & Bath Showroom Hair Salon

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

434
Businesses Nearby
107k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 44% Groceries 42% Shops & Services 11% Electronics 2%
Jewel-Osco Groceries
44,761 visits/mo 0.3 miles
McDonald's Dining
23,006 visits/mo 0.5 miles
Wendy's Dining
8,764 visits/mo 0.3 miles
BP Shops & Services
7,922 visits/mo 0.4 miles
Andy's Frozen Custard Dining
7,631 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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Retail space with private in-unit restroom, tile flooring, and central air, directly adjoining a public parking lot.
Where is this retail space located?
The property is located at 12227 Harlem Avenue Palos Heights, IL.
What are key features of this property?
This property features: 1,500 SF retail unit built out as an art and gem gallery; Turnkey setup option with high‑end display lighting and custom display cases that can stay; Private in‑unit restroom plus access to a shared kitchen space
More about this property
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