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Retail Space with Display Fixtures
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12227 Harlem Avenue, Palos Heights, IL 60463

Commercial Lease, Palos Heights, IL

Space Size1,500 SF
Days on Market50

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 in-unit restroom
shared kitchen space
high-end display lighting
custom display cases

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: Aug 20 Last Checked: Sep 17 at 8:06AM
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.

This 1,500-square-foot retail unit is arranged for boutique, showroom, gallery, or jewelry-related use. The existing buildout includes high-end display lighting and custom display cases, which may remain for the next occupant. The space also includes a private restroom, tile flooring, and central air conditioning, along with access to a kitchen shared with the neighboring unit.

The property is located at 12227 Harlem Avenue in Palos Heights, within the Restaurant Row area. An adjoining public parking lot provides customer parking, while a weekly farmers market operates in the adjacent public space. The unit is next to Noral Jewelers and is zoned COMMR.

Key Highlights

  • 1,500 SF retail unit at 12227 Harlem Avenue
  • High‑end display lighting and custom display cases may remain
  • Private in‑unit restroom and shared kitchen access

Property Analytics

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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

1,258
Businesses Nearby
35k
Monthly Visits Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Configured for boutique or showroom use with central air, tile flooring, and an in-unit restroom.
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 at 12227 Harlem Avenue; High‑end display lighting and custom display cases may remain; Private in‑unit restroom and shared kitchen access
More about this property
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