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Corner Retail Investment Site
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Pending

12201-12211 S Harlem Ave, Palos Heights, IL 60463

Corner retail property in downtown Palos Heights offered for sale as a potential investment or mixed-use asset.

Property SizeContact for details
Days on Market143

Property Features for 12201-12211 S Harlem Ave

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Diliberto Real Estate
Listed By: Frank Diliberto · License #IL 471017145
Source: Crexi
Added: Apr 12 Changed: Aug 22 Last Checked: Sep 1 at 5:18AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Diliberto Real Estate

Investment Insights

Based on property information with market context.

This downtown Palos Heights gateway corner site offers retail space for sale. The property is positioned as an income-oriented investment opportunity and is also marketed for mixed-use flexibility, giving buyers more than one way to think about the asset.

Located at 12201–12211 S Harlem Ave in Palos Heights, the corner configuration supports street-facing presence from more than one direction. Interested investors and operators can review the existing setup and determine the best fit for continued retail use or an alternate mixed-use approach.

Key Highlights

  • Gateway corner site in downtown Palos Heights
  • Corner retail property offered as an investment or mixed‑use asset
  • $97,000 gross reported

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop 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

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
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Frequently Asked Questions

What type of property is this?
Retail space - Corner retail property in downtown Palos Heights offered for sale as a potential investment or mixed-use asset.
Where is this retail space located?
The property is located at 12201-12211 S Harlem Ave Palos Heights, IL.
What are key features of this property?
This property features: Gateway corner site in downtown Palos Heights; Corner retail property offered as an investment or mixed‑use asset; $97,000 gross reported
More about this property
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