Established Italian Restaurant
For Sale
Contact for pricing
12207 S Harlem Avenue, Palos Heights, IL 60463
Long-running restaurant operation with owner-provided transition training and established management procedures.
Property SizeContact for details
Days on Market139
Property Features for 12207 S Harlem Avenue
General Information
Standard status
Active
Property subtype
Business for Sale, Retail
Additional Details
Business Included
Yes
Listing Agency:
Keller Williams Preferred Realty
(708) 932-9522
Listed By:
Anthony Meier · License #IL 471018883
Source:
Crexi
Added: Apr 13
Changed: Aug 29
Last Checked: Aug 29 at 3:38PM
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 Keller Williams Preferred Realty
Investment Insights
Based on property information with market context.
Joe's Italian Villa is an Italian restaurant business at 12207 S Harlem Avenue in Palos Heights, Illinois. The operation has been established for over 70 years and includes a management system described as proven in the source information.
The owner is retiring and has offered to provide training to the next operator. Prospective buyers, brokers, and other participants must sign a nondisclosure agreement, provide identification, and verify available funds or in-place financing before business financial information is released.
The owner is retiring and has offered to provide training to the next operator. Prospective buyers, brokers, and other participants must sign a nondisclosure agreement, provide identification, and verify available funds or in-place financing before business financial information is released.
Key Highlights
- Joe's Italian Villa restaurant business
- Operating for over 70 years
- Owner retiring and offering transition training
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,258
Businesses Nearby
35k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Long-running restaurant operation with owner-provided transition training and established management procedures.
Where is this conventional restaurant located?
The property is located at 12207 S Harlem Avenue Palos Heights, IL.
What are key features of this property?
This property features: Joe's Italian Villa restaurant business; Operating for over 70 years; Owner retiring and offering transition training
