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    11950 Harlem Ave Palos Heights, IL 60463

    Sponsored
    For Lease
    $16 SF/Yr ($16,582 /Mo)

    1,684 SF Available - Cook County

    Lot size:
    12,437 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional executive office space, located at 11950 S. Harlem Avenue in Palos Heights, Illinois, presents a fantastic opportunity. The property, situated on a 0.69-acre lot in Cook County, offers a total of 12,437 square feet, with 1,684 square feet currently available for lease. Built in 1974, the building is categorized as a multi-tenant office property. The available space is ideal for businesses seeking a well-established location in a thriving community. The property benefits from included HVAC, a significant cost savings for tenants. Furthermore, lighting and electrical outlets are also covered by the tenant lease. This is a prime opportunity for a business seeking a move-in ready executive office suite in a convenient location. The address is 11950 S. Harlem Ave., Palos Heights, IL 60463. The property's convenient location and included utilities make it an attractive option for businesses of all sizes. The available space is ready for immediate occupancy, allowing for a quick and seamless transition. Don't miss this chance to secure your business's future in this desirable location. Contact us today to schedule a viewing.

    Property Features for 11950 Harlem Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,437 SF
    Total Rate
    16582.67

    Building Details

    Year Built
    1974

    Unit(s) available at that property

    Space
    Suite L1
    Size
    1,684 SF
    Rate per SF
    $16

    HighLights

    • Abundant on‑site parking.
    • Prime downtown Palos Heights location.
    • Walkable to diverse restaurants and shopping.
    • Convenient access to Metra and I‑294.
    • High visibility and 24/7 accessibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mary Eannace (Speech ... Speech Pathologist Clark Financial Services Financial Advisor The Law Office of Jack ... Legal Services John Principe Internist Dominika T. Zahradnicek, ... Chiropractor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palos Heights
    County
    Cook
    State
    Illinois
    Longitude
    -87.7971976
    Latitude
    41.6740671

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    FAQs

    What type of property is this?
    Office Property / Space - 1,684 SF Available - Cook County
    Where is this office property / space located?
    The property is located at 11950 Harlem Ave Palos Heights, IL.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: Abundant on-site parking.; Prime downtown Palos Heights location.; Walkable to diverse restaurants and shopping.
    Request Owner's contact information
    11950 Harlem Ave Palos Heights, IL 60463
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11950 Harlem Ave Palos Heights, IL 60463
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