12760 Harlem Ave Palos Heights, IL 60463-2171
- Retail space
- 0.34 lot acres
Current Use by Public Records
- Consolidated Insurance Consultants / Insurance Agency
- Kehl Kenneth DDS / Dentist
- Cheap Car Insurance Palos Heights / Auto Insurance Agency
- Foster J W / Insurance Agency
Property Details for 12760 Harlem Ave
- Year built
- 1971
- Lot size
- 0.34 lot acres
- Property type
- Retail space
- Property subtype
- Storefront properties
- APN
- 23-36-204-022
- APU
- 2336204022
Description
This exceptional investment opportunity presents a 5,244 square foot, full brick and flexi-core office building located at 12760 S Harlem Avenue in Palos Heights, Illinois, 60463. Built in 1972, this two-story building offers four individual office units, each currently generating rental income, totaling $5,250 per month. The property features a full basement, providing ample additional space. The building is equipped with security cameras for enhanced safety and security. The prime location on busy Harlem Avenue boasts impressive daily traffic counts of 31,700 vehicles, offering excellent visibility and signage opportunities on the building's marquee. The asking price is $599,000, representing a price per unit of $149,750. This property is ideal for investors seeking a strong return on investment in a high-traffic location with significant rental income potential. The flexible layout allows for easy expansion or modification to suit various business needs. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable location.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $375,000
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Location Insight
- Map
- Local Demand
- City
- Palos Heights
- County
- Cook
- State
- Illinois
- Longitude
- -87.7968
- Latitude
- 41.6595
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA