12349-12357 Harlem Ave Palos Heights, IL 60463
This exceptional restaurant property, located at 12349-12357 S. Harlem Avenue in Palos Heights, Illinois, presents a lucrative investment opportunity. The 4,500 square foot building sits on a 0.4-acre lot and boasts 33 parking spaces, ensuring ample convenience for patrons. Its prime corner location within the "Business District No. 2/Harlem Avenue Corridor" in Downtown Palos Heights offers excellent visibility and accessibility. The property is zoned B (Business), making it ideal for a variety of restaurant concepts. The vibrant surrounding area features numerous other restaurants and shopping options within walking distance, creating a thriving commercial hub. Furthermore, its proximity to Metra and I-294 provides easy access for both employees and customers. The asking price for this well-situated restaurant is $750,000. This is a rare opportunity to acquire a thriving business in a high-traffic area with significant growth potential. The property's size, parking, and location combine to create a compelling investment opportunity in a desirable and established commercial district. Don't miss out on this chance to own a piece of Palos Heights' bustling commercial scene. The zip code is 60463, and the property is located in Cook County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.