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Property profile & analytics

13401 Ridgeland Ave Palos Heights, IL 60463

  • Retail properties
  • 23,231 SF
  • 2.50 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Mary Kate Mineman PA / Physician Assistant
  • Michelle D. Ovando PA / Physician Assistant
  • Dermatology Associates / Skin Care Clinic / Doctor
  • Vivek Iyengar MD / Dermatologist
  • Catrina A. Brucato PA / Physician Assistant

Property Details for 13401 Ridgeland Ave

Year built
1965
Lot size
2.50 lot acres
Property size
23,231 SF
Property type
Retail properties
Property subtype
Restaurants

Description

Westgate Valley Commons, a Class B retail center in Palos Heights, IL (60463), offers exceptional opportunities for businesses seeking high-visibility locations. Situated on busy Ridgeland Avenue, this 23,231 square foot property boasts over 22,000 vehicles passing daily and a strong median household income of $90,995. The center, built in 1965 and renovated in 2016, features a single, one-story building with 120 parking spaces and is currently 90% occupied by a diverse mix of tenants including a restaurant, hair salon, dermatologist, and fitness center. Two inline spaces totaling 2,400 square feet are available, with a minimum divisible space of 1,200 square feet. One space is a shell unit with a single bathroom (Unit 1305), while the other (Unit 1307) is a former cafe with a built-out counter, two bathrooms, a walk-in cooler, and an office. Additional space (Unit 13419), a former bank, offers multiple offices, two bathrooms, a drive-thru, a conference room, and an adjoining three-lane drive-thru with vacuum tubes. All units provide rear access to a private driveway. The property sits on a 2.5-acre lot (23,300 square feet) and is zoned B. The building's floor area ratio (FAR) is 0.2. The property's APN is 24-32-300-039-0000. This prime location across from a thriving residential community presents a unique chance to establish or expand your business in a high-traffic area.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Palos Heights
County
Cook
State
Illinois
Longitude
-87.7767
Latitude
41.6479
More about this property
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