13401 Ridgeland Ave Palos Heights, IL 60463
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.
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Mary Kate Mineman PA Physician
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Michelle D. Ovando PA Physician
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Dermatology Associates Medical Clinic Skin Care Clinic
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Vivek Iyengar MD Physician Medical Clinic
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Catrina A. Brucato PA Physician
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.
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Risks
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