Property profile

11950 Harlem Ave Palos Heights, IL 60463

OFF-MARKET
Retail space
Saved · see the list in your Dashboard
Property ID
US28-5569440
0.33 ac Built 1972
Last sale Dec 2009·$600,000
Trust Owned Owner of record is a trust. 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$43k
Tax billed · 2022
Assessed value$129k
Assessed land$43k
Assessed improvement$86k
Effective rate33.20%

Value estimate

· Nov 2026
$410k
$369k – $451k
AI approach$410k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$149/SF
County average, outlier-cleaned · 2350 recorded sales of this use type
Observed band · Q1–Q3$70 – $271

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Daycare Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Daycare Center10.2
Convenience Store9.7
Computer & Electronic Repair9.4

Location

11950 Harlem Ave Palos Heights, IL 60463-1150
County assessor Recorded deeds · 10 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
12416 Harlem, Palos Heights, IL 60463-1441 $800,000 Feb 2026 No data
12659 Ridgeland, Palos Heights, IL 60463-1871 $3,400,000 Dec 2025 No data
11850 Harlem, Palos Heights, IL 60463-1292 $1,525,000 Dec 2025 No data
6500 College, Palos Heights, IL 60463-1773 $799,000 Dec 2025 4,700 SF
12130 Harlem, Palos Heights, IL 60463-1458 $830,000 Jul 2025 No data
12333 Harlem, Palos Heights, IL 60463-1432 $625,000 Jul 2025 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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