11952 Harlem Ave Palos Heights, IL 60463-1167
The property is a furnished medical office space located in a well-maintained multi-floor building on Harlem Avenue in Palos Heights, Illinois, with illuminated building signage for street visibility. The office layout includes four exam rooms, a waiting room, a reception area, and a kitchen. The space includes a medical elevator providing access to all floors. Restrooms are located just outside the office area, and the space is configured with ample natural light. Included furnishings consist of desks, chairs, tables, lamps, file cabinets, and exam tables, and the kitchen is equipped with a copier, microwave, and refrigerator. The space is supported by building utilities and services as part of its operational setup, and it is situated a short distance from a major hospital. The unit has access to the building’s maintained common areas and restroom facilities and includes onsite visibility via Harlem Avenue frontage signage.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.