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Property profile & analytics
OFF-MARKET Estimated value $1,175,000
Retail space

11952 Harlem Ave Palos Heights, IL 60463-1167

0.29 ac lot Built 1974
Entity Owned ~ Est. High Equity
Property ID
US28-5628361
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group STORE, RETAIL OUTLET
Year built 1974
Lot 0.29 ac (12,832 SF)
APN 23-25-205-024
UPID US28-5628361
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Lauri Hodory, OTR Physician
  • Farmers Insurance - Alan Erickson Insurance Agency
  • Siwek Law Office Law Firm
  • The Law Office Of Rafael Albarran Law Firm
  • Radius Foundation, Inc. Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.18M
Owner & transaction history
Ahi Realty LLC
Ahi Realty LLC
since 2025
Last sale
$1.2M
7 recorded transactions
2025
$1.2M
2009
Price N/A
2004
$621,000
1999
$750,000
1998
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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