Financial
Distress signals
Property profile

12000 S Harlem Ave S Palos Heights, IL 60465

FOR SALE
Retail space
Property ID
US28-2527865
0.36 ac lot Built 1972
Last sale Jan 2013
Trust Owned Owner of record is a trust. 21-yr Hold Held for 21 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
12000 S Harlem Ave S, Palos Heights, IL 60465 For Sale
$398,000
12000 S Harlem Ave S, Palos Heights, IL 60465
View Listing →
Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?

$21k
Tax billed · 2022
Assessed value$65k
Assessed land$48k
Assessed improvement$17k
Effective rate33.20%
Value estimate · Sep 2026
$300k
$270k – $330k
AI approach$300k
NOI build-up
Gross scheduled income$42k
Vacancy & credit loss−$10k
Operating expenses−$8k
NOI · 5.89% cap applied$23k

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?

5.89%
$23k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight No data

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: Pharmacy
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pharmacy9.2
Department Store7.4
HVAC Service9.4

Location

12000 S Harlem Ave S Palos Heights, IL 60465
County assessor Recorded deeds · 8 transfers 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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