Property profile

12101 Ridgeland Ave Palos Heights, IL 60463

OFF-MARKET
Commercial real estate
Property ID
US28-0117259
572 SF 0.63 ac lot Built 1948
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1948
Total area 572 SF
Lot 0.63 ac (27,225 SF)
APN 24-29-100-003
UPID US28-0117259

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Wash

Location

12101 Ridgeland Ave Palos Heights, IL 60463-1851
Palos Heights metro Census 823605 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.75M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.76M

Owner & transaction history

since 2022
Last sale
$1.5M
7 recorded transactions
2022
Price N/A
2021
$1.5M
2007
$1.8M
2003
Price N/A
2002
Price N/A
2001
$350,000
1999
$100,000

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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