Property profile

13011 104th Ave Palos Park, IL 60464

OFF-MARKET
Retail space
Property ID
US28-2189551
5.83 ac lot Built 2003
Entity Owned 22-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A office building, the Peace Professional Center, presents a rare opportunity for discerning businesses. Located at 13011 S 104th Ave in Palos Park, Illinois (zip code 60464), this single, two-story building offers a total of 31,180 square feet of meticulously maintained space. Constructed in 2002, the property boasts a modern design and is ideal for medical or office professionals. Currently, one suite is available, measuring 2,104 square feet, providing ample room for expansion or comfortable operations. The building features convenient amenities including 90 parking spaces and elevators for easy access. The zoning classification requires verification with the village. Situated in Cook County, Illinois, this property benefits from a prime location and excellent accessibility. The building's attractive design and functional layout make it an ideal choice for businesses seeking a professional and efficient workspace. This is a fantastic opportunity to secure a highly desirable office space in a thriving community. Interested parties should inquire promptly as this space is expected to lease quickly.

Property profile

Verified
Property type Retail space
Use group STORE, RETAIL OUTLET
Year built 2003
Lot 5.83 ac (253,955 SF)
APN 23-33-100-015
UPID US28-2189551

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
  • Loan Service Bank
  • Hospital
  • Dental Office
  • Physician Medical Clinic
  • Physician Medical Clinic

Location

13011 104th Ave Palos Park, IL 60464-1506
Palos Park metro Census 823801 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$455k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$455k

Owner & transaction history

since 2004
6 recorded transactions
2023
Price N/A
2019
Price N/A
2004
Price N/A
2004
Price N/A
1969
Price N/A
1969
Price N/A

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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