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    Property profile & analytics
    OFF-MARKET
    Retail space

    7270 College Dr, Palos Heights, IL 60463-1154

    0.5 ac lot Built 1988
    Entity Owned 6-yr Hold ~ Est. High Equity
    Property ID
    US28-0632334
    Property summary
    AI-generated overview

    This exceptional office property, located at 7270 W College Dr in Palos Heights, IL 60463, offers a diverse range of workspace solutions. The two-story, Class B building, constructed in 1985, boasts a total of 11,000 square feet. Multiple tenancy options are available, catering to businesses of varying sizes. Units range from a minimum of 150 square feet to a maximum contiguous space of 1,750 square feet, providing flexibility for both small startups and established companies. The property is ideally suited for a variety of office types, including traditional office spaces, coworking arrangements, executive suites, and creative office environments. Its location in Palos Heights, within easy reach of Chicago's southwest suburbs, offers convenient access for employees and clients alike. The building's below-market rental rates make it a particularly attractive option for businesses seeking cost-effective, high-quality office space. The property has already attracted a diverse tenant base, including medical practices, law firms, and therapists, highlighting its suitability for a wide range of professional services. This is an excellent opportunity to secure a well-located, versatile office space in a thriving community. Contact us today to learn more about available units and lease terms.

    Property profile
    Verified
    Property type Retail space
    Use group STORE, RETAIL OUTLET
    Year built 1988
    Lot 0.5 ac (21,716 SF)
    APN 23-24-406-021
    UPID US28-0632334
    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
    • Demeter Lela MD Physician
    • Law Offices of J. Mark Lukanich Law Firm
    • Dr. Jeffrey Curtin Physician Medical Clinic
    • Nicholas Rizzo, MD Physician
    • Premiere General Medicine Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Palos Professional Plaza LLC · 6 yrs held
    Palos Professional Plaza LLC
    since 2019
    7 recorded transactions
    2022
    2019
    $1.4M
    2013
    2004
    2004
    $3.0M
    1998
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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