Financial
Distress signals
Property profile

7350 College Dr Palos Heights, IL 60463

OFF-MARKET
Retail space
Property ID
US28-0703970
1.76 ac lot Built 1977
Last sale Jun 2002
Trust Owned Owner of record is a trust. 24-yr Hold Held for 24 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a two-story office building with elevator access, designed to provide smaller suite configurations suitable for medical, dental, or general office use. It is located just west of Harlem on Route 83, offering regional access. Suite 205 comprises approximately 1,408 square feet and includes a reception area, waiting room, kitchen, two to three exam rooms, two to three semi-private offices, and a private bathroom.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$73k
Tax billed · 2022
Assessed value$219k
Assessed land$216k
Assessed improvement$2k
Effective rate33.20%

Value estimate

· Sep 2026
$375k
$338k – $413k
AI approach$375k

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?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.8
Auto Parts Store12.6
Daycare Center11.4

Location

7350 College Dr Palos Heights, IL 60463-1149
County assessor Recorded deeds · 1 transfer Qualifying 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 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
12416 Harlem, Palos Heights, IL 60463-1441 $800,000 Feb 2026 No data
12659 Ridgeland, Palos Heights, IL 60463-1871 $3,400,000 Dec 2025 No data
11850 Harlem, Palos Heights, IL 60463-1292 $1,525,000 Dec 2025 No data
6500 College, Palos Heights, IL 60463-1773 $799,000 Dec 2025 4,700 SF
12130 Harlem, Palos Heights, IL 60463-1458 $830,000 Jul 2025 No data
12333 Harlem, Palos Heights, IL 60463-1432 $625,000 Jul 2025 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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