Property profile

7800 W College Dr Palos Heights, IL 60463

FOR LEASE
Retail space
Saved · see the list in your Dashboard
Property ID
US28-1489301
1.17 ac Built 1977
Last sale Aug 2025·$585,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property is a medical-and-office building located at 7800 W College Dr in Palos Heights, Illinois (60463). It provides on-site parking through a large parking lot designed to support tenant and visitor arrival. The building is configured to accommodate both medical and office space, with available configurations intended to allow flexible space selection based on workspace needs.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$59k
Tax billed · 2022
Assessed value$173k
Assessed land$102k
Assessed improvement$71k
Effective rate34.01%

Value estimate

· Nov 2026
$585k
$527k – $644k
AI approach$410k
NOI build-up
Gross scheduled income$31k
Vacancy & credit loss−$2k
Operating expenses−$11k
NOI$17k

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?
$17k estimated NOI · market benchmarks for this use type

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

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: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply20.9
Realty agency20.2
Auto Parts Store17.7

Location

7800 W College Dr Palos Heights, IL 60463
County assessor Recorded deeds · 5 transfers 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Why this one?
Saved