Property summary
This exceptional 25,000 square foot, single-story retail center, built in 1988 and renovated in 2023, is located at 8066 W 111th St, Palos Hills, IL 60465, at the intersection of 111th Street and Roberts Road. The property sits on a 3-acre lot and offers 14 suites, with 9,500 square feet currently vacant. Spaces range from a minimum of 1,000 square feet to a maximum contiguous space of 5,500 square feet. The center boasts dual-sided pylon signage providing excellent visibility to the nearly 11,000 vehicles that travel 111th Street daily. Benefit from the proximity to major retailers including Walgreens, McDonald's, Taco Bell, Pizza Hut, and Ace Hardware. Ample parking is available with 200 spaces. The property is zoned commercial (Class B) and enjoys a prime location across from Stagg High School and one mile west of Moraine Valley Community College. The Palos Hills area is experiencing significant growth, with the population increasing from 17,617 to 19,212. Further enhancing the location's appeal, millions of dollars are being invested in the 111th Street corridor, including a new Starbucks at the hard corner of 111th and Roberts Road, and a new townhome development is underway next door. This presents a unique opportunity for businesses to thrive in a rapidly developing and highly visible location.
Property profile
VerifiedCap rate & NOI
Current use
-
Building Supply General Contractor
-
Tanning Salon
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight