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11952 S HARLEM Avenue Palos Heights, IL $ 1,399,000
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11952 S HARLEM Avenue
$ 1,399,000
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11952 S HARLEM Avenue

Palos Heights, IL, 60463
$ 1,399,000
Baths0.0 Sq 8,874

Monthly Estimate*

$ 9,772

11952 S HARLEM Avenue, Palos Heights, IL 60463 - Image 1
Studio

Commercial Property for sale in Palos Heights, IL

for $1,399,000. This 8,874 square foot building was built in 1980.

MEDICAL BUILDING Attractive 2 story Medical building, all floors fully rented including finished basement! Fantastic location on busy Harlem Ave. in Palos Heights, IL. near hospital. The building is beautifully decorated and extremely well kept. There is a medical size elevator installed new in 2013. Recently the building was updated with all new LED lighting throughout the inside and outside. The roof was sealed with a 7-year sealant in 2022. The second-floor hallway was recently painted in 2023. There are 3 washrooms on every floor and lower level has extra large handicap, that once had a shower. All units have floor to ceiling windows for a bright, open and cheerful atmosphere that tenants enjoy. The outside building is completely maintenance free with a large, illuminated sign on Harlem Ave. Tenants are long term and must not be disturbed. This property is a must-see, perfect for anyone in the medical field or just as a great investment opportunity.

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Commercial Active

Price

$ 1,399,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 31,338

Style

Office

Year Built

1980

Town/City

Palos Heights

County/Region

Cook

MLS | Web ID

12026209
Features
General
Cooling Central Air
Utilities Electric to Site
Possession Closing
Roof Membrane
Zoning OFFIC
Construction Materials Brick
Year Built 1980
Electric Circuit Breakers
Tenant Pays Varies by Tenant
Stories 2
Township Worth
Property SubType Office
Tax Year 2022
Current Use Office
Gross Income 141840
County Cook
Net Operating Income 94354
Operating Expense 46586
Property Type Commercial Sale Office/Tech
Status Active
Directions TAKE HARLEM AVE SOUTH TO 120TH NORTH WEST CORNER OF 120TH AND HARLEM
City Palos Heights
Total Units 7
MLS Area Palos Heights
Lot Size Square Feet 12833
Street Name HARLEM
Tax Annual Amount 31338
Additional Parcels Y/N N
Leasable Area 0
Days on Market 6
Standard Status Active
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Interior
Flooring Carpet
Street Suffix Avenue
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 8874
Lot Dimensions 90 X 145
Lot Size Acres 0
Frontage Type City Street
Exterior Brick
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* Excluded Features
List By
Patrick Realty

Broker

patrickrealtyinc@gmail.com

Email

Affordability Calculator

$12,384
Per Month
79%
21%
0%
Monthly Principal & Interest
$9,772
Monthly Property Taxes
$2,612
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/10/2024$1,399,000 Listed Price

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11952 S HARLEM Avenue, Palos Heights, IL, 60463 is a Commercial Property for sale at $1,399,000 with 8,874 sqft. 11952 S HARLEM Avenue is a studio with 0.0 baths and was built in 1980. The property's zip code is 60463 which is in Palos Heights, IL

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