7227 W 127TH Street Palos Heights, IL ^$ 449,000

7227 W 127TH Street

^$ 449,000

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7227 W 127TH Street

Palos Heights, IL, 60463

^$ 449,000

Bedrooms-- Baths-- Sq 3,500

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Property for Rent in Palos Heights, IL

for $449,000. This 3,500 square foot property was built in 1963 on a lot size of 0.172176.

High exposure for this office/store building, located on the high-traffic intersection of 127th St & Harlem Ave. 1st floor is fully rented. 2nd floor offers 7 offices with a reception area that can be combined under 1 business or divided and rented individually. Naturally lit with large windows. Perfect for attorneys, accountants, insurance agents..etc.

Rental Active

Price

^$ 449,000

Taxes

^$ 22,546

Style

Office

Lot Size

0.172176

Year Built

1963

Town/City

Palos Heights

County/Region

Cook

MLS | Web ID

12431241

Features

General

Cooling Central Air

Possession Closing Immediate Negotiable

Roof Membrane

Zoning COMMR

Construction Materials Brick Wood Vinyl Siding

Year Built 1963

Electric Circuit Breakers

Tenant Pays Varies by Tenant

Stories Count 2

Township Palos

Property Subtype Office

Tax Year 2023

Current Use Office

Gross Income 0

County Cook

Net Operating Income 0

Operating Expense 0

Property Type Commercial Sale Office/Tech

Possible Use Commercial Office Retail

Status Active

Directions HARLEM TO 127TH WEST TO ADDRESS (NEXT TO CORNER MOBILE GAS STATION

City Palos Heights

Number Of Units Total 7

MLS Area Palos Heights

Lot Size Square Feet 7500

Tax Annual Amount 22546.8

Additional Parcels Y/N N

Leasable Area 3500

Lease Type Modified Gross

Standard Status Active

Exterior

Foundation Details Concrete Perimeter

Building Area Total 3500

Lot Dimensions 50X150

Frontage Type City Street

* Excluded Features

List By

Homesmart Realty Group

Broker

SoldbyD@gmail.com

Nearby

Trends
Schools

About Palos Heights, IL

12,170 Population

6% Since 2002

^$81,069 Median Income

50.15 Median Age

20% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/16/2025	$449,000	-10.02%	Price Down
7/28/2025	$499,000		Listed Price

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7227 W 127TH Street, Palos Heights, IL, 60463 is a Property for Rent at $449,000 with 3,500 sqft and a lot size of 0.172176. 7227 W 127TH Street was built in 1963. The property's zip code is 60463 which is in Palos Heights, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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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Data is updated as of 12/23/2025.

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7227 W 127TH Street

Property for Rent in Palos Heights, IL

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