13011 S 104th Avenue Palos Park, IL $ 7,100,000
13011 S 104th Avenue
$ 7,100,000
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13011 S 104th Avenue

Palos Park, IL, 60464
$ 7,100,000
Bedrooms-- Baths-- Sq 36,622

Monthly Estimate*

$ 43,716

13011 S 104th Avenue, Palos Park, IL 60464 - Image 1
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Commercial Property for sale in Palos Park, IL

for $7,100,000. This 36,622 square foot building was built in 2004 on a lot size of 5.83.

Discover a PRIME opportunity to own a fully leased, turnkey Medical Office building with long-term, stable tenants-many in place for over a decade! Anchored by Heart Care Centers of Illinois, which occupies the entire first floor (18,311 SF) with a lease through 2035 and options extending through 2045, this property delivers reliable, long-term income from day one. The building totals approximately 36,622 square feet and has been professionally managed and meticulously maintained. Built in 2004, this modern, high-quality facility features a prominent marquee for tenant signage, new front sliding doors, rooftop solar panels, ample surface parking, and exclusive covered parking for tenants-enhancing convenience, accessibility, and overall comfort. Situated on 5.83 acres, the expansive site provides generous parking and effortless access for patients and staff. Additionally, Peace Village Senior Living is located directly north of the property and is home to approximately 285 residents. Many residents and employees are patients or clients of the existing tenants, further enhancing convenience and supporting natural cross-referral opportunities within the building. Location, Location, Location: Less than one mile from LaGrange Road with convenient access to major expressways including I-294, I-55, I-57, and I-355, the property is ideally positioned to serve a broad patient base throughout the southwest suburbs and greater Chicagoland area. This is a RARE opportunity to acquire a high-quality, income-producing medical office building in a prime location-an exceptional addition to any investment portfolio.

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Commercial Active

Price

$ 7,100,000

Property Type

Commercial

Taxes

$ 209,956

Style

Medical/Dental

Lot Size

5.83

Year Built

2004

Town/City

Palos Park

County/Region

Cook

MLS | Web ID

12578394

Features
General
Cooling Central Air
Zoning COMMR
Construction Materials Brick
Year Built 2004
Electric Circuit Breakers Separate Meters
Stories Count 3
Township Palos
Tax Year 2024
Current Use Medical/Dental
Gross Income 913704
County Cook
Net Operating Income 494706
Operating Expense 418997
Property Type Commercial Sale Office/Tech
Energy Efficient Photovoltaic/Solar System
Status Active
Directions LAGRANGE RD TO 131ST W TO 104TH AVE-LOCATED ON NORTHEAST CORNER OF 104TH AVE & 131ST STREET
City Palos Park
MLS Area Palos Park
Lot Size Square Feet 253955
Tax Annual Amount 209956
Additional Parcels Y/N N
Leasable Area 0
Standard Status Active
Cap Rate 7
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Exterior
Building Area Total 36622
Lot Dimensions 412x614x412x612
Lot Size Acres 5.83
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* Excluded Features
List By
Olivieri Real Estate Llc

Broker

jackie@orepm.com

Email

Affordability Calculator

$61,212
Per Month
71%
29%
0%
Monthly Principal & Interest
$43,716
Monthly Property Taxes
$17,496
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/2/2026$7,100,000 Listed Price

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13011 S 104th Avenue, Palos Park, IL, 60464 is a Commercial Property for sale at $7,100,000 with 36,622 sqft and a lot size of 5.83. 13011 S 104th Avenue was built in 2004. The property's zip code is 60464 which is in Palos Park, IL