13401 S RIDGELAND Avenue Palos Heights, IL 60463

$2,795,000
13401 S RIDGELAND Avenue, Palos Heights, IL 60463
09864805

Commercial Property for sale in Palos Heights, IL

for $2,795,000. This 23,231 square foot building was built on a lot size of 367X300.

Property Information

  • $2,795,000
  • Commercial
  • 23,231 Square Feet
  • Taxes are $109,532
  • Retail
  • Active
  • 1 Floors
  • Lot size of 367X300
  • Palos Heights, IL
  • Westgate Valley Neighborhood
  • Cook County
  • MLS/Web ID is 09864805

Description

Wonderful 23, 000 square feet of rentable space in a commercial shopping center right on Ridgeland Ave. 2.5 acres of land total, long term tenants include Subway, First Midwest Bank and Zachary's Bar and Grill. The property is located in Cook County, with a total population of 73, 640 within 3 miles and an average age of 42. In 2016, the median household income in Palos Heights was $78, 727 which is far greater than the median annual income in the United States. The most common profession by number of employees are Professional /Management, Financial/Investments and Sales/Office. In 2016, the median property value in Palos Heights, IL grew to $280, 400 which is down 1.72% from the previous year. Home ownership rate in Palos Heights is 94.4% and the average car ownership is 2 cars per household.

Interior 2

Cooling System

  • Central Air

Heating System

  • Forced Air
  • Gas

Exterior 1

Parking

  • 100+ Parking Spaces

Rental 1

Tenant Pays

  • Other Expenses

† Excluded Feature

Listed By

Broker: WINDY CITY RE LLC

13401 S RIDGELAND Avenue, Palos Heights, IL, 60463 is a Commercial Property for sale at $2,795,000 with 23,231 sqft and a lot size of 367X300. 13401 S RIDGELAND Avenue has 0.0 baths. The property's zip code is 60463 which is in Palos Heights, IL

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Pricing History

Date Price Price Change Description
3/23/2018 $2,795,000 -3.45 % Price Change
2/23/2018 $2,895,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Palos Heights $384,987 86 % below $329,000 88 % below
Commerical listings in Palos Heights $1,034,380 63 % below $474,950 83 % below

Get the facts about Palos Heights, IL!

Population 12,257
Population Growth (since 2000) 7 %
Median Income $79,005
Median Age 50.51
Households w/ Children 19 %

Residential Dwellings

  • Owned 4498
  • Vacant 193
  • Rented 242

Similar Listings

Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363