Seller Financing
Address
11952 S HARLEM Avenue, Palos Heights, IL
Price
$ 1,399,000
Property Attributes
  • MLS#12026209
  • TypeCommercial
  • CountyCOOK
  • CityPalos Heights
  • AreaPalos Heights
  • NeighborhoodColonial Heights
  • Zip60463
  • StyleOffice
  • Year Built1980
  • Taxes$ 31338
  • Price$ 1,399,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage8874
Data Source:
Midwest Real Estate Data (MRED)
Property Description

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. Seller financing may be available.

Price History
4/10/2024 Listed $1,399,000

General Features

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
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 No
Days on Market 29
Standard Status Active
Property Type Office/Tech

Interior Features

Flooring Carpet
Street Suffix Avenue

Exterior Features

Foundation Details Concrete Perimeter
Building Area Total 8874
Lot Dimensions 90 X 145
Frontage Type City Street
Exterior Brick

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60463

Price
AVG $100K
$1.4M
Taxes
AVG $66,773
$31,338
Visits
AVG 362
22
Data Provided by Inside Real Estate®
Year Built
AVG 1978
1980

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