Address
12339 S Harlem Avenue, Palos Heights, IL
Price
$ 550,000
Property Attributes
  • MLS#11688125
  • TypeCommercial
  • CountyCOOK
  • CityPalos Heights
  • AreaPalos Heights
  • Zip60463
  • StyleCommercial
  • Year Built1950
  • Taxes$ 35616
  • Price$ 550,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5010
  • Lot Size0.306841 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

3 retail stores total in Palos Heights Business District. Parking on Harlem and 71st Ct. sides. All stores are currently leased. Each store includes separate heating & air conditioning systems which are separately metered. Over 5,000 sq. ft. of total space. The 3 units had a new roof installed in Jan 2021 with a 20 yr transferrable warranty. 12339 pays $1700/mo and is a month-to-month lease and is approx 1350 sf. 12341 pays $1840/mo and lease expires 3/31/24 and is approx. 1350 sf. 12343 pays $1800/mo and lease expires 11/30/25 and is approx 2300. Insurance-$3100/year. Water/sewer - $4380/yr. Disposal - $1344/yr. Tenants pay gas/electric.

Price History
12/15/2022 Listed $650,000
1/20/2023 2% - $640,000
2/3/2023 2% - $630,000
3/2/2023 2% - $620,000
6/16/2023 2% - $610,000
7/3/2023 10% - $550,000

General Features

Cooling Central Individual
Utilities Electric to Site,Gas to Site,Sanitary Sewer,Water-Municipal,Water to Site
Roof Membrane,Reflective Coating,Rubber
Zoning RTAIL
Construction Materials Brick,Block
Year Built 1950
Electric Circuit Breakers,Separate Meters
Tenant Pays Electricity,Heat,Sewer
Stories 3
Property SubType Strip Center
Tax Year 2022
Current Use Commercial
County Cook
Operating Expense 8824
Property Type Commercial Sale
Status Active
Directions Harlem to 12339. Units located on East side of Harlem Ave.
City Palos Heights
Total Units 3
MLS Area Palos Heights
Lot Size Square Feet 13366
Street Name Harlem
Tax Annual Amount 35616
Additional Parcels Y/N Yes
Leasable Area 5010
Virtual Tour https://tour.vht.com/434295633/12339-s-harlem-ave-palos-heights-il-60463/idx
Days on Market 464
Lease Type Modified Gross
Standard Status Active
Property Type Retail/Stores

Interior Features

Street Suffix Avenue

Exterior Features

Foundation Details Concrete Perimeter
Building Area Total 5010
Lot Dimensions 60 X 222

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
$550K
Taxes
AVG $66,773
$35,616
Visits
AVG 366
631
Data Provided by Inside Real Estate®
Year Built
AVG 1978
1950
Walkscore
AVG 56
78
Data Provided by Walkscore® not using MLS data

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