IL > Palos Heights
Palos Heights, IL 60463,12339 S Harlem AVE
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Palos Heights, IL 60463,12339 S Harlem AVE
Palos Heights, IL 60463,12339 S Harlem AVE
Palos Heights, IL 60463,12339 S Harlem AVE
Palos Heights, IL 60463,12339 S Harlem AVE
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Samuel Stella

Samuel Stella

+1(224) 426-4652
$ 510,000
Est. payment /mo
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Active

12339 S Harlem AVE Palos Heights, IL 60463

5,010 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 5,010 sqft

Price per Sqft $101

MLS Listing ID 11688125

Year Built 1950

Annual Tax Amount $37,720

Tax Year 2023

Lot Dimensions 60 X 222

Property Sub-Type Retail/Stores

Property Description

Prime Investment Opportunity in Palos Heights Business District This well-maintained retail property consists of three fully leased storefronts in the heart of the Palos Heights Business District, offering excellent visibility and accessibility. The building benefits from dual frontage with convenient parking on both Harlem Avenue and 71st Court. Key features include: Fully Leased Units: Reliable rental income with long-term tenants. Separate Utilities: Each unit has independent heating and air conditioning, separately metered for tenant-paid gas and electric. Recent Upgrades: A new roof was installed in January 2021, backed by a transferable 20-year warranty. Generous Space: Over 5,000 sq. ft. of total rental space. Current Lease Details: 12339 - 1,350 sq. ft., leased at $2,040/month (expires 10/31/26). 12341 - 1,350 sq. ft., leased at $1,894/month (expires 3/31/27). 12343 - 2,300 sq. ft., leased at $1,840/month (expires 9/30/25). Operating Expenses: Insurance: $3,100/year Water/Sewer: $4,380/year Disposal: $1,344/year With tenants covering gas and electric, this low-maintenance investment offers strong cash flow potential in a thriving commercial corridor. Don't miss this exceptional opportunity-contact us today for more details!

Location

State IL

County Cook

Area Palos Heights

Zoning RTAIL

Interior

Cooling Central Individual

Fireplace N

Exterior

Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal, Water to Site

Roof Type Membrane,Reflective Coating,Rubber

Building

Dwelling Type Retail/Stores

Level or Stories 3

Structure Type Brick,Block

Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Linda Schaver • @properties Christie's International Real Estate
agent

Samuel Stella

Designated Managing Broker / Owner | License ID: 471.021016

+1(224) 426-4652

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12339 S Harlem AVE

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