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$470,000

12339 S Harlem Avenue
Palos Heights, IL60463

Retail|Sold07/26/2025
0
Beds
0
Total Baths
5,010
SqFt
$94
/SqFt
1950
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of @properties Christie's International Real Estate
Call Now: 708-308-1938
Is this the listing for you? We can help make it yours.
708-308-1938
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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!

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Listing Snapshot
Bedrooms 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Inside Area (SqFt) 
5,010 sqft
Lot Size 
N/A
Year Built 
1950
MLS® Number 
11688125
Status 
Sold
Property Tax 
$37,720
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
General Features
Additional Property Use 
Commercial
Foundation 
Concrete Perimeter
Number Of Stories 
3
Property Sub Type 
Retail
SqFt Total 
5010
Utilities 
Electricity AvailableNatural Gas AvailableSewer ConnectedWater Available
Zoning 
RTAIL
Interior Features
Electric 
Circuit Breakers
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Exterior Features
Construction Details 
BrickBlock
Roof 
MembraneRubber
Community Features
MLS Area 
Palos Heights
Neighborhood & Commute
Source: Walkscore
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