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11324 Southwest Hwy 4,568 SF Vacant Retail Building Palos Hills, IL 60465 $599,900 ($131.33/SF)
Investment Highlights
- Just minutes from Moraine Valley Community College and surrounded by established retail, dining, and services
- Endless possibilities, one exceptional address.
Executive Summary
Versatile commercial building in a prime Southwest Highway corridor location with 11,000+ vehicles per day (IDOT). This well-maintained 1989 office building delivers serious infrastructure - 400-amp electrical service, 6 private offices, a dedicated conference room, and 3 bathrooms - all ready for your vision. New AC (2024) means the big-ticket work is done. Ideal for medical, dental, professional services, retail, or co-working. Situated in the heart of Palos Hills' thriving business community, just minutes from Moraine Valley Community College and surrounded by established retail, dining, and services. Endless possibilities, one exceptional address.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
4,568 SF
Building Class
C
Year Built
1962
Price
$599,900
Price Per SF
$131.33
Percent Leased
Vacant
Building Height
1 Story
Building FAR
0.65
Lot Size
0.16 AC
Zoning
B3
Parking
9 Spaces (1.97 Spaces per 1,000 SF Leased)
Frontage
87’ on Southwest Highway
Amenities
- Conferencing Facility
- Signage
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 23-24-110-020-0000 | Improvements Assessment | $66,792 |
| Land Assessment | $21,489 | Total Assessment | $88,281 |
Property Taxes
Parcel Number
23-24-110-020-0000
Land Assessment
$21,489
Improvements Assessment
$66,792
Total Assessment
$88,281
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11324 Southwest Hwy