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12021 S Harlem Ave 4,000 SF Office Building Palos Heights, IL 60463 $850,000 ($212.50/SF)
Investment Highlights
- Strong performing building
Executive Summary
12021 S Harlem Ave offers a prime office opportunity in Palos Heights, IL. This two-story building features 4,000 SF of office space with a medical secondary use, making it ideal for healthcare or professional services. The property sits on 0.31 acres within a Business District and provides a 1.35 parking ratio for convenience. Constructed with durable masonry in 1974 and fully renovated in 2015, the building is classified as Class B and includes modern amenities such as air conditioning and a security system. With a 12’ slab-to-slab height, flexible layout, and single tenancy, this property is well-suited for businesses seeking a professional environment in a strategic suburban location.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
4,000 SF
Building Class
C
Year Built/Renovated
1974/2015
Price
$850,000
Price Per SF
$212.50
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,000 SF
Slab To Slab
12’
Building FAR
0.30
Lot Size
0.31 AC
Zoning
B1 - Business District
Parking
14 Spaces (3.5 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Signage
- Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 24-30-109-010-0000 | Improvements Assessment | $80,522 |
| Land Assessment | $33,300 | Total Assessment | $113,822 |
Property Taxes
Parcel Number
24-30-109-010-0000
Land Assessment
$33,300
Improvements Assessment
$80,522
Total Assessment
$113,822
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Presented by
Mubarak Mirjat
12021 S Harlem Ave
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