11164 Southwest Highway

Palos Hills, Illinois 60465
Closed / MLS #11144937 / Commercial / Mixed Use / Palos Hills
Listing information updated 8/26/2021 at 12:23pm
4000 SF Free Standing, Retail Building located at Southwest Highway and 112th. Potential for Owner/User or Investment property with value add potential or keep the current tenant. Current tenant on a MTM lease, but their very profitable, flower business is also available for purchase. Potential to divide retail space into multiple tenants with plenty of parking. High traffic, high visibility location plus additional in-ground street sign w/ power. Front parking lot has 10 spaces plus one handicap spot; side parking lot has 8 spaces plus one handicap spot. 0.7 Miles to the Palos Heights Metra Station; Close access to the Expressway. 23 Mins to Midway International Airport. Area tenants include: Southwest Animal Care Center, Palos Lanes Bowling Center, Walgreens, McDonalds, Taco Bell, Midas Auto, BP Gas Station, VCA Worth Animal Hospital, Palos Golf, Caliber Collision, Virtual Medial Billing and much more. Zoning: B3 - Business and Wholesale District. 2019 Taxes: $25,585.17.

Full Features

Built:
1973
Cooling System:
Central Air
Stories:
1
Zoning:
COMMR
Rentable Square Feet:
6,500
Building Square Feet:
4,000
Current Net Income:
$29,448

Taxes & Assessments

Tax Amount:
$25,585
Tax Year:
2019

Location

Zip Code:
60465
City:
Palos Hills
County:
Cook
Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

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11164 Southwest Highway is a commercial / mixed use which sold for $350,000. This commercial / mixed use has been listed on @properties since July 5th, 2021 and was built in 1973. The nearest transit stops include Palos Heights Metra Metra Southwest Service line.