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$74,950 -$74,950 (-50%) Price Reduced
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Full Property Details
Full Property Details for 12240 S Harlem Ave
General
- Price: $74,950
- Taxes: (2025)
- Status: Active
- Type: Business
- Source: MRED
- MLS ID: 12640430
Business
- Business Type: Food & Beverage
- Years in Business: 1 to 3 Yea
Location
- Area: Palos Heights
- County: Cook
- Driving Directions: Harlem Ave north of 123rd St to 12240 S Harlem, east side of street.
- Location Details: Shopping Center
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Stories/Levels: 1
Lot Features
- Zoning: COMMR
Financial Considerations
- Lease Price: $22
- For Sale/Rent/Lease: For Rent Only
- Operating Expenses: $78,228
- Tax Year: 2025
- Tenant Pays: All Utilities
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Schools
Schools serving 12240 S Harlem Ave
School Districts:Palos Community Consolidated School District 118, Consolidated High School District 230
| Name | Grades | Distance |
|---|---|---|
Palos East Elementary School 7700 West 127th Street, Palos Heights, IL 60463 | K-5 | 0.7 mi |
Palos South Middle School 13100 South 82nd Avenue, Palos Park, IL 60464 | 6-8 | 1.7 mi |
Amos Alonzo Stagg High School 8015 West 111th Street, Palos Hills, IL 60465 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 12240 S Harlem Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$26,943
-3%
$98,571
17%
2022
$27,849
12%
$83,894
5%
2021
$24,800
-2%
$79,654
-5%
2020
$25,277
-8%
$83,894
-11%
2019
$27,440
—
$94,178
-3%
2018
$27,354
44%
$97,099
37%
2017
$18,987
8%
$70,775
16%
2016
$17,589
4%
$60,973
2%
2015
$16,926
6%
$59,771
4%
2014
$15,987
-1%
$57,677
-7%
2013
$16,107
—
$62,332
-3%
2012
$16,127
—
$63,973
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 12240 S Harlem Ave
12240 S Harlem Avenue, Palos Heights, IL 60463 (MLS# 12640430) is a Business property. 12240 S Harlem Avenue is currently listed for $74,950 and was received on May 08, 2026. Want to learn more about 12240 S Harlem Avenue? Do you have questions about finding other Business real estate for sale in Palos Heights? You can browse all Palos Heights real estate or contact a Coldwell Banker agent to request more information.

