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$442,900 Just Listed
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Property Description
An exceptional opportunity to purchase or lease high-quality, turnkey office space ideal for a wide range of professional uses. This well-maintained building offers approximately 2,500 square feet and is thoughtfully designed for both functionality and flexibility. The first floor features a welcoming reception area, four private offices, and a convenient kitchenette-perfectly suited for client-facing operations. The second level offers a spacious open work area, two additional offices, a kitchenette, and a full bathroom, accommodating extended work hours or executive use. The layout allows for versatility, as each level is separated by a common area, making it easily divisible into two independent units. This creates an ideal scenario for an owner-user seeking to occupy one level while generating supplemental income by leasing the other. Flexible leasing options are available, including the ability to lease only the first floor if desired. Positioned in the heart of Downtown Palos Heights, this property benefits from excellent visibility along Harlem Avenue, with a daily traffic count of approximately 28,000 vehicles. The location offers close proximity to a variety of dining, shopping, and local amenities. Additional highlights include ample parking and strong co-tenancy with two established professional service businesses within the building.
Full Property Details
Full Property Details for 12508 S Harlem Ave
General
- Price: $442,900
- Taxes: $11,395 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12637384
- Updated: 5/5/2026
- Added to Site: 3 day(s) ago
Additional Information
- Security/Safety: Alarm Monitored
Location
- Area: Palos Heights
- County: Cook
- Driving Directions: 127th To S Harlem Ave Go North and Office is on West side of the street.
- Location Details: South Suburban
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Stories/Levels: 2
- Square Feet: 2,500
- Current Bldg. Use: Medical/Dental
- Year Built: 2000
Lot Features
- Lot Size (Sq. Ft.): 1,194
- Lot Dimensions: 32 x 35
- Zoning: OFFIC
Financial Considerations
- Lease Price: $29
- For Sale/Rent/Lease: For Sale or Rent
- Security Deposit: Alarm Monitored
- Assessment Year: 2000
- Tax Amount: $11,395
- Tax Year: 2023
- Tenant Pays: Common Area Maintenance, Electricity, Heat, Sewer
Disclosures and Reports
- Property ID: 23254250170000
Listed by @properties Christie's International Real Estate
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Schools
Schools serving 12508 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 | 0.6 mi |
Palos South Middle School 13100 South 82nd Avenue, Palos Park, IL 60464 | 6-8 | 1.5 mi |
Amos Alonzo Stagg High School 8015 West 111th Street, Palos Hills, IL 60465 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12508 S Harlem Ave
Date
Details
Price
Change
Source
5/04/2026
Listed
$442,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 12508 S Harlem Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$9,911
-22%
$36,259
-5%
2022
$12,736
12%
$38,367
5%
2021
$11,422
3%
$36,687
—
2020
$11,053
17%
$36,687
13%
2019
$9,438
3%
$32,392
—
2018
$9,125
5%
$32,392
—
2017
$8,690
2%
$32,392
10%
2016
$8,523
2%
$29,546
—
2015
$8,367
2%
$29,546
—
2014
$8,190
-3%
$29,546
-10%
2013
$8,466
3%
$32,762
—
2012
$8,259
—
$32,762
—
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 12508 S Harlem Ave
12508 S Harlem Avenue, Palos Heights, IL 60463 (MLS# 12637384) is a Commercial property. 12508 S Harlem Avenue is currently listed for $442,900 and was received on May 04, 2026. Want to learn more about 12508 S Harlem Avenue? Do you have questions about finding other Commercial 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.

