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$15 Just Listed
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Property Description
SVN Chicago proudly presents this exceptional leasing opportunity in business-friendly Palos Hills, IL. Formerly a Greek restaurant, this large and modular building is ready for it's next operator! The property is currently gutted, as a tenant recently went under lease but quickly defaulted. The exterior of the property is still in very good shape. Plumbing, gas, and electrical hookups are all still in place. This restaurant boasts; 2 bars, 2 walk-in coolers, 1 walk-in freezer, a 13' hood, a 8' hood, 2 bathrooms, and an updated boiler. Outside, the property has 90 parking spaces, an outdoor patio in the front, a tower sign, and a trailer containing a large number of tables and chairs for potential reuse. This asset can be configured for a number of different restaurant operations, and is easily accessible and visible from the main road.
Full Property Details
Full Property Details for 11011 SW Hwy
General
- Price: $15
- Taxes: $45,767 (2025)
- Status: Active
- Type: Commercial Lease
- Source: MRED
- MLS ID: 12624995
- Updated: Today (4/21/2026)
- Added to Site: Today
Additional Information
- Security/Safety: Alarm Monitored
Location
- Area: Palos Hills
- County: Cook
- Driving Directions: Just north of the 111th/Southwest Highway intersection, the property is on the east side of the street.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat
Structural Information
- Stories/Levels: 2
- Year Built: 1972
Financial Considerations
- Lease Price: $15
- For Sale/Rent/Lease: For Rent Only
- Security Deposit: Alarm Monitored
- Assessment Year: 1972
- Tax Amount: $45,767
- Tax Year: 2025
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Taxes, Sewer, Recapture Fee, All Utilities
Listed by Sperry Van Ness
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Schools
Schools serving 11011 SW Hwy
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 | 2 mi |
Palos South Middle School 13100 South 82nd Avenue, Palos Park, IL 60464 | 6-8 | 2.9 mi |
Amos Alonzo Stagg High School 8015 West 111th Street, Palos Hills, IL 60465 | 9-12 | 0.6 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 11011 SW Hwy
Date
Details
Price
Change
Source
4/21/2026
Listed
$15
—
MLS
Disclaimer: Historical sales 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 11011 SW Hwy
11011 Southwest Highway, Palos Hills, IL 60465 (MLS# 12624995) is a Commercial Lease property. 11011 Southwest Highway is currently listed for $15 and was received on April 21, 2026. Want to learn more about 11011 Southwest Highway? Do you have questions about finding other Commercial Lease real estate for sale in Palos Hills? You can browse all Palos Hills real estate or contact a Coldwell Banker agent to request more information.

