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11264 Southwest Highway, Palos Hills, IL 60465
$425,000
11264 Southwest Highway, Palos Hills, IL 60465View this property at 11264 Southwest Highway, Palos Hills, IL 60465
11264 Southwest HighwayPalos HillsIL60465
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Property Description
A great investment opportunity!! This bldg is approximately 3,651 sf (exterior measured size, interior size is slightly smaller at approx. 3456sf) and sits on a lot that is approximately 10,080sf. There are 15 parking spaces. Currently, the building is demised into 5 offices and 1 warehouse with separate utilities. The office sizes are Unit 1-406sf, Unit 2-406sf, Unit 3+4=896 and Unit 6-448sf. The building also has a 1,300sf warehouse with an overhead door (unit 5). Units 1 & 2 are rented by one tenant, Units 3 & 4 are rented by one tenant, and units 5 & 6 are rented by one tenant. The building has been well maintained and had a new roof installed in Jan. 2021 with a 25 yr warranty. Only the building is for sale, not any of the businesses. All units are rented at this time.
Full Property Details
Full Property Details for 11264 SW Hwy
General
- Sold For: $425,000
- Taxes: $15,667 (2021)
- Status: Closed
- Type: Office
- MLS ID: 11688122
- Added to Site: 530 day(s) ago
Interior
- Interior Features: Overhead Door(s), Private Restroom(s)
Parking
- Parking Features: 13 to 18 Spaces
Location
- Area: Palos Hills
- County: Cook
- Driving Directions: West side of Southwest Hwy, 2 blocks south of 111th and Southwest hwy.
- Location Details: Southwest Suburban, Mixed-Use Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Drive-In Doors: 1
- Stories/Levels: 1
- Square Feet: 3,435
- Year Built: 1974
- Built Before 1978: Yes
Unit Information
- # Tenants: 3
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,080
- Lot Dimensions: 68.9 x 149.9 x 68.8 x 148.7
- Frontage: County Road
- Potential Use: Commercial, Industrial, Office and Research, Retail
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $8,148
- Assessment Year: 1974
- Tax Amount: $15,667
- Tax Year: 2021
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Scavenger, Sewer, Varies by Tenant
Disclosures and Reports
- Property ID: 23241100160000
Listed by @properties Christie's International Real Estate
Sold by REMAX Legends
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Schools
Schools serving 11264 SW Hwy
School Districts:Palos Ccsd 118, Cons High School District 230
Rating | Name | Grades | Distance |
---|---|---|---|
7700 W 127th St, Palos Heights, IL 60463 | K-5 | 1.7 mi | |
13100 S 82nd Ave, Palos Park, IL 60464 | 6-8 | 2.4 mi | |
8015 W 111th St, Palos Hills, IL 60465 | 9-12 | 0.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 11264 SW Hwy
Date
Details
Price
Change
Source
12/21/2023
Sold
$425,000
1.19%
MLS
3/02/2023
Price Reduced
$420,000
-2.33%
MLS
2/03/2023
Price Reduced
$430,000
-2.27%
MLS
1/20/2023
Price Reduced
$440,000
-2.22%
MLS
12/14/2022
Listed
$450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
11264 Southwest Highway, Palos Hills, IL 60465 (MLS# 11688122) is a Office property that was sold at $425,000 on December 21, 2023. Want to learn more about 11264 Southwest Highway? Do you have questions about finding other Office 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.