Listing provided courtesy of Olivieri Real Estate LLCMREDas Distributed by MLSGrid- MLS# 12578394MLS Provider

13011 S 104th AvenuePalos Park, IL 60464

Commercial · 36,622 Sq. ft. | 5.83 Acres
$6,900,000 Active

13011 S 104th Avenue Overview

Time on Site:
119 days
Visits:
0

Discover a PRIME opportunity to own a fully leased, turnkey Medical Office building with long-term, stable tenants-many in place for over a decade! Anchored by Heart Care Centers of Illinois, which occupies the entire first floor (18,311 SF) with a lease through 2035 and options extending through 2045, this property delivers reliable, long-term income from day one. The building totals approximately 36,622 square feet and has been professionally managed and meticulously maintained. Built in 2004, this modern, high-quality facility features a prominent marquee for tenant signage, new front sliding doors, rooftop solar panels, ample surface parking, and exclusive covered parking for tenants-enhancing convenience, accessibility, and overall comfort. Situated on 5.83 acres, the expansive site provides generous parking and effortless access for patients and staff. Additionally, Peace Village Senior Living is located directly north of the property and is home to approximately 285 residents. Many residents and employees are patients or clients of the existing tenants, further enhancing convenience and supporting natural cross-referral opportunities within the building. Location, Location, Location: Less than one mile from LaGrange Road with convenient access to major expressways including I-294, I-55, I-57, and I-355, the property is ideally positioned to serve a broad patient base throughout the southwest suburbs and greater Chicagoland area. This is a RARE opportunity to acquire a high-quality, income-producing medical office building in a prime location-an exceptional addition to any investment portfolio.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

13011 S 104th Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 36,622
  • Price/Sq.ft. $188
  • Lot 5.83 Acres

Details

General

Green Features

  • Green Energy Efficient: Photovoltaic/Solar System

Income/Expenses

  • Gross Income: 913704
  • Gross Scheduled Income: 913704
  • Net Operating Income: 494706
  • Operating Expense: 418997

Building Information

  • Year Built: 2004

Business Information

  • Current Use: Medical/Dental

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Palos Park
  • Township: Palos

Tax Information

  • Tax Annual Amount: $209,956.00
  • Tax Year: 2024

General Information

  • Parcel Number: 23331000150000
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 36622

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers, Separate Meters
  • Leasable Area: 0
  • Stories: 3

Unit Information

  • Unit SqFt.: 36622

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 5.83
  • Lot Size Dimensions: 412x614x412x612
  • Lot Size Square Feet: 253955

Building Exterior/Construction

  • Construction Materials: Brick

13011 S 104th Avenue Neighborhood

Community

60464 (Palos Park) Demographics

54
Median Age
1,172
Population Density (per sq. mile)
50%
College Educated
$109,360
Estimated Median Income
3,510
Estimated Total Home Owners
406
Estimated Total Renters
90% / 10%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

13011 S 104th Avenue Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

13011 S 104th Avenue Market Data

Based on the last 30 days in this zip code

$670,925
Average List Price
$254
Average Price per Square Foot
12
Properties Sold
37
Average Days on Market
24
Properties for Sale
Calculations provided by Reliance Network

13011 S 104th Avenue History

Date Event Value Agent
6/1/2026Source: MRED Status Change
Active
5/27/2026Source: MRED Price Reduction
$6,900,000 -2.8%
5/27/2026Source: MRED Status Change
Price Change
3/7/2026Source: MRED Status Change
Active
3/2/2026Source: MRED Added to Database
March 02, 2026
6/20/2022Source: MRED Added to Database
January 27, 2022