Listing provided courtesy of @properties Christie's International Real EstateMREDas Distributed by MLSGrid- MLS# 12535534MLS Provider

Palos Heights, IL 60463

Commercial · 1,400 Sq. ft.
$250,000 Active

Overview

Time on Site:
189 days
Visits:
7

Well-established, locally loved pizza business offered for sale in the heart of downtown Palos Heights, featuring prime visibility along high-traffic Harlem Avenue. This successful operation has been serving the community for 14 years and is widely known for its signature thin-crust pizza and loyal repeat clientele. The owner-chef prepares all pizza crusts by hand, a hallmark that has built a strong reputation and consistent following. The sale includes the business, an existing lease with the property owner, and all equipment necessary to continue operations seamlessly. Included in the sale are all kitchen equipment, bar fixtures, tables, and benches, making this a true turnkey opportunity for an owner-operator or investor looking to step into an established concept with proven demand. The inviting dine-in space and excellent street exposure provide strong walk-in traffic and continued growth potential. This is a rare opportunity to acquire a long-standing neighborhood favorite in a highly visible and desirable downtown location. Confidential listing - Do not talk to staff or clientele. Potential buyers must sign a non-disclosure agreement before showings or any information is given. Call listing agent for any additional information.

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Facts & Features

  • Type Commercial
  • Sq. ft. 1,400
  • Price/Sq.ft. $179

Details

General

Income/Expenses

  • Existing Lease Type: Net
  • Operating Expense: 0

Business Information

  • Business Type: Bar/Tavern/Lounge,Food & Beverage,Restaurant

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Palos Heights

Rent/Lease Information

  • Lease Expiration: 2026-12-31

Tax Information

  • Tax Annual Amount: $0.00
  • Tax Year: 2024

General Information

  • Parcel Number: 99999990000000
  • Property Type: Business Opportunity

Interior

Building Interior

  • Building Area Total: 1400

General Information

  • Cooling: Central Air
  • Stories: 1

Unit Information

  • Unit SqFt.: 1400

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 0
  • Lot Size Square Feet: 0

Neighborhood

Community

60463 (Palos Heights) Demographics

52
Median Age
2,644
Population Density (per sq. mile)
50%
College Educated
$90,679
Estimated Median Income
5,025
Estimated Total Home Owners
321
Estimated Total Renters
94% / 6%
Estimated Owner / Renter Divide
3
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.

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.

Market Data

Based on the last 30 days in this zip code

$441,478
Average List Price
$206
Average Price per Square Foot
19
Properties Sold
47
Average Days on Market
53
Properties for Sale
Calculations provided by Reliance Network

History

Date Event Value Agent
6/22/2026Source: MRED Status Change
Active
6/16/2026Source: MRED Price Reduction
$250,000 -10.7%
6/16/2026Source: MRED Status Change
Price Change
5/5/2026Source: MRED Status Change
Active
4/30/2026Source: MRED Price Reduction
$280,000 -6.7%
4/30/2026Source: MRED Status Change
Price Change
2/25/2026Source: MRED Status Change
Active
2/20/2026Source: MRED Price Reduction
$300,000 -14.3%
2/20/2026Source: MRED Status Change
Price Change
12/27/2025Source: MRED Status Change
Active
12/22/2025Source: MRED Added to Database
December 22, 2025