Chicago · Commercial sale
One-story commercial building at 12659 S Ridgeland Ave in Palos Heights sells for $4 million
An one-story commercial building at 12659 S Ridgeland Ave, Palos Heights sold for $4,000,000 on July 31, 2026. See the seller and buyer net sheets for.
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- Sale price
- $4,000,000
- Sold
- July 31, 2026
- Property type
- One-story commercial building
- Lot size
- 68,807 sq ft
The one-story commercial building at 12659 S Ridgeland Ave in Palos Heights sold for $4,000,000 on July 31, 2026, according to the Cook County Assessor's sales records. The Assessor's records show its last sale was $3,400,000 in 2025, making the latest price 18% higher.
The Assessor's records list the lot at 1.58 acres and its market value at $2,036,000. The sale price was 96% above that value.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in Cook County?
By our estimate, the seller's two largest charges, not counting prorations, were $9,475 for the owner's title insurance policy and $4,000 for the state real estate transfer tax. Who pays what follows Cook County custom.
How much did the seller net?
By our estimate, the seller netted about $3,892,041. That is before any broker commissions and any loan payoff.
How much cash did the buyer bring to closing?
A cash buyer would need about $3,910,373 at closing. That covers the full price and closing costs.
Source: Cook County Assessor, parcel sales (Cook County Open Data), document 2621828254. Property details: Cook County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
