Combined Retail
For Sale
Contact for pricing
11300 Southwest Highway, Orland Park, IL 60467
The interior is partially built out, and the space brings together three former units.
Property Size3,300 SF
Price / SF$0.01
Days on Market16
Property Features for 11300 Southwest Highway
General Information
Standard status
Active
Size
3,300 SF
Property subtype
Commercial
Building Details
Year Built
2000
Listing Agency:
Sperry Van Ness
(312) 676-1866
Listed By:
Derek Gonsch · License #475192105
(708) 267-9988
Source:
Helenoliveri
Added: Oct 14
Changed: Oct 28
Last Checked: Oct 28 at 3:43PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sperry Van Ness
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,300-square-foot retail space at 11300 Southwest Highway in Orland Park consists of three units combined into one. The interior is partially built out. The building dates to 2000.
The property is situated in the Crossing at Brook Hill subdivision, in a residential setting near homes. The space had been planned for a daycare use, though no operating use is specified.
The property is situated in the Crossing at Brook Hill subdivision, in a residential setting near homes. The space had been planned for a daycare use, though no operating use is specified.
Key Highlights
- 3,300‑square‑foot retail space
- Three former units combined into one suite
- Partially built‑out interior
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,805
Suggested Prices Based on Cap Rates
Cap Rate 5%
$916,100
$916.1K
Cap Rate 7%
$654,357
$654.4K
Cap Rate 9%
$508,944
$508.9K
Market Conditions
NOI Build-Up for 3,300 SF
Gross rent
$71.3K $21.60/SF
− Vacancy
−$5.8K −$1.77/SF
EGI
$65.4K $19.83/SF
− OpEx
−$19.6K −$5.95/SF
NOI
$45.8K $13.88/SF
Area
Cook County, IL
Vacancy
8.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$916,100
Cap Rate 7%
$654,357
Cap Rate 9%
$508,944
Alternative Uses
Best Use
Retail
$654.4K
$572.6K – $763.4K
NOI $45,805 @ 7.0% cap · market cap 190,854.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.14M
$996.9K – $1.33M
NOI $79,754 @ 7.0% cap · market cap 332,308.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
172
Businesses Nearby
Explore this area
Business Placement
Demographics for 60467, IL
26,098
Population
10,055
Households
2.6
Avg Household Size
49
Median Age
45%
College-Educated
96%
High-School Grad
14.8 sq mi
ZIP Area
1,763
Density / Sq Mi
$109,329
Median Household Income
$63,685
Median Earnings
$2,202
Median Rent
$392,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - The interior is partially built out, and the space brings together three former units.
Where is this retail space located?
The property is located at 11300 Southwest Highway Orland Park, IL.
What are key features of this property?
This property features: 3,300‑square‑foot retail space; Three former units combined into one suite; Partially built‑out interior
