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Renovated Office Condominium
New
For Sale
$344,900

11520 183rd Pl NE, Orland Park, IL 60467

Leased professional suite with private offices, reception, kitchen, and open workspace.

Property Size8,000 SF
Price / SF$43.11
Days on Market2

Property Features for 11520 183rd Pl NE

General Information

Standard status Active
Size 8,000 SF
Occupancy 100%

Additional Details

Office Units 1

Amenities

updated landscaping

Building Details

Year Built 2006
Tenancy Single
Owner Occupied No
Listing Agency: Redfin Corporation
Listed By: Joan Stube · License #471020549
Source: Liveliferealty
Added: Sep 14 Last Checked: Sep 14 at 2:21PM

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 Redfin Corporation

Investment Insights

Based on property information with market context.

This fully renovated office condominium contains 2,000 SF arranged with three private offices, a reception area, kitchen and break space, and an open work area. Improvements include fresh interior paint, new flooring, and updated bathroom fixtures. The office was built in 2006 and includes a new roof installed in 2021.

The property is located at 11520 183rd Pl NE in Orland Park, within the Orland Park Business Center. The suite is leased through December 2026 and is situated in a professional office complex with updated landscaping and ample parking. Its combination of defined offices and flexible open space supports a range of professional office configurations.

Key Highlights

  • 2,000 SF office condominium
  • Three private offices plus reception, kitchen, break area, and open workspace
  • Lease in place through December 2026

Property Analytics

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Open Analytics

Current Use

Brian Kobel American ... Insurance Agency Dr. Napatia Tronshaw-Gettings Physician

Suggested Use

Top Pick Restaurant Big Box & Wholesale Store Building Supply Auto Parts Store Law Firm Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

604
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Leased professional suite with private offices, reception, kitchen, and open workspace.
Where is this office units located?
The property is located at 11520 183rd Pl NE Orland Park, IL.
What is the asking price?
The asking price for this property is $344,900.
What are key features of this property?
This property features: 2,000 SF office condominium; Three private offices plus reception, kitchen, break area, and open workspace; Lease in place through December 2026
More about this property
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