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    15131 S La Grange Rd Orland Park, IL 60462

    For Sale
    $4,996,920

    Fully occupied retail outparcel with strong tenant mix and visibility.

    Property size:
    10,000 SF
    Lot size:
    49.77 Acres

    Property Features for 15131 S La Grange Rd

    General Information

    Size
    10,000 SF
    Lot size
    49.77 Acres

    Source: Northmarq | Chicago (East Wacker Dr) Agent Isaiah Harf

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Occupied Retail Outparcel For Sale

    This 10,000 square foot retail property is a 100% occupied three-tenant outparcel featuring an outstanding tenant mix. The property benefits from excellent visibility and multiple access points. It is an outparcel to a market-dominant power center and is located within a dense, affluent demographic base. The property offers easy-to-lease boxes with future rental upside.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Vitamin Shoppe Vitamin & Supplements Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Orland Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.8526578
    Latitude
    41.6149298

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    FAQs

    What type of property is this?
    Retail space - Fully occupied retail outparcel with strong tenant mix and visibility.
    Where is this retail space located?
    The property is located at 15131 S La Grange Rd Orland Park, IL.
    What is the asking price?
    The asking price for this property is $4,996,920.
    What are key features of this property?
    This property features: - 100% Occupied Three-Tenant Retail Outparcel; - Outparcel to Market-Dominant Power Center; - Dense, Affluent Demographic Base
    (312) 240-0127
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    15131 S La Grange Rd Orland Park, IL 60462
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15131 S La Grange Rd Orland Park, IL 60462
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