Listing Agency: Lee & Associates | Chicago c***@lee-associates.com Show Phone

Listed By: Caroline Dell Show Phone

Source: Moodyscre

Added: May 14, 2024 Changed: Jul 10 Last Checked: Jul 21 at 6:50AM

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Investment Insights

Based on property information with market context.

This 22,200 square foot warehouse is located in Orland Park, Illinois, and offers convenient access to I-80 via the LaGrange Road interchange. The property benefits from low Will County taxes. Nearby amenities include dining and shopping options. The 179th Street Metra station is located 1.8 miles from the property.

Key Highlights

• Low Will County Taxes
• Easily Accessible to I‑80 via Lagrange Road Interchange
• 1.8 Miles to 179th Street Metra Station

Property Analytics

Property Profile

Current Use

Warehouses

Suggested Use

Top Pick Restaurant Big Box & Wholesale Store Building Supply Auto Parts Store Hair Salon Dental Office

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

NNN (Triple Net)

Lease Type

$1.84 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

576

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this warehouses located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Warehouse - Industrial warehouse space for lease, convenient location, low taxes.

Where is this warehouse located?

The property is located at 18390 116th Ave Orland Park, IL.

What is the lease rate?

The lease rate is $12.25 SF/Yr.

What are key features of this property?

This property features: Low Will County Taxes; Easily Accessible to I‑80 via Lagrange Road Interchange; 1.8 Miles to 179th Street Metra Station