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    15864-15892 S La Grange Rd Orland Park, IL 60462

    For Lease
    Contact for pricing

    Retail space in a high-traffic, super-regional power center.

    Property size:
    2,625 SF
    Lot size:
    36.67 Acres

    Property Features for 15864-15892 S La Grange Rd

    General Information

    Size
    2,625 SF
    Lot size
    36.67 Acres

    Source: CBRE | Chicago Agent Alex Corno

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

    Overview

    Orland Park Retail Space Available

    This retail space is located in a super-regional power center with nine anchor tenants. The location benefits from high traffic, with 77,500 vehicles per day. The property is adjacent to Costco and Target, and experiences 2.3 million annual visits. Access is convenient from LaGrange Road and 159th Street, with traffic lights at both access points. The surrounding area has excellent demographics, with a median income of $92,000 and a population of 168,000 within a 5-mile radius. The available space measures 2,625 square feet and is located in Orland Park, Illinois.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Orland Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.8540742
    Latitude
    41.6026967

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    FAQs

    What type of property is this?
    Strip mall - Retail space in a high-traffic, super-regional power center.
    Where is this strip mall located?
    The property is located at 15864-15892 S La Grange Rd Orland Park, IL.
    What are key features of this property?
    This property features: - Super regional power center with 9 anchor tenants.; - High traffic location with **77,500 VPD** and **2.3 million annual visits**.; - Adjacent to Costco and Target.
    (312) 935-1400
    Request Owner's contact information
    15864-15892 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
    15864-15892 S La Grange Rd Orland Park, IL 60462
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