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14479 John Humphrey Dr Orland Park, IL 60462

For Sale
$4,000,000

Office building in Chicago MSA, fully guaranteed by U.S. Government.

Property size:
18,466 SF
Lot size:
1.85 Acres

Property Features for 14479 John Humphrey Dr

General Information

Size
18,466 SF
Lot size
1.85 Acres

Source: The Boulder Group - Corporate Agent Randy Blankstein

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


Overview

Orland Park Office Investment Opportunity

This office building is positioned within the Chicago MSA and has an established operating history at this location since 2014. The property is fully guaranteed by the U.S. Federal Government, with an investment-grade rating of AA+ from Standard & Poor’s. A recent lease extension is in place through March 2029, indicating a commitment to the location. Historically, the GSA has renewed almost 95% of build-to-suit properties, suggesting a high renewal probability. This location serves as a mission-critical facility, being one of five Taxpayer Assistance Centers in Illinois providing in-person document review. A significant portion of the space is dedicated to the Criminal Investigation Division (CID) of the IRS. The submarket has a low vacancy rate of 3.8%, according to CoStar. The property is located just off South LaGrange Road (43,300 VPD) and West 143rd Street (20,300 VPD), with proximity to Orland Square, a 1.2 million square foot shopping center featuring over 100 stores. Nearby notable tenants include UChicago Medicine, Northwestern Medicine Palos Hospital (291-bed), and Silver Lake Country Club. The surrounding area features affluent demographics, with a six-figure average household income within a five-mile radius ($132,530). Over 161,000 people reside within a five-mile radius. The property size is 18,466 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Internal Revenue Service ... Tax Department Edwards' & Phillip's Development Real Estate Developer

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

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

Location Insight

  • Map
  • Local Demand
City
Orland Park
County
Cook
State
Illinois
Longitude
-87.8499368
Latitude
41.6267374

FAQs

What type of property is this?
Office building - Office building in Chicago MSA, fully guaranteed by U.S. Government.
Where is this office building located?
The property is located at 14479 John Humphrey Dr Orland Park, IL.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: - Fully guaranteed by the U.S. Federal Government - Investment grade rated - Standard & Poor’s AA+; - Recent lease extension through March 2029; - High renewal probability – Historically, the GSA has renewed almost 95% of build-to-suit properties
More about this property
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