Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    16011 La Grange Rd Orland Park, IL 60467

    For Lease
    Contact for pricing

    Land available for ground-up retail development in Orland Park, IL.

    Property size:
    562 SF
    Lot size:
    34.39 Acres

    Property Features for 16011 La Grange Rd

    General Information

    Size
    562 SF
    Lot size
    34.39 Acres

    Source: Mid-America Real Estate Group Agent Dick Spinell

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

    Overview

    Orland Park Retail Development Opportunity

    This property presents a ground-up development opportunity in a well-established Chicagoland trade area. The super-regional market encompasses over 5 million square feet of retail space. The site offers freestanding outlot opportunities with multiple access points from both La Grange Road and 159th Street, benefiting from a combined traffic volume of 68,400 vehicles per day. It is adjacent to a high-performing Costco location in Illinois. The property size is 562 square feet and is located in Orland Park, IL.
    Insight Report Location Intelligence

    Current Use by Public Records

    La-Z-Boy Furniture Galleries Furniture Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Orland Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.8519219
    Latitude
    41.5993044

    Nearby Similar for Lease

    • $21 SF/Yr
      56,192 SF

      Orland Park Professional Office Building

      Professional office building in Orland Park with high commuter traffic.
      8651 W 159Th St, Orland Park, IL 60462
      View Details
    • $24 SF/Yr
      650 SF

      Orland Park Office Space Available

      Move-in ready office space in a prime Orland Park location.
      15127 S 73Rd Ave, Orland Park, IL 60462
      View Details
    • New
      $13 SF/Yr
      2,300 SF

      Orland Park Office/Medical Condo

      Prime office/medical condo for rent in Orland Park, Illinois.
      16525 106Th Ct, Orland Park, IL 60467
      View Details
    • $25 SF/Yr

      Orland Park Single Story Office

      Attractive office space with private entry, six private offices.
      9601 165Th St, Orland Park, IL 60462
      View Details
    • $23 SF/Yr

      Orland Park Retail/Medical Space

      Corner unit retail/medical space with existing plumbing and ample parking.
      11225 W 159Th St, Orland Park, IL 60467
      View Details
    • $52 SF/Yr

      Private Office Space Available

      Private office space with shared amenities in Orland Park, IL.
      1600 Ravinia Pl, Orland Park, IL 60462
      View Details

    FAQs

    What type of property is this?
    Retail space - Land available for ground-up retail development in Orland Park, IL.
    Where is this retail space located?
    The property is located at 16011 La Grange Rd Orland Park, IL.
    What are key features of this property?
    This property features: - Adjacent to the 4th highest performing Costco in Illinois; - Super regional market consisting of 5M+ square feet of retail; - Multiple access points from both La Grange & 159th Street (68,400 total VPD)
    (630) 954-7300
    Request Owner's contact information
    16011 La Grange Rd Orland Park, IL 60467
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    16011 La Grange Rd
    Orland Park, IL 60467
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    16011 La Grange Rd Orland Park, IL 60467
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.