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    7406 W 159Th St Orland Park, IL 60462

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    For Sale
    $885,000

    Two outlots ideal for retail, senior living, medical, restaurants.

    Lot size:
    1.08 Acres

    Property Features for 7406 W 159Th St

    General Information

    Lot size
    1.08 Acres

    Source: Caton Commercial Agent Matthew Maul

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

    Overview

    Retail Outlots in Orland Park

    Two outlot parcels are available, suitable for retail businesses, senior living facilities, medical offices, and restaurants. The two outparcels are improved with offsite detention. Lot C has a net usable size of 1.08 acres, and Lot A has a net usable size of 2.5 acres. The location offers full access to the corner of 159th Street and Harlem Avenue. Situated in a robust retail center with national tenants, the site provides free-standing drive-thru capacity. The property benefits from a high traffic count of 30,000 vehicles per day on 159th Street. Multiple site plan options are available.
    Insight Report Location Intelligence

    Current Use by Public Records

    Essence Greens Stones ... General Practitioner

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -87.7986989
    Latitude
    41.6035569

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    FAQs

    What type of property is this?
    Commercial land - Two outlots ideal for retail, senior living, medical, restaurants.
    Where is this commercial land located?
    The property is located at 7406 W 159Th St Orland Park, IL.
    What is the asking price?
    The asking price for this property is $885,000.
    What are key features of this property?
    This property features: - Prime corner location at 159th & Harlem with full access.; - High traffic count of 30,000 vpd on 159th Street.; - Two outlot parcels available: 1.08 AC (Lot C) and 2.5 AC (Lot A) net usable sizes.
    (708) 289-8912
    Request Owner's contact information
    7406 W 159Th St Orland Park, IL 60462
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    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
    7406 W 159Th St Orland Park, IL 60462
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