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    147th St & Ravinia Ave Orland Park, IL 60462

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    For Sale
    Contact for pricing

    Two-acre land parcel in Orland Park, Illinois.

    Property size:
    2 SF
    Lot size:
    2.33 Acres

    Property Features for 147th St & Ravinia Ave

    General Information

    Size
    2 SF
    Lot size
    2.33 Acres
    Source: Lee-associates

    Listing Agent: Carole Caveney

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

    Overview

    Orland Park Land Opportunity

    This property features a 2-acre land parcel located at the northeast corner of 147th Street and Ravinia Avenue in Orland Park, Illinois.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Orland Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.8577
    Latitude
    41.6163

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    FAQs

    What type of property is this?
    Land - Two-acre land parcel in Orland Park, Illinois.
    Where is this land located?
    The property is located at 147th St & Ravinia Ave Orland Park, IL.
    What are key features of this property?
    This property features: - Two-acre land parcel; - Located in Orland Park, Illinois
    (708) 903-4660
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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
    147th St & Ravinia Ave Orland Park, IL 60462
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