Neighborhood Retail Plaza Anchored by Family
For Sale
Contact for pricing
Pending
94-120 S Orchard Drive, Park Forest, IL 60466
Retail plaza opportunity with Family Dollar anchor and 55,000 SF big-box space available for immediate lease.
Property SizeContact for details
Days on Market147
Property Features for 94-120 S Orchard Drive
General Information
Standard status
Pending
Property subtype
Retail
Occupancy
25%
Building Details
Tenancy
Multi
Listing Agency:
CBRE - Chicago
Listed By:
Dominic Soltero · License #IL 475.153308
(913) 909-9529
Source:
Crexi
Added: Apr 12
Changed: Sep 2
Last Checked: Sep 4 at 11:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Chicago
Investment Insights
Based on property information with market context.
Orchard Park Plaza offers fee simple acquisition with a current occupancy of 24.8% leased, presenting a value-add opportunity through lease-up and stabilization. The center is anchored by Family Dollar and includes a daily-needs tenant mix that features an auto-related tenant, currency exchange, and a nail salon.
The property is located at 94-120 S Orchard Drive in Park Forest, Illinois, approximately 25 miles south of downtown Chicago, with access via multiple means of transportation.
A large-format, big-box component of 55,000 SF is available immediately for lease. The property’s average rents are $8.00 per SF versus $12.00 per SF for market averages, supporting additional lease-up-oriented value. The available space is positioned to accommodate uses such as a grocer, clothing company, or a commercial warehouse use, per the property’s described fit.
The property is located at 94-120 S Orchard Drive in Park Forest, Illinois, approximately 25 miles south of downtown Chicago, with access via multiple means of transportation.
A large-format, big-box component of 55,000 SF is available immediately for lease. The property’s average rents are $8.00 per SF versus $12.00 per SF for market averages, supporting additional lease-up-oriented value. The available space is positioned to accommodate uses such as a grocer, clothing company, or a commercial warehouse use, per the property’s described fit.
Key Highlights
- Orchard Park Plaza at 94‑120 S Orchard in Park Forest, IL
- 24.8% current occupancy leased
- Family Dollar anchor tenant
Property Analytics
Current Use
Lease Details
24.8%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
272
Businesses Nearby
11k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Citgo
Shops & Services
8,801 visits/mo
0.4 miles
U-Haul
Shops & Services
1,788 visits/mo
0.4 miles
Caliber Collision
Shops & Services
480 visits/mo
0.3 miles
Demographics for 60466, IL
21,904
Population
9,103
Households
2.4
Avg Household Size
39
Median Age
26%
College-Educated
91%
High-School Grad
6.3 sq mi
ZIP Area
3,477
Density / Sq Mi
$63,132
Median Household Income
$40,792
Median Earnings
$1,341
Median Rent
$106,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Shopping center - Retail plaza opportunity with Family Dollar anchor and 55,000 SF big-box space available for immediate lease.
Where is this shopping center located?
The property is located at 94-120 S Orchard Drive Park Forest, IL.
What are key features of this property?
This property features: Orchard Park Plaza at 94‑120 S Orchard in Park Forest, IL; 24.8% current occupancy leased; Family Dollar anchor tenant
