Technical
Financial
Distress signals
Property profile

9570 159th St Orland Park, IL 60467

OFF-MARKET
Retail space
Property ID
US28-5239029
1.53 ac lot Built 1997
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 14,923 square foot medical office building in Orland Park, Illinois presents a compelling investment opportunity. Located at the signalized intersection of W 159th St & S La Grange Rd (76,000 VPD), this property boasts a prime location within a thriving retail corridor, surrounded by major national retailers including Costco, Walmart, Target, Lowe's, and Jewel-Osco. The building features two tenants, Physicians Immediate Care and Action Behavior Centers, operating under a triple-net (NNN) lease structure. Physicians Immediate Care, a long-term tenant since 2009, recently signed a 7-year lease extension with four additional 5-year options, demonstrating strong commitment to the location. The NNN lease includes 100% reimbursement of operating expenses with generous CAM caps and management fees. Built in 1998, this 1.53-acre property enjoys 100% occupancy, generating a strong net operating income (NOI) of $404,672 and a 7.50% cap rate. The asking price is $5,395,626, translating to $361.56 per square foot. Situated in a highly affluent area with an average household income exceeding $127,000 within a 3-mile radius, this investment offers significant potential for long-term growth and stability. Specific rent bump details and lease options are available upon request.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1997
Lot 1.53 ac (66,647 SF)
APN 27-15-302-031
UPID US28-5239029

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pediatrician
  • Physician
  • Medical Clinic
  • Medical Clinic
  • Medical Clinic

Location

9570 159th St Orland Park, IL 60467-5698
Orland Park metro Census 824106 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.60M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.60M

Owner & transaction history

since 2024
Last sale
$5.0M
7 recorded transactions
2024
$5.0M
2024
Price N/A
2024
Price N/A
2005
$3.6M
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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