Class A Office
13500-13560 Circle Dr Orland Park, IL 60462
For Sale
Contact for pricing
Class A office space with high-visibility frontage, paver parking, and outdoor patio plus basement storage.
Property Size11,600 SF
Lot Size1.01 Acres
Price / SF$189.66
Days on Market104
Property Features for 13500-13560 Circle Dr
General Information
Standard status
Active
Size
11,600 SF
Lot size
1.01 Acres
Property subtype
OFFICE
Listing Agency:
Cawley Chicago
(630) 886-3069
Listed By:
Rawly Lantz, SIOR
(630) 886-3069
Source:
Moodyscre
Added: Apr 17
Changed: Jul 26
Last Checked: Jul 28 at 3:28PM
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 Cawley Chicago
Investment Insights
Based on property information with market context.
This Class A office building offers move-in ready space, professionally built and maintained by McNaughton Development. The property includes an outdoor patio area and basement storage spaces to support day-to-day operations.
The building is positioned with high-visibility frontage on LaGrange Road and is located near numerous amenities. Parking is provided via a paver parking lot with 46 free-surface spaces.
The site encompasses approximately 1.01 acres and is suited for tenants seeking a polished, ready-to-occupy office environment with on-site parking and supplemental storage.
The building is positioned with high-visibility frontage on LaGrange Road and is located near numerous amenities. Parking is provided via a paver parking lot with 46 free-surface spaces.
The site encompasses approximately 1.01 acres and is suited for tenants seeking a polished, ready-to-occupy office environment with on-site parking and supplemental storage.
Key Highlights
- Class A office space with high‑visibility frontage on LaGrange Road
- ±1.01 acres with a paver parking lot and 46 free‑surface parking spaces
- Move‑in ready office space professionally built and maintained by McNaughton Development
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $284.0k | $24.48 |
| − Vacancy | −$70.7k | −$6.10 |
| EGI | $213.3k | $18.38 |
| − OpEx | −$53.3k | −$4.60 |
| NOI | $159.9k | $13.79 |
11,600 SF · lease $24.48/SF/yr · vacancy 24.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.28M
$2.00M – $2.67M
NOI $159,945 @ 7.0% cap · market cap 7.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.00M
$3.50M – $4.67M
NOI $280,347 @ 7.0% cap · market cap 12.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Class A office space with high-visibility frontage, paver parking, and outdoor patio plus basement storage.
Where is this office building located?
The property is located at 13500-13560 Circle Dr Orland Park, IL.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Class A office space with high‑visibility frontage on LaGrange Road; ±1.01 acres with a paver parking lot and 46 free‑surface parking spaces; Move‑in ready office space professionally built and maintained by McNaughton Development
