15252 S Harlem Avenue, Orland Park, IL 60462
COMMERCIAL - Orland Park, IL
- Added:
- May 8, 2026
- Days on Market:
- 50
- Last Refresh:
- Jun 26 at 5:06 pm
Property Features for 15252 S Harlem Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- OFFIC
- Standard status
- Active
- APN
- 27132060050000
- Size
- 3,146 SF
- Lot size
- 0.44 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 23713
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1988
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Carpet, Tile
- Building materials
- Brick
- Roof type
- Composition
Listing agent Steven Loerop License #475128554 (708) 478-1212
Listing office Village Realty, Inc. 20950 S. Frankfort Sq Rd # C, Frankfort, IL (708) 478-1212
Listing date May 8, 2026
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- High visibility location on Harlem Ave near businesses, shopping, and dining.
- Spacious 3146 sq ft commercial property with a full basement offering potential to double workspace.
- Ample parking with approximately 25 spaces, including handicap spaces.
- Solid brick construction with excellent curb appeal.
- Features 6 private offices with window views, a large conference room, and an eat‑in kitchen.
- Includes 2 handicap‑accessible bathrooms.
Overview
Local 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 | $77.0k | $24.48 |
| − Vacancy | −$19.2k | −$6.10 |
| EGI | $57.8k | $18.38 |
| − OpEx | −$14.5k | −$4.60 |
| NOI | $43.4k | $13.79 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Orland Park
- County
- Cook
- State
- Illinois
- Longitude
- -87.795238
- Latitude
- 41.6138107