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Orland Park Power Center Space
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15854 South La Grange Road, Orland Park, IL 60462

Retail space in a high-traffic, nine-anchor tenant power center.

Space SizeContact for details
Days on Market151

Property Features for 15854 South La Grange Road

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE | Chicago
Listed By: Sean McCourt
Source: Cbre
Added: Mar 25 Changed: Aug 10 Last Checked: Aug 21 at 6:08AM

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.

This commercial real estate offers space in a power center featuring nine anchor tenants and a total area of 360,000 square feet. The super-regional location benefits from over 5 million square feet of retail space in the surrounding area and is adjacent to Costco and Target. The property experiences high traffic, with 2.3 million annual visits and a traffic count of 77,500 vehicles per day. It provides easy access from LaGrange Road and 159th Street, with traffic lights on both streets. The surrounding area has favorable demographics, including a median income of $92,000 and a population of 168,000 within a 5-mile radius. The property size is 63,671 square feet.

Key Highlights

  • Power center with 9 anchor tenants and 360,000 square feet
  • Super regional location with over 5M SF of retail in the area
  • High traffic: 2.3 million annual visits and 77,500 VPD traffic count

Property Analytics

Current Use

Lake View Plaza Shopping Center & Mall Best Buy Electronics & Wireless Store KeyExpress Locksmiths Locksmith Geek Squad Tech Support Center

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Garden Center Grocery & Convenience Store Catering Service Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

720
Businesses Nearby
452k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Superstores 39% Dining 26% Shops & Services 19% Electronics 11%
Costco Wholesale Superstores
177,884 visits/mo 0.2 miles
Chick-fil-A Dining
66,342 visits/mo 0.4 miles
Best Buy Electronics
42,123 visits/mo 0.0 miles
Costco Gasoline Shops & Services
35,756 visits/mo 0.3 miles
Dollar Tree Shops & Services
23,279 visits/mo 0.1 miles

Demographics for 60462, IL

40,539
Population
17,335
Households
2.3
Avg Household Size
45
Median Age
45%
College-Educated
94%
High-School Grad
16.0 sq mi
ZIP Area
2,534
Density / Sq Mi
$96,747
Median Household Income
$52,902
Median Earnings
$1,393
Median Rent
$330,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Orland Towne Center Orland Towne Center, W 159th St, Orland Park, IL 60462
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail space in a high-traffic, nine-anchor tenant power center.
Where is this shopping center located?
The property is located at 15854 South La Grange Road Orland Park, IL.
What are key features of this property?
This property features: Power center with 9 anchor tenants and 360,000 square feet; Super regional location with over 5M SF of retail in the area; High traffic: 2.3 million annual visits and 77,500 VPD traffic count
More about this property
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