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Orland Park Retail Development Opportunity
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16011 LaGrange Rd, Orland Park, IL

Land available for ground-up retail development in Orland Park, IL.

Property Size562 SF
Lot Size34.39 Acres
Days on Market283

Property Features for 16011 LaGrange Rd

General Information

Standard status Active
Size 562 SF
Lot size 34.39 Acres
Property subtype RETAIL
Listing Agency: Mid-America Real Estate Group | Oakbrook Terrace
Listed By: Dick Spinell
Source: Moodyscre
Added: Oct 21, 2025 Changed: Jul 6 Last Checked: Jul 21 at 5:31AM

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 Mid-America Real Estate Group | Oakbrook Terrace

Investment Insights

Based on property information with market context.

This property presents a ground-up development opportunity in a well-established Chicagoland trade area. The super-regional market encompasses over 5 million square feet of retail space. The site offers freestanding outlot opportunities with multiple access points from both La Grange Road and 159th Street, benefiting from a combined traffic volume of 68,400 vehicles per day. It is adjacent to a high-performing Costco location in Illinois. The property size is 562 square feet and is located in Orland Park, IL.

Key Highlights

  • Adjacent to the 4th highest performing Costco in Illinois
  • Super regional market consisting of 5M+ square feet of retail
  • Multiple access points from both La Grange & 159th Street (68,400 total VPD)

Property Analytics

Current Use

La-Z-Boy Furniture Galleries Furniture & Home Goods

Suggested Use

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

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

543
Businesses Nearby
66k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 58% Shops & Services 40% Home Improvements & Furnishings 1% Electronics 1%
Shell Shops & Services
17,735 visits/mo 0.2 miles
Wendy's Dining
11,994 visits/mo 0.4 miles
Lou Malnati's Pizzeria Dining
11,002 visits/mo 0.1 miles
Starbucks Dining
10,977 visits/mo 0.1 miles
Circle K Shops & Services
5,796 visits/mo 0.2 miles

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Land available for ground-up retail development in Orland Park, IL.
Where is this retail space located?
The property is located at 16011 LaGrange Rd Orland Park, IL.
What are key features of this property?
This property features: Adjacent to the 4th highest performing Costco in Illinois; Super regional market consisting of 5M+ square feet of retail; Multiple access points from both La Grange & 159th Street (68,400 total VPD)
(630) 954-7364 Call to check price and availability
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