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Orland Park Retail Development Opportunity
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16057 S LaGrange Rd, Orland Park, IL

Retail space available in a super regional market.

Space Size8,250 SF
Lot Size34.39 Acres
Days on Market1012

Property Features for 16057 S LaGrange Rd

General Information

Standard status Active
Size 8,250 SF
Lot size 34.39 Acres
Property subtype RETAIL

Spaces For Lease

at 16057 S LaGrange Rd Contact us

SWC 159th St & La Grange Rd

Floor
Bldg
Size
8,250 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Ground up development in one of chicagoland’s premier trade areas - Super regional...
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Listing Agency: Mid-America Real Estate Group | Oakbrook Terrace
Listed By: Paige Schiesser
Source: Moodyscre
Added: Dec 7, 2023 Changed: Sep 4 Last Checked: Sep 13 at 10:54AM

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 ground-up development is located in a premier trade area within the Chicagoland region. The super regional market encompasses over 5 million square feet of retail space. Freestanding outlot opportunities are available. The property offers multiple access points from both La Grange Road and 159th Street. The property size is 8,250 square feet and is intended for retail use.

Key Highlights

  • Ground‑up development opportunity in a premier Chicagoland trade area.
  • Located in a super‑regional market with over 5 million square feet of retail space.
  • Freestanding outlot opportunities available.

Property Analytics

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Current Use

Anna Cota & Company Hair Salon Exquisite Hair Design Hair Salon Peace of Mine Hair Salon Skin+ By Krushenka ... Spa & Massage Center Skinpluss.com Spa & Massage Center

Suggested Use

Top Pick Law Firm Daycare Center Parking Lot & Garage Accounting Firm Garden Center Grocery & Convenience 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

905
Businesses Nearby
374k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 41% Shops & Services 24% Electronics 14% Dining 12%
Walmart Superstores
152,262 visits/mo 0.4 miles
Best Buy Electronics
42,123 visits/mo 0.5 miles
Five Below Shops & Services
33,054 visits/mo 0.3 miles
Aldi Groceries
24,049 visits/mo 0.3 miles
Shell Shops & Services
21,913 visits/mo 0.4 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Orland Park, IL

$21 /SF/Yr
Avg Asking Price
$14–$32.5 /SF/Yr
Price Range
7,171 SF
Avg Space Size

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 - Retail space available in a super regional market.
Where is this retail space located?
The property is located at 16057 S LaGrange Rd Orland Park, IL.
What are key features of this property?
This property features: Ground‑up development opportunity in a premier Chicagoland trade area.; Located in a super‑regional market with over 5 million square feet of retail space.; Freestanding outlot opportunities available.
(630) 954-7221 Call to check price and availability
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