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    15715 Wolf Rd Orland Park, IL 60467

    Sponsored
    For Sale
    Contact for pricing

    Prime Orland Park land, multiple buildings, high rental potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.5-11 acre property in Orland Park, Illinois (60467), presents a remarkable investment or redevelopment opportunity. Strategically located at 15715 Wolf Rd, bordering BMW of Orland Park and near the bustling intersection of 159th and Wolf Road, this site offers unparalleled access to amenities. City sewer and water are readily available. The property boasts a diverse mix of existing structures, including multiple commercial office buildings, two residential homes, a residential apartment, a substantial 100x200 pole building, and over ten additional outbuildings. Current zoning is mixed commercial, residential, and agricultural, with multiple PIN numbers. The village is receptive to both residential and commercial development on the entire parcel, or the possibility exists to subdivide into smaller 2.5-acre parcels. This location is highly desirable, within walking distance of grocery stores, shopping, dining, schools, and interstate access. The property's existing buildings generate rental income, making it an attractive investment with immediate cash flow. This is an unparalleled chance to acquire a large, versatile property in a thriving Orland Park location. Serious inquiries only. Do not enter the property without a scheduled showing.

    Property Features for 15715 Wolf Rd

    General Information

    Property type
    Multifamily properties

    HighLights

    • Exceptional 2.5‑11 acre Orland Park, IL investment/redevelopment opportunity at 15715 Wolf Rd.
    • Prime location bordering BMW of Orland Park, near 159th & Wolf Road, with city sewer & water.
    • Diverse mix of existing structures: multiple commercial buildings, two residential homes, apartment, large pole building, & additional outbuildings.
    • Mixed commercial/residential/agricultural zoning; potential for subdivision into smaller parcels.
    • Generating rental income from existing buildings.
    Property Profile Location Intelligence

    Current Use by Public Records

    Morandi Properties, Inc. Real Estate Agency Orland Park Small ... Veterinarian

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Orland Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.8896449
    Latitude
    41.6040213

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    FAQs

    What type of property is this?
    Multifamily property - Prime Orland Park land, multiple buildings, high rental potential.
    Where is this multifamily property located?
    The property is located at 15715 Wolf Rd Orland Park, IL.
    What are key features of this property?
    This property features: Exceptional 2.5-11 acre Orland Park, IL investment/redevelopment opportunity at 15715 Wolf Rd.; Prime location bordering BMW of Orland Park, near 159th & Wolf Road, with city sewer & water.; Diverse mix of existing structures: multiple commercial buildings, two residential homes, apartment, large pole building, & additional outbuildings.
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    15715 Wolf Rd Orland Park, IL 60467
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    Orland Park, IL 60467
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15715 Wolf Rd Orland Park, IL 60467
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