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Retail Space in Prime Location
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15900 94th Ave, Orland Park, IL 60462

Retail space with high traffic and daytime population.

Property SizeContact for details
Days on Market940

Property Features for 15900 94th Ave

General Information

Standard status Active
Property subtype Retail
Listing Agency: Colliers - Rosemont, Illinois
Listed By: Peter Block · License #471002226
Source: Crexi
Added: Feb 5, 2024 Changed: Aug 23 Last Checked: Aug 31 at 8:47PM

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 Colliers - Rosemont, Illinois

Investment Insights

Based on property information with market context.

This retail space benefits from a strategic location with major retailers in the immediate area. The property is situated on the hard corner of a lighted intersection, offering enhanced visibility. It experiences strong traffic counts, with over 45,000 vehicles per day. The location also benefits from a high daytime population within a 1-mile radius.

Key Highlights

  • Strategic location at a hard corner of a lighted intersection
  • Strong traffic counts (45,000+ VPD)
  • Major retailers in the immediate area

Property Analytics

Current Use

Red Light Camera ... Traffic Officer

Suggested Use

Top Pick Building Supply Grocery & Convenience Store Storage Facility Garden Center Auto Parts 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.

Location Intelligence

Trade Area within ½ mile

939
Businesses Nearby
711k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 27% Superstores 21% Shops & Services 19% Groceries 13%
Walmart Superstores
152,262 visits/mo 0.3 miles
Jewel-Osco Groceries
67,482 visits/mo 0.2 miles
Chick-fil-A Dining
66,342 visits/mo 0.5 miles
Best Buy Electronics
42,123 visits/mo 0.5 miles
Lowe's Home Improvements & Furnishings
33,383 visits/mo 0.3 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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space with high traffic and daytime population.
Where is this retail space located?
The property is located at 15900 94th Ave Orland Park, IL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Strategic location at a hard corner of a lighted intersection; Strong traffic counts (45,000+ VPD); Major retailers in the immediate area
(847) 384-2840 Call to check price and availability
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