11508 183Rd PlOrland Park, IL 60467

For Sale
$800,000

4,000 SF Office, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 4,000 square foot office condo, located in the desirable Orland Park Business Center (Will County, IL), presents a compelling investment opportunity. Built in 2005, this single-story, one-building property boasts a 100% occupancy rate with a long-term tenant in place, ensuring immediate cash flow. The unit features two separate entrances, a private vestibule, a welcoming reception area, four sizable private offices, a spacious conference room, two restrooms, and a convenient breakroom. Six built-in cubicle workstations offer additional workspace flexibility, complemented by ample storage. The versatile layout allows for customization to meet diverse business needs. The property is zoned ORI and includes a new roof (installed in 2021). This stabilized investment benefits from low Will County taxes and is situated within a thriving business park, promising strong returns. The asking price is $800,000. The property is organized as two units within a single building, and is owned by a Limited Liability Corporation. The property's address is 11508 183rd Place, Orland Park, IL 60467. The APN is 1909062030160000. This is a gross lease property.

Highlights

  • Long-term tenant in place, providing stable cash flow.
  • Low Will County property taxes and a 2021 new roof.
  • Prime office condo location in a thriving business park with strong return potential.
  • Broker partially owned.

Property Details for 11508 183Rd Pl

Property type
Other office properties, Office properties
Square Feet
4,000 SF
Year Built
2005
Buildings
1
Stories
1
Units
2

Location Insight

City
Orland Park
County
Will
State
Illinois
Latitude
41.555937551109
Longitude
-87.896233259015
11508 183Rd Pl, Orland Park, Illinois

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11508 183Rd Pl
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