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    15845 Harlem Ave Orland Park, IL 60462

    Sponsored
    For Lease
    $29 SF/Yr ($17,796 /Mo)

    High-traffic retail space, 1,550 sq ft.

    Lot size:
    7,364 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity presents 1,550 square feet of inline space within a larger, upscale 7,364 square foot retail center located at 15845 S Harlem Ave in Orland Park, Illinois. Built in 2003 and renovated in 2020, the property boasts a prime location on a 1.06-acre lot (46,174 square feet) with excellent visibility and accessibility. The center features a substantial 230-foot frontage along Harlem Avenue, providing significant exposure to high vehicular traffic. Convenient access is ensured by a curb cut on the south side of the property and surrounding access roads allowing entry from all directions. Ample parking is available with 70 parking spots for customers and employees. The property is zoned for general retail use and is situated within the Orland & Tinley MSA in Cook County, Illinois, zip code 60462. The entire retail center comprises one suite, with 1,550 square feet currently vacant and ready for immediate occupancy. This property offers a unique chance to establish or expand a business in a thriving retail environment.

    Property Features for 15845 Harlem Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,364 SF
    Total Rate
    17796.33

    Building Details

    Year Built/Renovated
    2003/2020

    Unit(s) available at that property

    Space
    15845 S Harlem Ave
    Size
    1,550 SF
    Rate per SF
    $29

    HighLights

    • 1,550 SF inline retail space in a 7,364 SF upscale center.
    • High‑visibility location with 230 feet of frontage on Harlem Ave in Orland Park, IL.
    • 70 parking spaces available.
    • High traffic counts in a major shopping district.
    • Patio seating available.
    • Excellent access and visibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    ROSES&KEBAB Mediterranean Restaurant uBreakiFix - Phone and Computer ... Computer Support And Services Panera Bread Cafe

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Orland Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.7937401
    Latitude
    41.6033569

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space, 1,550 sq ft.
    Where is this retail property located?
    The property is located at 15845 Harlem Ave Orland Park, IL.
    What is the lease rate?
    The lease rate is $29 SF/Yr.
    What are key features of this property?
    This property features: 1,550 SF inline retail space in a 7,364 SF upscale center.; High-visibility location with 230 feet of frontage on Harlem Ave in Orland Park, IL.; 70 parking spaces available.
    Request Owner's contact information
    15845 Harlem Ave Orland Park, IL 60462
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    Orland Park, IL 60462
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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
    15845 Harlem Ave Orland Park, IL 60462
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