Neighborhood Retail Plaza Anchored by Family
94-120 S Orchard Drive Park Forest, IL 60466
94-120 S Orchard Drive, Park Forest, IL, 60466
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For Sale
Contact for pricing
Pending
Retail plaza opportunity with Family Dollar anchor and 55,000 SF big-box space available for immediate lease.
Days on Market102
Property Features for 94-120 S Orchard Drive
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing agency
CBRE - Chicago
(913) 909-9529
Listed by
Dominic Soltero · License #IL 475.153308
Source
Crexi
Added: Apr 12 Updated: Jul 21 at 7:07PM Checked: Jul 21 at 7:07PM
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Investment Insights
Based on property information with market context.
Orchard Park Plaza offers fee simple acquisition with a current occupancy of 24.8% leased, presenting a value-add opportunity through lease-up and stabilization. The center is anchored by Family Dollar and includes a daily-needs tenant mix that features an auto-related tenant, currency exchange, and a nail salon.
The property is located at 94-120 S Orchard Drive in Park Forest, Illinois, approximately 25 miles south of downtown Chicago, with access via multiple means of transportation.
A large-format, big-box component of 55,000 SF is available immediately for lease. The property’s average rents are $8.00 per SF versus $12.00 per SF for market averages, supporting additional lease-up-oriented value. The available space is positioned to accommodate uses such as a grocer, clothing company, or a commercial warehouse use, per the property’s described fit.
The property is located at 94-120 S Orchard Drive in Park Forest, Illinois, approximately 25 miles south of downtown Chicago, with access via multiple means of transportation.
A large-format, big-box component of 55,000 SF is available immediately for lease. The property’s average rents are $8.00 per SF versus $12.00 per SF for market averages, supporting additional lease-up-oriented value. The available space is positioned to accommodate uses such as a grocer, clothing company, or a commercial warehouse use, per the property’s described fit.
Key Highlights
- Orchard Park Plaza at 94‑120 S Orchard in Park Forest, IL
- 24.8% current occupancy leased
- Family Dollar anchor tenant
Property Analytics
Location Intelligence
Current Use by Public Records
Shopping centers
Similar Off Market Nearby
- Coin Cloud Bitcoin ATM — 1535 Western Ave, Chicago Heights, IL 60411
- Lincolnwood West Shopping Center — Lincoln Hwy, Park Forest, IL 60466
FAQs
What type of property is this?
Shopping center - Retail plaza opportunity with Family Dollar anchor and 55,000 SF big-box space available for immediate lease.
Where is this shopping center located?
The property is located at 94-120 S Orchard Drive Park Forest, IL.
What are key features of this property?
This property features: Orchard Park Plaza at 94‑120 S Orchard in Park Forest, IL; 24.8% current occupancy leased; Family Dollar anchor tenant