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Orland Park Flex Building For Sale
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10608 163rd Pl Orland Park IL, Orland Park, IL 60467

Freestanding flex building with commercial kitchens and development laboratory.

Property Size28,000 SF
Days on Market988

Property Features for 10608 163rd Pl Orland Park IL

General Information

Standard status Active
Size 28,000 SF
Property subtype Industrial
Listing Agency: DarwinPW Realty
Listed By: Laura Perlman · License #475.186095
Source: Crexi
Added: Dec 21, 2023 Changed: Aug 26 Last Checked: Sep 2 at 12:19PM

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 DarwinPW Realty

Investment Insights

Based on property information with market context.

This freestanding steel and masonry flex building, totaling 28,000 square feet, is located in Orland Park, Illinois. The property offers convenient access to I-355, I-80, and 159th Street, and is situated in close proximity to Chicago Midway International Airport. The building is zoned for Manufacturing & Light Industrial use. The property is designed as a potential multi-tenant building with separate entrances and an elevator. It was previously built out as a test kitchen, featuring two commercial kitchens, Ansol hood systems, a development laboratory, training rooms, and food panel test rooms. Parking is available for approximately 200 cars. It is suitable for lab, R&D, or commercial kitchen use.

Key Highlights

  • Freestanding flex building suitable for lab, R&D, or manufacturing
  • Built out as former test kitchen with 2 commercial kitchens and development laboratory
  • Easy access to I‑355/I‑80 and 159th Street

Property Analytics

Current Use

Flex space

Location Intelligence

Trade Area within ½ mile

1,520
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60467, IL

26,098
Population
10,055
Households
2.6
Avg Household Size
49
Median Age
45%
College-Educated
96%
High-School Grad
14.8 sq mi
ZIP Area
1,763
Density / Sq Mi
$109,329
Median Household Income
$63,685
Median Earnings
$2,202
Median Rent
$392,200
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Similar Off Market Nearby

  • Pastry Field Cafe 0000, Orland Park, IL 60462

Frequently Asked Questions

What type of property is this?
Flex space - Freestanding flex building with commercial kitchens and development laboratory.
Where is this flex space located?
The property is located at 10608 163rd Pl Orland Park IL Orland Park, IL.
What are key features of this property?
This property features: Freestanding flex building suitable for lab, R&D, or manufacturing; Built out as former test kitchen with **2 commercial kitchens and development laboratory**; Easy access to I‑355/I‑80 and 159th Street
(773) 677-6472 Call to check price and availability
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