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    11923 143Rd St Orland Park, IL 60467

    For Lease
    Contact for pricing

    High-traffic location, ample parking, 2 spaces available

    Lot size:
    26,245 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional Orland Park retail strip center, located at 11923-11981 West 143rd Street, offers 26,245 square feet of prime retail space. The property boasts a highly visible location on busy 143rd Street, ensuring maximum exposure for your business. With ample parking available, customers and employees will enjoy convenient access. The center features multiple tenancies, with two spaces currently available, ranging from a minimum of 900 square feet to a maximum contiguous space of 3,849 square feet. A total of 4,465 square feet is currently vacant. The property sits on a substantial 3.43 acres (149,528 square feet) of land, providing significant potential for expansion or future development. High foot traffic and excellent visibility make this an ideal location for a variety of retail businesses seeking a thriving commercial environment in Orland Park, Illinois, zip code 60467. This opportunity presents a chance to establish a strong presence in a bustling retail corridor. The property's strategic location and ample space make it an attractive investment for businesses looking to capitalize on the high volume of traffic and pedestrian activity in the area.

    Property Features for 11923 143Rd St

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    26,245 SF

    Unit(s) available at that property

    Space
    Suite 11927
    Size
    3,385 SF
    Space
    Suite 11959
    Size
    1,080 SF

    HighLights

    • 26,245 SF retail strip center in Orland Park, IL.
    • High‑visibility location on busy 143rd Street with ample parking.
    • Two available spaces, 900‑3,849 SF, totaling 4,465 SF of vacant space.
    • Situated on a 3.43‑acre lot with expansion potential.
    • High foot traffic and excellent visibility in a thriving retail corridor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Orland Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.9090086
    Latitude
    41.6294228

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    FAQs

    What type of property is this?
    Neighborhood center - High-traffic location, ample parking, 2 spaces available
    Where is this neighborhood center located?
    The property is located at 11923 143Rd St Orland Park, IL.
    What are key features of this property?
    This property features: 26,245 SF retail strip center in Orland Park, IL.; High-visibility location on busy 143rd Street with ample parking.; Two available spaces, 900-3,849 SF, totaling 4,465 SF of vacant space.
    Request Owner's contact information
    11923 143Rd St Orland Park, IL 60467
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    Orland Park, IL 60467
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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
    11923 143Rd St Orland Park, IL 60467
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