159Th St Orland Park, IL 60462
- Retail properties
- 2.36 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 159Th St
- Lot size
- 2.36 lot acres
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional 2.36-acre commercial land parcel presents a prime investment opportunity in Orland Park, Illinois. Located at the northwest quadrant of the intersection of 94th Avenue and 159th Street, this outlot is part of a thriving shopping center anchored by Target and Buy Buy Baby. The property boasts excellent ingress and egress with multiple access points, two of which are signalized, ensuring high visibility and convenient access for potential businesses. The asking price is $1,400,000. This site benefits from a strong surrounding retail environment, including major national retailers such as Walmart, Sports Authority, Lowe's, Marshalls, Kohl's, Bed Bath & Beyond, Barnes & Noble, and Office Depot. Its proximity to the 1.21 million-square-foot Orland Park Mall, anchored by Carson Pirie Scott, JCPenney, Macy's, and Sears, further enhances its desirability. The area also enjoys a robust residential base, providing a substantial customer pool for any development on this site. The property's size and location make it ideal for a variety of retail developments, capitalizing on the high traffic volume and established commercial presence. This is a rare opportunity to acquire a strategically positioned land parcel in a high-demand retail corridor. The Cook County location and 60462 zip code offer further advantages for investors.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Orland Park
- County
- Cook
- State
- Illinois
- Longitude
- -87.8255
- Latitude
- 41.6306
