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& 108th 159Th St Orland Park, IL 60467

OFF-MARKET Land Google Maps
6 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 6-acre (266,152 square foot) commercial land parcel, identified by APN 27-17-408-006-0000, presents a unique investment opportunity in Orland Park, Illinois. Situated at the northeast corner of 159th Street and 108th, this property benefits from a BIZ zoning designation, allowing for a wide range of commercial development possibilities. The site boasts convenient access to utilities, with off-site detention services already in place. Recent road improvements on West 159th Street enhance accessibility and visibility. Strategically located within Orland Park's "Car Dealer Row" on 159th Street, this parcel enjoys high traffic volume and proximity to the significant 1.2 million square foot Orland Square Mall trade area, ensuring a substantial customer base. Further enhancing its appeal, the property is bordered by Park Station Boulevard, providing direct access to the Orland Park Metra Station, which sees a remarkable 161,200 weekday riderships. This prime location offers unparalleled exposure and connectivity, making it an ideal site for a variety of commercial ventures. The property's size and strategic location within a thriving commercial corridor make it a highly attractive investment opportunity.

Property profile

Verified
Property type Land
Lot 6 ac (261,360 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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