16501 La Grange Rd Orland Park, IL 60467
- Commercial real estate
- 2.20 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 16501 La Grange Rd
- Lot size
- 2.20 lot acres
- Property type
- Commercial real estate
Description
This exceptional 2.2-acre commercial land parcel, located at 16501 South Lagrange Road in Orland Park, Illinois, presents a unique investment opportunity. Priced at $795,000, this property boasts a highly desirable location within a strong regional shopping district. The lot offers 1.58 acres of buildable land, providing ample space for various commercial developments. Its strategic positioning provides signalized access via a cross-access easement with a Lifetime Fitness center, ensuring high visibility and convenient access for potential businesses. The property benefits from exceptional traffic counts, with 39,600 vehicles passing daily on Lagrange Road. This high traffic volume translates to significant potential for customer reach and business success. Furthermore, the property enjoys close proximity to Interstate 80, enhancing accessibility for both customers and employees. The surrounding area features a vibrant mix of established businesses, including Marcus Cinema, Wu House Japanese Restaurant, Rock Bottom Brewery, a Homewood Suites hotel, and a Houlihan's restaurant, creating a thriving commercial environment. The property is zoned COR, offering flexibility for a range of commercial uses. This prime location and favorable zoning make this 2.2-acre parcel an ideal investment for developers and entrepreneurs seeking a high-traffic, well-established commercial setting in Orland Park, IL (zip code 60467).
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Orland Park
- County
- Cook
- State
- Illinois
- Longitude
- -87.8518232
- Latitude
- 41.591703
