Property profile

10608 163 Pl Orland Park Orland Park, IL 60467

OFF-MARKET
Industrial properties
28,000 SF 3.22 ac lot
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Property summary

AI-generated overview

This exceptional 28,000-square-foot freestanding flex building in Orland Park, Illinois, presents a unique opportunity. Situated on a 3.22-acre lot, the steel and masonry structure offers convenient access to major transportation arteries, including I-355, I-80, and 159th Street, placing it within easy reach of Chicago Midway International Airport. The property boasts two loading docks and ample parking for approximately 200 cars. Currently configured as a former test kitchen, the building features two commercial kitchens complete with Ansol hood systems, a development laboratory, training rooms, and food panel test rooms. This adaptable space is zoned for manufacturing and light industrial uses and offers the potential for multi-tenant occupancy with separate entrances and an elevator. The building's versatile layout and prime location make it an attractive option for a variety of businesses seeking a functional and strategically located facility in the thriving Orland Park market. The property's existing infrastructure, including the well-equipped kitchens and lab space, presents significant cost savings for potential tenants. This is a rare opportunity to acquire a high-quality flex space in a desirable location with excellent access to transportation and amenities. The building's size and layout offer flexibility for a range of uses, making it an ideal investment for businesses seeking expansion or relocation.

Property profile

Verified
Property type Industrial properties
Total area 28,000 SF
Lot 3.22 ac (140,263 SF)

Cap rate & NOI

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

Location

10608 163 Pl Orland Park Orland Park, IL 60467
Orland Park metro
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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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