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    Property profile & analytics

    8752 159Th St Orland Park, IL 60462

    • Retail space
    For Lease
    View listing
    $25 SF/Yr
    Value Estimation
    $1,500,000
    Last Sale
    Jun 05, 2023
    $1,500,000
    Location Intelligence
    Property ID
    US28-0692282
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Universal Dental of Orland Park / Dental Clinic / Dental Implants Periodontist
    • Dr. Ramsey Ata, DDS / Dentist
    • Dr. Ahmed Ramaha, DDS / Dentist
    • US Government Marines / Government
    • Gravity Salon and Spa / Beauty Salon / Hair Salon

    Property Details for 8752 159Th St

    Property type
    Retail space
    APN
    27-14-300-071
    APU
    2714300071

    Description

    Waterfall Plaza, located at 8752 W 159th St in Orland Park, Illinois (zip code 60462), offers a fantastic opportunity for businesses seeking retail space in Cook County. This commercial property boasts a total of 19,100 square feet, encompassing two suites. Currently, 5,850 square feet are available for lease, divisible into spaces ranging from a minimum of 675 square feet to a maximum contiguous space of 2,250 square feet. The property's location within a thriving commercial area ensures high visibility and foot traffic. The flexible space is ideal for a variety of retail businesses, offering ample room for growth and expansion. This prime location is surrounded by numerous national tenants, creating a strong and established commercial environment. The property is situated in a busy and desirable area, making it an excellent choice for businesses looking to establish a presence in a high-traffic location. The available space presents a unique opportunity to secure a prominent retail location in a vibrant and successful commercial center. Contact us today to learn more about leasing options and to schedule a viewing.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,410,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,520,000
      6.5%
      $1,550,000
      7%
      $1,545,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,655,000
      Geo Method
      $1,430,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,415,000
      Retail
      $1,450,000
      Mixed-Use
      $1,785,000
      Hospitality
      $1,680,000
      Educational
      $1,865,000
      Residential Income
      $1,560,000
      Energy
      $1,405,000
      Income-Based Land
      $1,795,000
      Food Service
      $1,710,000

    Location Insight

    • Map
    • Local Demand
    City
    Orland Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.8309
    Latitude
    41.6025
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $58,915
    $186,477
    $10,192
    $196,669
    -
    $745,908
    $40,768
    $786,676

    Comparable in this City

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      9130 159th St

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      9410 Compubill Dr

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    • Value Estimation by Request
      0.42 Acres

      15252 Harlem Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.42 Acres
      15252 Harlem Ave, Orland Park, IL 60462-4330
      View Details

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    8752 159Th St
    Orland Park, IL 60462
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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
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