Entity Owned Property summary
This exceptional investment opportunity presents a fee-simple ownership of a 14,910 square foot Harbor Freight Tools storefront, situated on a 2.02-acre lot in Orland Park, Illinois. The property boasts a long-term, corporate-guaranteed net lease with a remaining term of 9.5 years, extending to May 31, 2034, with five 5-year options, each including a 10% rent increase. The current annual net operating income (NOI) is $165,650, representing a 7.00% cap rate on the asking price of $2,366,428… ($158.71 per square foot). The building, constructed in the 1980s (estimated), is 100% occupied by Harbor Freight, a national retailer with over 1,400 locations. The property benefits from its prime location on 159th Street (38,890 vehicles per day) and Harlem Avenue (43,328 vehicles per day), a major intersection providing excellent visibility and accessibility. The surrounding area features numerous national retailers, including Home Depot, Meijer, Hobby Lobby, Menards, and Sam's Club, indicating a strong retail environment. The demographic profile is equally compelling, with 90,225 people residing within a 3-mile radius, boasting an average household income of $110,448. Landlord responsibilities include roof, structure, and parking lot replacement, while the tenant is responsible for all CAM expenses, parking lot repairs, and reimbursement for taxes and insurance. The tenant recently completed a 10-year lease extension and plans to invest over $250,000 in building remodeling within the next five years. This presents a rare opportunity to acquire a stable, high-performing retail investment in a prime Chicagoland location.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 15 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 3.2 ac
- Year built
- 1973
- Stories
- 1
- APN
- 27-13-402-017
- Assessed value · 2022
- $443,070
- Annual tax · 2022
- $164,089
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
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