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Property profile

10608 West 163Rd Pl Orland Park, IL 60467

FOR LEASE
Retail space
Property ID
US28-0964646
3.22 ac lot Built 2003
Last sale Feb 2023 · $1,935,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a freestanding flex building constructed with steel and masonry, laid out for laboratory and research-and-development use. The interior was built out around a former test-kitchen configuration and includes two commercial kitchens with Ansol hood systems, as well as a development laboratory and training/food panel test rooms. The building’s site positioning provides convenient access to I-355/I-80 and 159th Street. Its configuration supports potential multi-tenant use, with…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$207k
Tax billed · 2022
Assessed value$692k
Assessed land$79k
Assessed improvement$613k
Effective rate29.96%

Value estimate

· Oct 2026
$2.07M
$1.86M – $2.28M
AI approach$2.03M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$149/SF
County average, outlier-cleaned · 2350 recorded sales of this use type
Observed band · Q1–Q3$70 – $271

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant15.4
Hair Salon14.6
Building Supply14.1

Location

10608 West 163Rd Pl Orland Park, IL 60467
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
9600 159th, Orland Park, IL 60467 $21,500,000 Feb 2026 No data
11120 40th W 179th, Orland Park, IL 60467 $1,325,000 Dec 2025 No data
11229 55th W 143rd, Orland Park, IL 60467 $2,050,000 Nov 2025 No data
9604 161st, Orland Park, IL 60467 $1,150,000 May 2025 No data
17259 Wolf, Orland Park, IL 60467-5352 $725,000 Dec 2024 No data
9570 159th St, Orland Park, IL 60467-5698 $5,025,000 Sep 2024 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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