Property profile

15102 La Grange Rd Orland Park, IL 60462

OFF-MARKET
Retail space
Property ID
US28-1354544
3.34 ac lot Built 1979
Individually Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail storefront opportunity is located within Michael's Plaza at 15102 South La Grange Road, Orland Park, IL 60462, in Cook County. The entire 2,100 square foot space is currently vacant and available for lease. This single-tenant space offers excellent visibility and accessibility, boasting 30 feet of frontage. The property's strategic location benefits from its proximity to major thoroughfares, providing convenient access for customers. Its placement within Michael's Plaza offers a strong retail environment, complemented by neighboring businesses such as Whole Foods Market in the adjacent Ravinia Plaza (accessible via cross easements) and the newly opened Pete's Fresh Market across 151st Street. This high-traffic area ensures significant exposure for your business. The property is ideal for a variety of retail uses and is available for a new 5+ year triple net lease. The space is easily accessible within the community off 151st Street. This is a rare opportunity to establish a presence in a thriving Orland Park retail corridor. The property's size is 2,100 square feet, with no possibility of dividing the space. This presents a unique chance for a business seeking a prominent location in a high-demand area.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1979
Lot 3.34 ac (145,490 SF)
APN 27-16-206-005
UPID US28-1354544

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Courier Service Postal Service
  • (Bike/Boat/Book/etc) Store Home Decor Store

Location

15102 La Grange Rd Orland Park, IL 60462-3709
Orland Park metro Census 824116 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2019
6 recorded transactions
2025
Price N/A
2021
Price N/A
2020
Price N/A
2019
Price N/A
2016
$8.0M
1969
Price N/A

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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