15555 Harlem Ave Orland Park, IL 60462
This exceptional 5.3-acre commercial and industrial land parcel presents a unique development opportunity in Orland Park, Illinois. Strategically located at the highly visible 4-way signalized intersection of 155th Street (Wheeler Drive) and Harlem Avenue, this property boasts 583 feet of frontage along Harlem Avenue. Currently zoned General Business District, the site allows for a variety of uses and offers significant flexibility. Preliminary plans illustrate the potential for three 37,000 square foot outlots facing Harlem Avenue, with an additional 2.53 acres available on the east portion of the property. The seller will subdivide the site to accommodate the end-user's specific needs. This prime location within a thriving shopping and business district ensures high traffic counts and maximum visibility, providing unparalleled access from all directions. Whether you're seeking a ground lease or a build-to-suit opportunity, this property offers a lucrative prospect for businesses looking to capitalize on the robust commercial activity along Harlem Avenue and 159th Street in Orland Park and Tinley Park. The site includes a 2.58-acre outlot at the northeast corner of Wheeler Drive and Harlem Avenue. This is an unparalleled chance to establish a presence in a high-demand area with excellent visibility and accessibility. The property's location within a major shopping and business district guarantees maximum exposure and easy access for customers and employees.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.