15959 108th Ave Orland Park, IL 60467-5301
This exceptional 10,892-square-foot Class A office building, situated on a 1.45-acre lot in Orland Park, Illinois, presents a compelling investment or end-user opportunity. Built in 1994, this single-story structure boasts a prime location with high traffic counts, minutes from I-80 and major retailers. Currently vacant, the property offers significant flexibility. The building features 1,100 square feet of adaptable warehouse space with a private drive-in bay, making it suitable for a variety of uses, including retail, office, or industrial, subject to necessary village approvals. The potential for subdivision into multi-tenant units adds further investment appeal. Well-maintained mechanical systems and a backup generator ensure operational efficiency. The all-concrete parking lot minimizes maintenance costs. The property's asking price is $2,342,000, translating to $215.02 per square foot. Its permitted zoning is MFG. This well-located, versatile property offers numerous possibilities for a discerning buyer. The building is in excellent condition and benefits from a thriving community and convenient access to major transportation routes.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
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.