7420 W 159Th St, Orland Park, IL 60462
- Commercial real estate
- 1.00 lot acres
Current Use by Public Records
- Heartis Village Orland Park Assisted Living / Nursing Home / Retirement Community
Property Details for 7420 W 159Th St
- Lot size
- 1.00 lot acres
- Property type
- Commercial real estate
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Nov 27, 2024 | $18,500,000 | Vtr Dsc Orland Park LLC | Heartis Orland Park Partners LP | Special Warranty Deed | — |
| Nov 26, 2024 | — | Gw Property Group LLC Series 11 | — | Deed · related | $3.3M · Old National Bank |
| Nov 22, 2024 | — | Gw Orland Park LLC | — | Deed · related | $1.9M · Old National Bank |
| Nov 1, 2023 | — | Gw Property Group LLC Series 11 | — | Deed · related | $2.6M · Old National Bank |
| Sep 13, 2023 | — | Gw Property Group LLC Series 11 | — | Deed · related | $3.3M · Old National Bank |
| May 16, 2022 | — | Gw Property Group LLC Series 11 | — | Deed · related | $3.3M · Old National Bank |
| Jul 6, 2018 | — | Gw Prop Grp LLC Series 11 | — | Deed · related | $2.9M · Marquette Bk |
Description
This exceptional investment opportunity presents three commercial and residential outlot parcels totaling between one and 4.58 acres, strategically located at 7420 W 159th St in Orland Park, Illinois, zip code 60462, within Cook County. The property boasts a highly visible location with full access from 159th Street to Harlem Avenue via the Home Depot Center, ensuring significant exposure to the substantial traffic volume exceeding 30,000 vehicles per day on 159th Street. Zoned BIZ - General Business, this land offers flexibility for a variety of development projects. The asking price is $4,020,000, with land value ranging from $17 to $27 per square foot. Developers will appreciate the build-to-suit and ground lease options available, providing considerable adaptability to individual project needs. This prime location and versatile zoning make this an ideal opportunity for investors seeking high-impact commercial development in a thriving Orland Park market. The property's latitude and longitude coordinates are 41.60223328427467 and -87.80149264492938 respectively.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Orland Park
- County
- Cook
- State
- Illinois
- Longitude
- -87.801492644929
- Latitude
- 41.602233284275
