7420 159Th St Orland Park, IL 60462
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.
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Heartis Village Orland Park Assisted Living Nursing Home Retirement Community
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
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
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