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    Property profile & analytics
    OFF-MARKET Estimated value $810,000
    Residential income homes

    9875 143rd St, Orland Park, IL 60462-2005

    4,466 SF 0.1 ac lot Built 1925
    Entity Owned 2-yr Hold
    Property ID
    US28-0487184
    Property summary
    AI-generated overview

    This exceptional mixed-use property in Orland Park, IL, presents a lucrative investment opportunity. The 4,371 square foot building, constructed in 2012, houses a thriving Irish-themed restaurant and bar with seating for 100 (70 inside, 30 patio). The restaurant boasts recently approved gaming licenses for five video poker machines, adding a significant revenue stream. Above the main level are three residential apartments, generating additional income. The property includes three parking spaces and benefits from recent renovations, including a new roof and updated mechanical systems and finishes. Located at 9875 W 143rd St, Orland Park, IL 60462, this well-maintained establishment is a neighborhood favorite, drawing customers from throughout the Chicagoland area. The building is situated in a high-income area with a strong population density and boasts a prime location within a thriving commercial district. The asking price is $1,350,000. Rent bumps are included in the sale. This turnkey operation offers a unique blend of established business and rental income potential, making it an ideal owner-user investment. The property's strong reputation and consistent performance make it a compelling opportunity for a discerning buyer.

    Property profile
    Verified
    Property type Residential income homes
    Use group APARTMENT HOUSE (UNDER 5 UNITS)
    Year built 1925
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 4,466 SF
    Lot 0.1 ac (4,371 SF)
    APN 27-09-202-002
    UPID US28-0487184
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • The Irish Patriot Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $830k
    CAP Approach CAP
    $890k
    Comparable Approach Comparable
    $554k
    Blend (final) Blend
    $810k
    Owner & transaction history
    S H & Associates INC · 2 yrs held
    S H & Associates INC
    since 2023
    Last sale
    $750,000
    7 recorded transactions
    2023
    $750,000
    2010
    $395,000
    2009
    2006
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Neighborhood: shopping center $980,000 +37.5%
    Commercial (general) $875,000 +23.0%
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