Address
64 Orland Square Drive, Orland Park, IL
Price
$ 1,100,000
Property Attributes
  • MLS#11797067
  • TypeCommercial
  • CountyCOOK
  • CityOrland Park
  • AreaOrland Park
  • Zip60462
  • StyleOffice
  • Year Built1976
  • Taxes$ 79500
  • Price$ 1,100,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage16000
  • Lot Size0.107438 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Great investment opportunity located in prime Orland Park location. Super high visibility just across from Orland Square mall. Building is approx.16,000 square feet, has 4 levels, all elevator accessible. Few vacancies with ample common areas and numerous parking spaces for tenants and visitors. Shared ownership of common area with neighboring buildings. Fantastic potential with opportunity of increased rents as well!

Price History
6/1/2023 Listed $1,300,000
7/13/2023 8% - $1,200,000
2/19/2024 9% - $1,100,000

General Features

Cooling Central Air
Utilities Electric to Site,Gas to Site,Water to Site
Possession Closing
Zoning OFFIC
Year Built 1976
Electric Circuit Breakers
Tenant Pays Electricity,Other
Stories 3
Township Orland
Property SubType Office
Tax Year 2021
Current Use Office
Gross Income 20300
County Cook
Net Operating Income 107693
Operating Expense 36450
Property Type Commercial Sale
Possible Use Office and Research
Status Active
Directions Take 151st Street to Regent,North to Orland Square Drive,West to address
City Orland Park
MLS Area Orland Park
Lot Size Square Feet 4680
Street Name Orland Square
Tax Annual Amount 79500.4
Additional Parcels Y/N Yes
Days on Market 324
Standard Status Active
Property Type Office/Tech

Interior Features

Street Suffix Drive

Exterior Features

Foundation Details Concrete Perimeter
Building Area Total 16000
Lot Dimensions 43.6 X 103.6 X 44.8 X 102.7
Exterior Steel Siding,Glass

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60462

Price
AVG $120K
$1.1M
Taxes
AVG $87,230
$79,500
Visits
AVG 189
560
Data Provided by Inside Real Estate®
Year Built
AVG 1981
1976
Walkscore
AVG 72
81
Data Provided by Walkscore® not using MLS data

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