Address
16197 94th Avenue, Orland Hills, IL
Price
$ 1,500,000
Property Attributes
- MLS#12041842
- TypeCommercial
- CountyCOOK
- CityOrland Hills
- AreaOrland Hills
- Zip60487
- Style
- Year Built2006
- Taxes$ 97000
- Price$ 1,500,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage13200
- Lot Size1.03306 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Commercial opportunity in high traffic area close to 159th & 94th Ave in Orland Hills. Built in 2006 this 13,200 sq ft plaza sits on 45,000 sq ft lot and offers 40 parking spots. Some of the tenants include grocery mart, fast food, barber, cleaners, bakery & smoke shop. One vacant 1400 sq ft unit for lease with multiple inquiries. When this unit is leased we will be at a 7.5% cap rate. Leases are currently gross so potential to increase NOI.
| Price History | |
|---|---|
| 4/29/2024 | Listed $1,500,000 |
General Features
| Cooling | Central Individual |
|---|---|
| Zoning | COMMR |
| Year Built | 2006 |
| Electric | Service - 201 to 600 Amps |
| Tenant Pays | Air Conditioning,Electricity,Heat,Repairs,Scavenger,Sewer |
| Stories | 1 |
| Township | Orland |
| Property SubType | Shopping Center,Strip Center |
| Tax Year | 2022 |
| County | Cook |
| Net Operating Income | 112860 |
| Property Type | Commercial Sale |
| Status | Active |
| Directions | 159th St to 94th Ave and South to plaza |
| City | Orland Hills |
| Total Units | 7 |
| MLS Area | Orland Hills |
| Lot Size Square Feet | 45000 |
| Street Name | 94th |
| Tax Annual Amount | 97000 |
| Additional Parcels Y/N | No |
| Leasable Area | 3000 |
| Days on Market | 16 |
| Standard Status | Active |
| Property Type | Retail/Stores |
Interior Features
| Street Suffix | Avenue |
|---|
Exterior Features
| Building Area Total | 13200 |
|---|---|
| Lot Dimensions | 215X218 |
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 60487
Price
Taxes
Visits
Year Built
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than NextHome Select Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2024 All rights reserved.Based on information submitted to the MLS GRID as of May 20, 2024 10:52 PM UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice.
Data is updated as of May 20, 2024 10:52 PM UTC
