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Office, Retail, Industrial, Vacant Land, Hospitality, Mixed Use, Multi-Family, Medical Office, Income / Business
161.58 raw acres near La Grange Rd and I80 in Cook County Orland Park. Potential is unlimited. Residential entitlements in place for 417 units. Previously under contract for $42 million. Backup package available under due diligence period. Sellers not willing to hold paper, partner or phase funding. Priced to sell now.
42,000 sq. ft. precast concrete building on 2.63 acres built in 1990. Features 4,000 sq. ft. office, 18' clear, 1200 amps, 3 interior truck docks, 1 DID, gas heat, sprinklered, 42 parking spots. Available immediately. Spotless and zero deferred maintenance. Excellent corporate image. R.E. taxes $24,758 ($0.59 PSF / 2012).
15426-28 S. 70th Ct. is 9,226 SF Industrial investment property in Orland Park, IL that was recently renovated with high-end finishes. Unit -B (3,763 SF) is 100% leased at $12.20 PSF with the tenant (Fastenal) paying utilities and common area maintenance. Gross income for this space is $47,520.00 annually. Unit A is currently vacant, but consists of a two-story custom build out of 4,765 s.f. of space at Class A office quality. Improvements include a large executive office area with private bathroom, jacuzzi, tub and glass bowl sink, as well as an employee lunchroom with base and wall hung cabinets, granite countertops and stainless steal appliances. Unit -A also features an ADA lift and truck dock. Located near the corner of 159th and Harlem Avenue, this property could be an investment opportunity or the vacant unit can serve as an owner-occupied space. Property taxes were successfully protested in 2011, and the building is currently being assessed at well below its market value. If fully leased, the property could produce $114,169 in gross annual income with very low operating expenses.
36,000 Square Foot Incubator style masonry building with 16' ceilings with 14 units ranging in size from 1,300 to 6,500 sq. ft. Well maintained and fully occupied. For Sale By Owner.
Prime Orland Park Industrial Corridor. Right off Harlem Ave. 10 DIDs. 8 ft clear span. Great user or investor opportunity. Income in place.
4825 sq. ft. Industrial Condo, End unit right off the street, 2800 sq. ft. of 2 Story office, 1400 sq. ft. per floor. 3 1/2 Bath rm, Office area has Zoned heating & AC. Shop has in floor Radiant Heat & Forced Air AC. 200 amp 3 phase electric, Floor Drains. 12'-0'' x 14'-0'' Overhead Doors, 1180 sq. ft. of Mezzanine in shop area. Solid Masonry Construction, Heavy floor construction.
100% Occupied Diverse Stable Tenant base. 17 Tenants. 7.5 Years Remaining on non-recourse financing. Interest Rate of 5.83%!!!! Principal Balance of $2,860,000. 1% Percent assumption fee. Orland Park address but in Will County. No Cook County Taxes. 2005 Precast Architectural Construction. Actual NOI is actually $311,067.