64 Orland Square Drive Orland Park, IL ^$ 1,100,000

64 Orland Square Drive

^$ 1,100,000

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64 Orland Square Drive

Orland Park, IL, 60462

^$ 1,100,000

Studio Baths0.0 Sq 16,000

Monthly Estimate*

^$ 7,311

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Studio

Commercial Property for sale in Orland Park, IL

for $1,100,000. This 16,000 square foot building was built in 1976 on a lot size of 0.107438.

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!

Commercial Active

Price

^$ 1,100,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 79,500

Style

Office

Lot Size

0.107438

Year Built

1976

Town/City

Orland Park

County/Region

Cook

MLS | Web ID

11797067

Features

General

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 Office/Tech

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 Y

Leasable Area 0

Days on Market 358

Standard Status Active

Exterior

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

Interior

Street Suffix Drive

* Excluded Features

List By

Re/Max 10

Broker

daveshalabi@gmail.com

Affordability Calculator

$13,936

Per Month

Monthly Principal & Interest: $7,311
Monthly Property Taxes: $6,625
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Orland Park, IL

Average List Price ^$793,181

Percent of Sale Price 28%

About Orland Park, IL

58,185 Population

11% Since 2002

^$85,118 Median Income

45.5 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/19/2024	$1,100,000	-8.33%	Price Down
7/13/2023	$1,200,000	-7.69%	Price Down
6/1/2023	$1,300,000		Listed Price

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64 Orland Square Drive, Orland Park, IL, 60462 is a Commercial Property for sale at $1,100,000 with 16,000 sqft and a lot size of 0.107438. 64 Orland Square Drive is a studio with 0.0 baths and was built in 1976. The property's zip code is 60462 which is in Orland Park, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 6/11/2024.

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64 Orland Square Drive

Commercial Property for sale in Orland Park, IL

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