64 Orland Square DrOrland Park, IL 60462

  • Retail space
  • 0.11 AC
For Sale
$1,050,000 View listing

Property Details for 64 Orland Square Dr

Year built
1976
Lot size
0.11 AC
Property type
Retail space
Property subtype
Storefront properties
APN
27-10-301-013
APU
2710301013

Description

This exceptional Orland Park office building offers a fantastic opportunity for businesses seeking immediate occupancy. The building boasts 5,000 square feet of pristine, professionally managed space, divided into three suites. Individual suites range from a minimum of 300 square feet to a maximum contiguous space of 1,500 square feet, providing flexibility for various business needs. The building features a convenient elevator, abundant natural light, and some units offer picturesque pond views. Its prime location ensures maximum exposure, with easy access to major expressways and nearby shopping amenities. The building's excellent condition and layout create a professional and inviting atmosphere, ideal for establishing or expanding your business presence. Multiple suites are available for immediate lease, allowing for quick and efficient relocation or expansion. This is a rare opportunity to secure high-quality office space in a highly desirable location. Contact us today to schedule a viewing and secure your ideal workspace. The building is located in Cook County.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,210,907
    6.5%
    $2,040,838
    7%
    $1,895,064
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,536,116
    Geo Method
    $1,536,116
  • Alternative Use

    Use
    Valuation
    Residential
    $1,721,523
    Hospitality
    $1,576,906
    Educational
    $1,311,967
    Medical
    $1,357,088
    Retail
    $2,040,838

Location Insight

City
Orland Park
County
Cook
State
Illinois
Latitude
41.6166
Longitude
-87.8441
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$82,380
$17,550
$257,450
$275,000
-
$70,200
$1,029,800
$1,100,000

FAQs

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