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16197 94th Avenue Orland Hills, IL $ 1,500,000
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$ 1,500,000 Get more info
16197 94th Avenue
$ 1,500,000
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16197 94th Avenue

Orland Hills, IL, 60487
$ 1,500,000
Baths0.0 Sq 13,200

Monthly Estimate*

$ 9,969

16197 94th Avenue, Orland Hills, IL 60487 - Image 1
16197 94th Avenue, Orland Hills, IL 60487 - Image 2
16197 94th Avenue, Orland Hills, IL 60487 - Image 3
16197 94th Avenue, Orland Hills, IL 60487 - Image 4
16197 94th Avenue, Orland Hills, IL 60487 - Image 5
16197 94th Avenue, Orland Hills, IL 60487 - Image 6
16197 94th Avenue, Orland Hills, IL 60487 - Image 7
16197 94th Avenue, Orland Hills, IL 60487 - Image 8
16197 94th Avenue, Orland Hills, IL 60487 - Image 9
Studio

Commercial Property for sale in Orland Hills, IL

for $1,500,000. This 13,200 square foot building was built in 2006 on a lot size of 1.03306.

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.

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Commercial Active

Price

$ 1,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 97,000

Style

Lot Size

1.03306

Year Built

2006

Town/City

Orland Hills

County/Region

Cook

MLS | Web ID

12041842
Features
General
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 Retail/Stores
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 N
Leasable Area 3000
Days on Market 16
Standard Status Active
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Exterior
Building Area Total 13200
Lot Dimensions 215X218
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Interior
Street Suffix Avenue
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* Excluded Features
List By
Keller Williams Preferred Rlty

Broker

melanieromansells@gmail.com

Email

Affordability Calculator

$18,053
Per Month
55%
45%
0%
Monthly Principal & Interest
$9,969
Monthly Property Taxes
$8,083
Monthly 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
565567 Elementary School
567955 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
4/29/2024$1,500,000 Listed Price

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16197 94th Avenue, Orland Hills, IL, 60487 is a Commercial Property for sale at $1,500,000 with 13,200 sqft and a lot size of 1.03306. 16197 94th Avenue is a studio with 0.0 baths and was built in 2006. The property's zip code is 60487 which is in Orland Hills, IL

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