Orland Hills, IL 60487,16197 94th AVE
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Orland Hills, IL 60487,16197 94th AVE
Orland Hills, IL 60487,16197 94th AVE
Orland Hills, IL 60487,16197 94th AVE
Orland Hills, IL 60487,16197 94th AVE

$1,250,000

Est. payment /mo

$1,400,000

10.7%
Est.Price: ?

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16197 94th AVE Orland Hills, IL 60487

13,200 SqFt

SOLD DATE : 09/30/2024

Key Details

Sold Price $1,250,000

Property Type Commercial

Sub Type Retail/Stores

Listing Status Sold

Purchase Type For Sale

Square Footage 13,200 sqft

Price per Sqft $94

MLS Listing ID 12041842

Sold Date 09/30/24

Year Built 2006

Annual Tax Amount $97,000

Tax Year 2022

Lot Dimensions 215X218

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.

Location

State IL

County Cook

Area Orland Hills

Zoning COMMR

Interior

Cooling Central Individual

Fireplace N

Building

Level or Stories 1

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Midwest Real Estate Data (MRED) IDX
Listed by Melanie Roman • Keller Williams Preferred Rlty
Bought with Ann Pancotto • Compass

Karen Arenson

Advisor | License ID: 471.000309

+1(773) 501-6201

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