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15959 S 108th Ave

10,892 SF Office Building Orland Park, IL 60467 £1,837,088 (£169/SF)

Investment Highlights

  • Ideal Location!
  • Flexible Layout
  • Low Maintenance
  • Entire Building Well Maintained!
  • Plenty of Parking

Executive Summary

SOLD VACANT, NO TENANT! Free standing 10,892 sf office building located on a 63,000-sf site. The property is ideal for Retail, Office, or Industrial use with any required village approvals. Building has 1,100 sf of adaptable DID warehouse space, with a private drive in the back of the building. Potential to subdivide into multi-user building. Building has a backup generator and building, as well as mechanicals have all been well maintained and kept up-to-date. Entire parking lot is concrete, which allows very low maintenance costs compared to asphalt pavement. Lots of possibilities and priced well for a building in great condition and location! Village will not allow Daycare.

Taxes & Operating Expenses (Actual - 2024)

Annual Annual Per SF
Taxes £80,824 £7.42
Operating Expenses £25,101 £2.30

Taxes & Operating Expenses (Actual - 2024)

Taxes
Annual £80,824
Annual Per SF £7.42
Operating Expenses
Annual £25,101
Annual Per SF £2.30
Total Expenses
Annual £105,925
Annual Per SF £9.73

Property Facts

Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
10,892 SF
Building Class
B
Year Built/Renovated
1996/2011
Price
£1,837,088
Price Per SF
£169
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
10,892 SF
Building FAR
0.17
Land Acres
1.45 AC
Zoning
MFG, Orland Park - Always check with the village approved uses. Village will not allow Daycare.
Parking
61 Spaces (5.6 Spaces per 1,000 SF Leased)

Amenities

  • Roof Lights
  • Kitchen
  • High Ceilings
  • Natural Light
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
27-20-204-008-0000
Land Assessment
£154,431
Improvements Assessment
£123,305
Total Assessment
£277,735
Annual Taxes
£80,824 (£7.42/sf)
Tax Year
2024
  • Listing ID: 32357085

  • Date on Market: 05/07/2024

  • Last Updated:

  • Address: 15959 S 108th Ave, Orland Park, IL 60467

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