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11504 183rd Place Orland Park, IL 60467 • Commercial - Office • New

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Description

Beautifully built-out, fully renovated, and income-producing office condo now available for sale in the highly desirable Orland Park Business Center! This 2,000 SF suite features 3 private offices, a welcoming waiting area with a fireplace, a reception area, and open workspace. The unit is currently leased to a strong tenant through 2/28/2028, providing immediate and stable cash flow. The space has been completely upgraded with fresh paint throughout, new flooring, updated bathroom fixtures and toilet, and modern LED lighting-creating a truly turnkey investment opportunity! Additional highlights include a new roof (2021), updated landscaping throughout the complex, plenty of parking and LOW WILL COUNTY TAXES! With a strong 9% CAP rate, this is an attractive opportunity for both seasoned investors and those looking to enter the commercial market with a stabilized, income-producing asset.

Property Highlights

Property Type: Commercial - Office
Building Description: 1.0 stories
Year Built: 2002

General Information

County: Will
Listed By:
Olivieri Real Estate LLC 708-719-3444
MRED MLS
$395,000
Est. $2,509/mo
New to the Market New
SQUARE FEET2,000 MLS#12622368
STATUSNew PROPERTY TYPECommercial - Office
TOUR PROPERTY

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Shown By

Sandy Howard
 (563) 357-7649

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11504 183rd Place , Orland Park, IL 60467.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $395,000$395,000$395,000
Down Payment $79,000$13,825$98,750
Monthly Mortgage Amount $1,844$2,325$2,401
Taxes $550$550$550
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$174$0
Monthly Estimated Total $2,509$3,164$3,066

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