64 Orland Square DrOrland Park, IL 60462

For Sale
$1,050,000

Prime Orland Park location, high visibility, great investment.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a Class B, multi-tenant executive office building located at 64 Orland Square Dr, Orland Park, IL 60462. The property, known as Park Plaza Suites, boasts high visibility directly across from the Orland Square Mall, ensuring significant foot traffic and brand recognition. The building comprises approximately 130,000 square feet spread across four levels, all conveniently accessible by elevator. Currently operating at 70% occupancy under a gross lease structure, this presents a fantastic opportunity for immediate income generation and future growth. The building features ample common areas and numerous parking spaces for tenants and visitors, enhancing convenience and appeal. The property benefits from shared ownership of common areas with neighboring buildings, contributing to efficient management and cost-effectiveness. The asking price is $1,050,000. With the potential for increased rental rates, this property offers a compelling investment prospect in a prime Orland Park location. The building's size and location make it an ideal investment for those seeking a strong return on investment in a thriving commercial area.

Highlights

  • Asking price: $1,050,000.
  • Class B, 130,000 square foot office building in Orland Park, IL.
  • Multi-tenant, 70% occupancy, gross lease.
  • Prime Orland Park location, high visibility across from Orland Square Mall.
  • Four-level building with elevator access, ample parking, and shared common area ownership.

Property Details for 64 Orland Square Dr

Property type
Other office properties, Office properties
Square Feet
130,000 SF
Class
B

Location Insight

City
Orland Park
County
Cook
State
Illinois
Latitude
41.6165351
Longitude
-87.844046
64 Orland Square Dr, Orland Park, Illinois

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
64 Orland Square Dr
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message