8650 159thOrland Park, IL 60462

  • Retail properties
  • 0.57 AC
For Lease
$15/SF/YR View listing

Property Details for 8650 159th

Year built
1988
Lot size
0.57 AC
Property type
Retail properties
Property subtype
Retail space
APN
27-14-302-001
APU
2714302001

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,831,189
    6.5%
    $10,921,097
    7%
    $10,141,019
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,220,192
    Geo Method
    $8,220,192
  • Alternative Use

    Use
    Valuation
    Residential
    $9,212,354
    Hospitality
    $8,438,467
    Educational
    $7,020,706
    Medical
    $7,262,158
    Retail
    $10,921,097
8650 159th, Orland Park, Illinois

Location Insight

City
Orland Park
County
Cook
State
Illinois
Latitude
41.6023
Longitude
-87.8298
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $12,351
  • Assessed land value
    $75,132
  • Assessed value
    $87,483
  • Tax year
    2022
  • Tax bill
    $26,207

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