14474-90 South LaGrange Road
Orland Park, IL
Retail for Sale - $1,525,000 - 10,800 Sq. Ft. on 0.85 acres
Property Info
| CIMLS# | 121280 |
| Location 14474-90 South LaGrange Road Orland Park IL 60462 | |
| Updated | April 1st, 2011 |
| Type | Retail |
| Price | $1,525,000 |
| Building | 10,800 Sq. Ft. |
| Land | 0.85 acres |
Property Description
Marcus & Millichap presents the opportunity to acquire a 10,800-square foot shopping center located in the affluent Chicago suburb of Orland Park. The property benefits from significant frontage on LaGrange Road, a proven south suburban retail corridor. The property is occupied by five proven local tenants. A new owner will realize a 10.65 percent annualized cash-on-cash return upon purchase. Additional value can be added through leasing a currently vacant 1,800-square foot space.
Orland Park is located 25 miles southwest of downtown Chicago. With a population of over 50,000 people and an average household income of approximately $100,000, Orland Park is consistently ranked as one of the nation's top suburban communities. In 2006, Money Magazine awarded Orland Park the title of
