Property for Sale: 16197 94th, Orland Hills, IL 60487 SOLD
$1,250,000
$1,250,000
16197 94th,
Orland Hills, IL 60487 SOLD
$1,250,000
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Selling Price: $1,250,000
Original List Price: $1,500,000
Sold at 83.3% of list price
Sold Date: 09/30/2024
Type Commercial
Year Built 2006
City Orland Hills
County Cook
MLS 12041842
Status Closed
Commercial opportunity in high traffic area close to 159th & 94th Ave in Orland Hills. Built in 2006 this 13,200 sq ft plaza sits on 45,000 sq ft lot and offers 40 parking spots. Some of the tenants include grocery mart, fast food, barber, cleaners, bakery & smoke shop. One vacant 1400 sq ft unit for lease with multiple inquiries. When this unit is leased we will be at a 7.5% cap rate. Leases are currently gross so potential to increase NOI.
Lot & Building Features
Cooling Central Individual
Tax Year 2022
Lot Dimensions 215X218 ft
Price History of 16197 94th, Orland Hills, IL
| Date | Name | Price | Difference |
|---|---|---|---|
| 07/10/2024 | Price Adjustment | $1,250,000 | 16.67% |
| 12/31/1969 | Listing Price | $1,500,000 | N/A |
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed. |
Listed by Keller Williams Preferred Rlty, Melanie Roman
Sold by Compass, Ann Pancotto
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 Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information courtesy of: Keller Williams Preferred Rlty |