11000-11060 W 179th St - Storefront FOR SALE


Orland Park, IL 60467
$2,800,000 USD
312-402-0737
11000-11060 W 179th St, Orland Park, IL for Sale
$2,800,000 USD
Storefront - FOR SALE
1/6
null | 8.47% Cap Rate

11000-11060 W 179th St
Orland Park, IL 60467


HIGHLIGHTS

  • 100% leased retail center generating stable cash flow with an 8.47% cap rate.
  • Located in Orland Park, a major retail hub within the Chicago metropolitan area.
  • Excellent access to U.S. Route 45, I-80, and the Orland Park Metra Station.
  • Surrounded by national retailers, dining, and service amenities.
  • Strong local demographics with high household incomes and steady population growth.
  • Ample on-site parking with 45 spaces supporting customer convenience.

OVERVIEW

This fully leased retail strip center offers a compelling investment opportunity in the thriving Orland Park submarket of the Chicago metropolitan area. The property spans 17,263 square feet and is situated on approximately 1.66 acres, providing a stable income stream with an 8.47% cap rate and a reported NOI of $237,050. Featuring multiple tenants and two anchor occupants, the center benefits from consistent occupancy and diversified income sources. Positioned along W 179th Street, the property enjoys strong visibility and convenient access to major thoroughfares, including La Grange Road (U.S. Route 45) and I-80, which connect to the broader Chicago region. The site is less than one mile from the Orland Park 179th Street Metra Station, offering commuter rail service to downtown Chicago, and is within a short drive to Chicago Midway International Airport. The surrounding area is characterized by robust demographics, with a five-mile population exceeding 145,000 and median household incomes above $100,000, supporting strong retail demand. This asset is located in a well-established retail corridor near national brands, dining, and service providers, ensuring steady consumer traffic. With its combination of full occupancy, strong tenant mix, and strategic location, this property represents a turnkey investment in a high-demand suburban market.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$162 USD /SF

CAP RATE

8.47%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Marley Creek - Anchored Retail Strip Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

1.66 AC

LAND SF

72,310 SF

ZONING

RSB, Orland Park

APN/PARCEL ID

27-32-101-012-0000

ASK ABOUT THIS PROPERTY

Tad LagesteeGAINMore Info
312-402-0737

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Tad LagesteeGAINMore Info
312-402-0737

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.