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.