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    10608 163rd Place

    Orland Park, IL 60467
    • $3,199,000
    • STATUS: Active
    • ON SITE: 40 days
    • MLS #: 11039410
    UPDATED: 29 min ago
    $3,199,000
    • 0
      BEDS
    • 3.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 28,243
      SQFT
    • $113
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2003
    County:
    Area:

    School Ratings & Info

    Description

    THIS 2 STORY STEEL & MASONRY OFFICE BUILDING HAS 28,243 SF OF USABLE SPACE PLUS AN ADDITIONAL 11,218 SF IN THE BASEMENT ON 3.22 ACRES. PROPERTY TAXES HAVE BEEN APPLEALED & ARE REDUCED BY 13.5% FOR 2020 TAX YEAR. HAS LOTS OF OFFICE SPACE AND KITCHENS. SELLER OCCUPIES THE 2nd FLOOR AND TENANT OCCUPIES THE 1st FLOOR. CURRENT LEASE FOR TENANT EXPIRES AUGUST 2021 BUT IS WILLING TO EXTEND LEASE WITH BUYER OR VACATE. SELLER IS OPEN TO NEGOTIATING A SALE/LEASEBACK OR WILL VACATE AS WELL. PERFECT FOR OWNER USER OR INVESTOR. HAS AN ELEVATOR WITH ACCESS TO ALL 3 LEVELS. THE 1st FLOOR IS PURPOSE BUILT FOR THE TENANT. BUILDING HAS FIRE SPRINKLER SYSTEM & FIRE ALARM. LOTS OF POWER TO THE BUILDING. PLENTY OF PARKING. CLOSE TO LAGRANGE & I-80.

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2021-05-12T07:51:40.14 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    10608 163rd Place Orland Park, IL 60467

    • Price: $3,199,000
    • Status: Active
    • Updated: 29 min ago
    • MLS #: 11039410
    0
    Beds
    0
    Baths
    0
    ½ Baths
    3.22
    Acres
    28,243
    SQFT
    $113
    $/SQFT
    2003
    Built
    Neighborhood:
    Orland Park
    County:
    Cook
    Area:
    Orland Park
    Property Description
    THIS 2 STORY STEEL & MASONRY OFFICE BUILDING HAS 28,243 SF OF USABLE SPACE PLUS AN ADDITIONAL 11,218 SF IN THE BASEMENT ON 3.22 ACRES. PROPERTY TAXES HAVE BEEN APPLEALED & ARE REDUCED BY 13.5% FOR 2020 TAX YEAR. HAS LOTS OF OFFICE SPACE AND KITCHENS. SELLER OCCUPIES THE 2nd FLOOR AND TENANT OCCUPIES THE 1st FLOOR. CURRENT LEASE FOR TENANT EXPIRES AUGUST 2021 BUT IS WILLING TO EXTEND LEASE WITH BUYER OR VACATE. SELLER IS OPEN TO NEGOTIATING A SALE/LEASEBACK OR WILL VACATE AS WELL. PERFECT FOR OWNER USER OR INVESTOR. HAS AN ELEVATOR WITH ACCESS TO ALL 3 LEVELS. THE 1st FLOOR IS PURPOSE BUILT FOR THE TENANT. BUILDING HAS FIRE SPRINKLER SYSTEM & FIRE ALARM. LOTS OF POWER TO THE BUILDING. PLENTY OF PARKING. CLOSE TO LAGRANGE & I-80.
    Exterior Features

    Construction Materials BrickConcreteSteel Siding Foundation Details Concrete Perimeter Frontage Type City StreetPublic Road Number Of Drive In Doors 2 Number Of TLDocks 0 Outdoor Parking Over 100 SpacesCommon ParkingLightedPaved Parking Total 195

    Interior Features

    Cooling Central Air Electric Circuit BreakersOver 600 Amps3 Phase3 Phase Fire Protection Alarm MonitoredFire Extinguisher/SSprinklers-Wet Flooring CarpetConcreteSlate/MarbleTile Heat Ventilation Central Heat/Indiv ControlsForced AirGas Leasable Area 28243 Miscellaneous Inside Elevator/S PassengerOverhead Door/SPrivate Restroom/SBasement

    Property Features

    Additional Parcels YN No Built Before1978 YN No Current Use CommercialOffice Existing Lease Type N/A Exterior Building Type Brick Extra Storage Spaces Available YN Yes Geographic Locale Southwest Suburban Gross Income 295080 Gross Scheduled Income 295080 Investment YN Yes Lot Size Dimensions 434 X 325 Min Avail Sq Ft Rentable 28243 Number Of Tenants 2 Operating Expense 221354 Possible Use CommercialIndustrialOffice And ResearchSpecial UseSingle Room Occupancy Property Offered For Sale Only Tax Annual Amount 221354 Tax Year 2019 Tenant Pays ElectricitySewer Unincorporated YN No Utilities Electric To SiteGas To SiteWater To Site Zoning Manuf

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Re/Max 1st Service.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2021-05-12T07:51:40.14 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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