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10608 163rd Place

Orland Park, IL 60467
  • $3,199,000
  • STATUS: Active Under Contract
  • ON SITE: 412 Days
  • MLS #: 11248797
Under Contract
UPDATED: 81 min ago
$3,199,000
  • 0
    BEDS
  • 3.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
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. 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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© 2022 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 Rossi and Taylor Realty Group. Based on information submitted to the MRED as of 2022-12-04T22:57:42.113 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 Under Contract
  • On Site: 412 Days
  • Updated: 81 min ago
  • MLS #: 11248797
0
Beds
0
Baths
0
½ Baths
3.22
Acres
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. 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

Exterior Building Type Brick Foundation Details Concrete Perimeter Frontage Type City StreetPublic Road Outdoor Parking Over 100 SpacesCommon ParkingLightedPaved Parking Total 195

Interior Features

Cooling Central Air Flooring CarpetConcreteSlate/MarbleTile Heat Ventilation Central Heat/Indiv ControlsForced AirGas Miscellaneous Inside Elevator/S PassengerOverhead Door/SPrivate Restroom/SBasement Number Of TLDocks 0

Property Features

Additional Parcels YN No Approximate Age 16-25 Years Building Area Total 28243 Built Before1978 YN No Contingency Attorney/Inspection Continue To Show Yes Current Use CommercialOffice Electric Circuit BreakersOver 600 AmpsThree PhaseThree Phase Fire Protection Alarm MonitoredFire Extinguisher/SSprinklers-Wet Geographic Locale Southwest Suburban Gross Income 653508 Gross Scheduled Income 653508 Leasable Area 28243 Mls Actual Status Contingent Net Operating Income 286439 Number Of Tenants 2 Operating Expense 367069 Possible Use CommercialIndustrialOffice And ResearchSpecial UseSingle Room Occupancy Property Offered For Sale Only Tax Annual Amount 192688 Tax Year 2020 Tenant Pays ElectricitySewer Township Orland Type Office/Tech Utilities Electric To SiteGas To SiteWater To Site Zoning Manuf

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Re/Max 10: 708-429-4300.


© 2022 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 Rossi and Taylor Realty Group. Based on information submitted to the MRED as of 2022-12-04T22:57:42.113 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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