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14314 Beacon Avenue Orland Park, IL $ 749,900
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$ 749,900 Get more info
14314 Beacon Avenue
$ 749,900
Back to search
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14314 Beacon Avenue

Orland Park, IL, 60462
$ 749,900
Baths0.0 Sq 3,200

Monthly Estimate*

$ 4,491

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Studio

Commercial Property for sale in Orland Park, IL

for $749,900. This 3,200 square foot building was built in 1921 on a lot size of 0.093549.

Turn-Key investment property is Old Orland Historic District! Located on the corner of 143rd Street & Beacon Ave is this 3 unit building! 2 Apartments and first floor retail space. All 3 units rent quickly & easily and all have current leases in place. This building was bought in 2019 and since has been completely transformed. This building has a perfect mix of being updated while still maintaining the charm of an older building. The 2 bedroom apartment rents for $1900. The 1 bedroom apartment rents for $1500. The first floor retail space rents for approximately $3000. There is a 2 car detached garage that is currently used for storage. There is also a beautiful patio that is used by the business for hosting events. Great visibility, traffic, and curb appeal! Plenty of parking for this building.

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Commercial Active

Price

$ 749,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 12,702

Style

Lot Size

0.093549

Year Built

1921

Town/City

Orland Park

County/Region

Cook

MLS | Web ID

12061522
Features
General
Cooling Central Air
Possession Closing
Zoning RTAIL
Year Built 1921
Electric Service - 101 to 200 Amps
Tenant Pays Other
Stories 2
Township Orland
Property SubType Apts/Stores
Tax Year 2022
Gross Income 76800
County Cook
Net Operating Income 53805
Operating Expense 22002
Insurance Expense 3000
Property Type Commercial Sale Mixed Use
Possible Use Retail
Status Active
Directions LaGrange Rd to 143rd St west to Beacon
City Orland Park
NumberOfUnitsTotal 3
MLS Area Orland Park
Lot Size Square Feet 4075
Tax Annual Amount 12702
Electric Expense 2000
Fuel Expense 2000
Trash Expense 500
Water Sewer Expense 500
Additional Parcels Y/N Y
Days on Market 112
Lease Type Net
Standard Status Active
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Interior
Flooring Wood
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Exterior
Building Area Total 3200
Lot Dimensions 4075 SQUARE FEET
Exterior Vinyl Siding Cedar
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* Excluded Features
List By
Village Realty, Inc.

Broker

michael@vrsrealty.com;realtormichaelglenn@gmail.com

Email

Affordability Calculator

$5,550
Per Month
81%
19%
0%
Monthly Principal & Interest
$4,491
Monthly Property Taxes
$1,059
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/21/2024$749,900 Listed Price

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14314 Beacon Avenue, Orland Park, IL, 60462 is a Commercial Property for sale at $749,900 with 3,200 sqft and a lot size of 0.093549. 14314 Beacon Avenue is a studio with 0.0 baths and was built in 1921. The property's zip code is 60462 which is in Orland Park, IL

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