Recently Listed New Construction 14489 John Humphrey Drive
Orland Park, IL, 60462 $ 4,400,000
Bedrooms-- Baths-- Sq 20,000 Monthly Estimate*
$ 27,092
for $4,400,000. This 20,000 square foot building was built in 2005 on a lot size of 1.38.
An unparalleled investment opportunity to acquire a 20,000 square foot professional office building strategically situated in the heart of Orland Park's thriving Medical Corridor. Divided into four flexible ~5,000SF units, this property offers a dynamic blend of immediate income via a proposed Sale-Leaseback and substantial value-add potential through the lease-up of ~12,000 SF of premium space. Its location and configuration make it ideal for medical, biotech, and professional office tenants seeking proximity to major healthcare facilities, robust patient demographics, and access to major thoroughfare. Building Configuration and Investment Upside: The property features four distinct suites, offering flexible leasing strategies for the investor: CURRENT MONTHLY INCOME-$16,833 POTENTIAL MONTHLY INCOME-$33,333 - Unit 1S (Ground Floor-~5,000 SF): Immediate Cash Flow Sale-Leaseback Opportunity: The current owner/occupant is offering to remain as a tenant, securing the buyer with immediate, stabilized cash flow at an estimated rate of $20.00SF NNN. - Unit 1N (Ground Floor - ~5,000 SF): Ideal for Medical Users- Presented in shell condition, this space is a perfect fit for a Medical User requiring a highly customized build-out, capitalizing on the property's prime location within the medical cluster. - Unit 2S (Second Floor -~5,000 SF): Specialized/Office Use Value-Add Potential: This floor is suited for a range of uses, from traditional office to specialized needs like a Biotech company or micro-office suite, allowing an investor to achieve full occupancy and maximize the property's $400,000 potential Gross Annual Income (GRI). - Unit 2N (Second Floor- ~5,000 SF) ~3000 Sf rented for $6000, and there is ~ 2000 sf vacant. (Separate owner). This beautifully constructed two-story office building currently has 4,899 SF of office/medical space for sale in the heart of Orland Park. An ideal owner-user investment opportunity. The buyer can occupy 1,959 SF while collecting rental income from the remaining 2,940 SF of leased space. The property is well maintained and features ample parking along with large windows wrapping the entire building, flooding the interior with natural light. Suite 200 (Vacant) showcases a high-end build-out with quality finishes throughout. Elegant details such as solid mahogany doors, wainscoting throughout, and striking double glass entry doors create a refined and professional atmosphere. This is a PRIME office space that truly leaves a lasting impression!
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FeaturesGeneralCooling Central Air
Zoning COMMR
Year Built 2005
Electric Service - 201 to 600 Amps
Stories Count 2
Tax Year 2024
Current Use Medical/Dental
Gross Income 171996
County Cook
Net Operating Income 171996
Operating Expense 0
Property Type Commercial Sale Office/Tech
Status Active
Directions W 143 to John Humphrey Dr
City Orland Park
Number Of Units Total 4
MLS Area Orland Park
Lot Size Square Feet 60113
Tax Annual Amount 112581.3
Additional Parcels Y/N Y
Leasable Area 20000
Standard Status Active
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ExteriorBuilding Area Total 20000
Lot Dimensions 60113
Lot Size Acres 1.38
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* Excluded FeaturesList ByColdwell Banker RealtyBroker
rocco.zaccaro@cbrealty.com;rocco.zaccaro@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $27,092
- Monthly Property Taxes
- $9,382
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyCommerical listings in Orland Park, IL
Average List Price $761,045
Percent of Sale Price 83%
About Orland Park, IL 58,185 Population
11% Since 2002
$ 85,118 Median Income
45.5 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/12/2026 | $4,400,000 | | Listed Price |