11504 183rd Place Orland Park, IL $ 395,000
11504 183rd Place
$ 395,000
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11504 183rd Place

Orland Park, IL, 60467
$ 395,000
Bedrooms-- Baths-- Sq 2,000

Monthly Estimate*

$ 2,432

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Commercial Property for sale in Orland Park, IL

for $395,000. This 2,000 square foot building was built in 2002.

Beautifully built-out, fully renovated, and income-producing office condo now available for sale in the highly desirable Orland Park Business Center! This 2,000 SF suite features 3 private offices, a welcoming waiting area with a fireplace, a reception area, and open workspace. The unit is currently leased to a strong tenant through 2/28/2028, providing immediate and stable cash flow. The space has been completely upgraded with fresh paint throughout, new flooring, updated bathroom fixtures and toilet, and modern LED lighting-creating a truly turnkey investment opportunity! Additional highlights include a new roof (2021), updated landscaping throughout the complex, plenty of parking and LOW WILL COUNTY TAXES! With a strong 9% CAP rate, this is an attractive opportunity for both seasoned investors and those looking to enter the commercial market with a stabilized, income-producing asset.

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Commercial Active

Price

$ 395,000

Property Type

Commercial

Taxes

$ 5,681

Style

Year Built

2002

Town/City

Orland Park

County/Region

Cook

MLS | Web ID

12622368

Features
General
Cooling Central Air
Zoning OFFIC
Construction Materials Brick
Year Built 2002
Electric Circuit Breakers Separate Meters
Tenant Pays Electricity Heat Insurance
Stories Count 1
Property Subtype Office
Tax Year 2024
Gross Income 47379
County Will
Net Operating Income 35818
Operating Expense 13561
Property Type Commercial Sale Office/Tech
Status New
Directions I-80 to Rt. 45/Lagrange South to 191st West to Wolf Rd. North to 183rd
City Orland Park
Number Of Units Total 1
MLS Area Orland Park
Lot Size Square Feet 0
Tax Annual Amount 5681
Additional Parcels Y/N N
Leasable Area 2000
Standard Status Active
Cap Rate 9.1
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Exterior
Building Area Total 2000
Lot Dimensions COMMON
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* Excluded Features
List By
Olivieri Real Estate Llc

Broker

jackie@orepm.com

Email

Affordability Calculator

$2,905
Per Month
84%
16%
0%
Monthly Principal & Interest
$2,432
Monthly Property Taxes
$473
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.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/17/2026$395,000 Listed Price

Map


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11504 183rd Place, Orland Park, IL, 60467 is a Commercial Property for sale at $395,000 with 2,000 sqft. 11504 183rd Place was built in 2002. The property's zip code is 60467 which is in Orland Park, IL