Date
Details
Price
Change
Source
11/22/2024
Listed
$1,385,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,385,000 Just Listed
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Property Description
Fantastic opportunity to own this commercial strip center on 159th St. in the high-traffic area in Orland Hills. This 12,000 sq. ft. brick building sits on a large 1.55 acre lot and currently fully rented spaces that consist of business offices, retail shops, fast food and an automotive shop with garage space. Tons of parking around the entire building with 40+ spaces. Improvements are: New Roof in 2021, paved & striped parking, interior sidewalk & landscaping, 3 HVAC units have been replaced, emergency lighting & security cameras. Great investment in a great location!
Full Property Details
Full Property Details for 8841 159th St
General
- Price: $1,385,000
- Taxes: $104,564 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12215735
- Updated: 11/25/2024
- Added to Site: 3 day(s) ago
Interior
- Interior Features: Accessible Entrance, Accessible Washroom/s, Multi-Tenant, Overhead Door(s), Private Restroom(s)
Additional Information
- Security/Safety: Fire Extinguisher(s), Smoke or Fire Protectors
Parking
- Parking Features: 31 to 50 Spaces
Location
- Area: Orland Hills
- County: Cook
- Township: Orland
- Driving Directions: LaGrange Rd to 159th St. East to 8831-43 building.
- Location Details: Southwest Suburban, Public Transport Avail, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Ceiling Units, Forced Air, Gas
Utilities
- Trash: 2800
- Onsite: Electricity to Site, Gas to Site, Water to Site
Structural Information
- Exterior Const.: Brick
- Stories/Levels: 1
- Square Feet: 12,000
- Current Bldg. Use: Commercial, Office
- # of Stores: 3
- Year Built: 1982
Unit Information
- # Tenants: 6
Lot Features
- Lot Size (Sq. Ft.): 67,518
- Lot Dimensions: 1.55 ACRES
- Potential Use: Commercial, Office and Research, Retail
- Zoning: COMMR
Financial Considerations
- Insurance Fee: $9,758
- Operating Expenses: $40,000
- Other Fee: $21,000
- Security Deposit: Fire Extinguisher/s, Smoke or Fire Protectors
- Assessment Year: 1982
- Tax Amount: $104,564
- Tax Year: 2023
- Tenant Pays: Electricity, Heat, Taxes, Repairs, Scavenger, Sewer, Varies by Tenant
- Pays Electric: 2800
- Pays Trash: 2800
Disclosures and Reports
- Property ID: 27222010150000
Listed by Village Realty, Inc.
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— 8841 159th St —
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NMLS#: 1598647
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Schools
Schools serving 8841 159th St
School Districts:Orland School District 135, Cons High School District 230
| Rating | Name | Grades | Distance |
|---|---|---|---|
|
8801 W 151st St, Orland Park, IL 60462 | 3-5 | 0.9 mi | |
|
Center School
9407 W 151st St, Orland Park, IL 60462 | PK-2 | 1.2 mi | |
|
8851 W 151st St, Orland Park, IL 60462 | 6-8 | 1 mi | |
|
13300 S La Grange Rd, Orland Park, IL 60462 | 9-12 | 3.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8841 159th St
Tax History
Tax History for 8841 159th St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$72,516
6%
$235,834
—
2021
$68,654
5%
$235,834
—
2020
$65,581
13%
$235,834
11%
2019
$57,940
4%
$212,237
—
2018
$55,732
4%
$212,237
—
2017
$53,705
7%
$212,237
13%
2016
$50,068
1%
$187,498
—
2015
$49,513
2%
$187,498
—
2014
$48,779
-3%
$187,498
-9%
2013
$50,431
—
$205,647
—
2012
$50,363
—
$205,647
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8841 159th St
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- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 4Total Baths
- 3,000Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,046Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 3Total Baths
- 2,600Sq. Ft.
- Townhouse
- Active
- Updated 16 hours ago
- 3Beds
- 3Total Baths
- 1,756Sq. Ft.
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- Townhouse
- Active
- Updated 1 day ago
- 3Beds
- 4Total Baths
- 1,900Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 3Total Baths
- 4,001Sq. Ft.
- Single Family
- Active
- Updated 16 hours ago
- 3Beds
- 2Total Baths
- 1,336Sq. Ft.
- Condo / Townhouse
- Active
- Updated 4 days ago
- 3Beds
- 4Total Baths
- 1,800Sq. Ft.
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8841 159th Street, Orland Hills, IL 60487 (MLS# 12215735) is a Commercial property. 8841 159th Street is currently listed for $1,385,000 and was received on November 22, 2024. Want to learn more about 8841 159th Street? Do you have questions about finding other Commercial real estate for sale in Orland Hills? You can browse all Orland Hills real estate or contact a Coldwell Banker agent to request more information.