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Park Corners II Office Space 13500 Circle Dr 11,648 SF 71% Leased Office Building Orland Park, IL 60462 $2,200,000 ($188.87/SF) 5.65% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Class A Office Space
  • High-Visibility Frontage on LaGrange Road
  • Located Near Numerous Amenities

EXECUTIVE SUMMARY

Total Building: ± 11,648 Sq. Ft.
Available: ± 2,500 - 3,500 Sq. Ft.
Lot: ± 1.01 Acres
Year Built: 2008
Parking: Paver Parking Lot
46 Free-Surface Spaces
Taxes: $85,030.40
OPEX: 85,729.28
Sale Price: $2,200,000
In-Place NOI: $147,000

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
11,648 SF
Building Class
B
Year Built
2008
Price
$2,200,000
Price Per SF
$188.87
Cap Rate
5.65%
NOI
$124,307
Percent Leased
71%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,824 SF
Slab To Slab
10’
Building FAR
0.26
Lot Size
1.01 AC
Zoning
Commercial
Parking
46 Spaces (3.95 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 102
  • 747 SF
  • Office
  • Full Build-Out
  • Now

Suite 102 & Suite 104 are contiguous: 3,339 Sq. Ft

  • 1st Fl-Ste 104
  • 2,592 SF
  • Office
  • Full Build-Out
  • Now

Suite 102 & Suite 104 are contiguous: 3,339 Sq. Ft

Space Size Space Use Condition Available
1st Fl-Ste 102 747 SF Office Full Build-Out Now
1st Fl-Ste 104 2,592 SF Office Full Build-Out Now

1st Fl-Ste 102

Size
747 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 104

Size
2,592 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 102

Size 747 SF
Space Use Office
Condition Full Build-Out
Available Now

Suite 102 & Suite 104 are contiguous: 3,339 Sq. Ft

1st Fl-Ste 104

Size 2,592 SF
Space Use Office
Condition Full Build-Out
Available Now

Suite 102 & Suite 104 are contiguous: 3,339 Sq. Ft

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
27-03-101-039-0000
Land Assessment
$137,969
Improvements Assessment
$179,019
Total Assessment
$316,988
  • Listing ID: 34509022

  • Date on Market: 1/16/2025

  • Last Updated:

  • Address: 13500 Circle Dr, Orland Park, IL 60462

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