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4 Orland Square Dr
Orland Park, IL 60462
Carson's (Zero Cash Flow) · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Department Store
Building Size
163,370 SF
Building Class
B
Year Built/Renovated
1976/2020
Tenancy
Single
Building Height
2 Stories
Building FAR
0.28
Lot Size
13.16 AC
Zoning
B12, Orland Park

ABOUT 4 ORLAND SQUARE DR , ORLAND PARK, IL 60462

Stan Johnson Company is exclusively offering for sale the 163,370 square foot Carson' s department store located in Orland Park (Chicago), Illinois. The property sits on 13.16 acres and is an anchor in the Orland Square Mall, a 1.2 million square foot upscale shopping destination serving the south suburbs of Chicago. Carson' s is operating under an absolute NNN lease with approximately 7.5 years remaining on the primary lease term. The lease features five additional renewal options at five years each with 3% rental increases at the beginning of each renewal option term. Orland Park is located in Cook County, Illinois approximately 25 miles southwest of Chicago' s Loop. It is considered the commercial center of the Chicago Southland Suburban Region with over 11 million square feet of retail located in the village. In addition to Orland Square Mall, retailers in the immediate vicinity of the property include Kohl' s, Marshalls, Dick' s Sporting Goods, Bed Bath & Beyond, Trader Joe' s, Lowe' s, Target, Walmart, Costco, Best Buy, Whole Foods, Life Time Fitness and numerous others. In Association With: Brad Feller, IL Lic #471007951

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
27-10-300-012-0000
Land Assessment
$2,114,141
Improvements Assessment
$585,277
Total Assessment
$2,699,418
  • Listing ID: 3667920

  • Date on Market: 9/23/2016

  • Last Updated:

  • Address: 4 Orland Square Dr, Orland Park, IL 60462

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