Orland Park, IL
Commercial Real Estate Market Trends & Data

$555 per SF Avg asking sale price
$20 per SF Avg asking lease rate
7,801 SF Avg unit lease size
22,586 SF Avg building size for sale
6.33% Average cap rate

Orland Park's Demographic Profile

Orland Park has 22,267 households and a median income of $92,927, providing context for rent absorption and tenant demand across retail and multifamily assets. A -3% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 58,033
# Households 22,267
Median age 47
Median household income $92,927
Avg household size 3.0
Renter-occupied housing units 3,000
5-year population change -3%

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↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Orland Park $172 21,066 SF 7.64%
Tinley Park $162 25,256 SF 10.00%
Palos Park $228 18,564 SF 7.64%
Nearby Retail Markets Avg Cost/SF Typical Size
Orland Park $536 30,981 SF
Tinley Park $437 15,687 SF
Oak Forest $143 12,249 SF
Palos Park $216 3,784 SF
Palos Heights $272 6,284 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Midlothian $210 4,350 SF 7.82%
Blue Island $83 77,172 SF 8.23%
Harvey $99 14,810 SF 8.51%

Commercial Properties For Sale in Orland Park

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

10211 191st St

Mokena, IL 60448

  • 30,000 SF Industrial Building
  • Price Upon Request
For Sale

7 Brew

Tinley Park, IL 60477

  • 510 SF Retail Building
  • 5.50% Cap Rate
  • $2,091,000
For Sale

66 Orland Square

Orland Park, IL 60462

  • 83,827 SF Retail Building
  • 7.83% Cap Rate
  • $12,200,000
For Sale

14489 John Humphrey Dr

Orland Park, IL 60462

  • 20,000 SF Office Building
  • 7.00% Cap Rate
  • $1,000,000
For Sale

Park Hils Car Wash

Tinley Park, IL 60487

  • 18,184 SF Specialty
  • $3,900,000
For Sale

Orland Park One-Acre Vacant Land

Orland Park, IL 60467

  • 1.03 AC Lot
  • 1 Residential Income Lot
  • $219,900

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

Where Multifamily Asking Prices Are Rising and Falling in 2026
Where Multifamily Asking Prices Are Rising and Falling in 2026
LoopNet listing data from November 2025 through March 2026 reveals a supply-driven split in multifamily asking prices across U.S. markets, and what it means for investors deciding where to buy.
Online Auctions vs. Traditional Sales
Online Auctions vs. Traditional Sales
Learn how you can strategically use the two transaction methods to achieve stronger outcomes, whether that's a faster deal, maximized sales price, or a low risk of fallouts.
What Are Leasehold Improvements?
What Are Leasehold Improvements?
A complete guide to leasehold improvements, including what qualifies, who owns them, how they affect taxes, and how to maximize their value.
Straight-Line Depreciation in Commercial Real Estate
Straight-Line Depreciation in Commercial Real Estate
Understand how straight-line depreciation works, when to use it, and how it affects your after-tax returns across every stage of ownership.
Small vs. Large Multifamily Real Estate Investing
Small vs. Large Multifamily Real Estate Investing
Compare financing, cash flow, risk, and exit options so you can choose the right property size for your goals.
Spec Suites: A Powerful Tool in the Battle To Fill Office Space
Spec Suites: A Powerful Tool in the Battle To Fill Office Space
New Space, Quick Occupancy, No Construction
Force Majeure Clause
Force Majeure Clause
Understand how force majeure clauses work in commercial real estate leases, including what they cover, when they apply, and how to draft them to manage risk.

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Orland Park pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Orland Park $555 22,586 SF
Orland Hills $214 18,184 SF
Tinley Park $541 21,661 SF
Oak Forest $1,548 13,194 SF
Palos Park $308 12,652 SF

Regional Demographic Comparison

This comparison places Orland Park alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Orland Park or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Orland Park 58,033 22,267 47 $92,927 3 3,000 -3%
Orland Hills 6,298 2,229 40 $93,635 3 574 -4%
Tinley Park 54,245 21,190 44 $91,838 3 3,400 -3%
Oak Forest 26,462 9,906 41 $81,331 3 2,183 -3%
Palos Park 4,962 1,881 53 $115,776 3 103 -2%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Orland Park, IL and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Orland Park

View All Commercial Real Estate For Sale in Orland Park
Is Orland Park a good market for a first-time commercial real estate investor?

Orland Park offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Orland Park?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Orland Park. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Orland Park?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Orland Park. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Orland Park compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Orland Park. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Orland Park acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Orland Park, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

Nearby Market Trends