| Sale Price: | $899,000 |
| Property Type: | Land |
| Lot Size: | 20,569 SF |
For Sale, Ground lease, or Build-to-Suit opportunity. -/+20,550sf Prime Outlot Pad fronting Lagrange Rd across the street from Orland Square Shopping Mall. The lot dimensions are (150' x 137') There is 150ft frontage along La Grange Rd. The site has prime visibility from La Grange Road.
Orland Park is a southwest suburb of Chicago with a population of approximately 59,000 residents. Orland Park is considered the economic engine to the Southwest suburbs given its commercial, medical and financial strength. Neighboring towns of Palos Heights, Palos Hills, and Palos Park to the north, Tinley Park to the east, Homer Glen to the west and Frankfort, Mokena all avail themselves of the retail, restaurant and recreational amenities in Orland Park. Orland Park is bordered to the south by I-80, which provides a 40-minute drive to Downtown Chicago. There are three Metra Commuter transfer stations serving Orland Park, with regular daily trains to Chicago. The three-mile radius incomes of $119,255/average and $96,108/median indicate a strong base for purchasing power and economic growth. The five-mile numbers, based on a population of 164,174, expand the trade areas’ strength. The area is known for its fine dining restaurants, activity centers, shopping destinations, Orland Square Mall, Marcus Theatre and many other amenities. Orland Park has plenty of recreational facilities such as Centennial Park Aquatic Center, Sportplex of Orland Park, a state of the art Library, and more.
| 1 Miles | 3 Miles | 5 Miles | |
|---|---|---|---|
| Total households | 3,989 | 25,942 | 63,700 |
| Total population | 10,076 | 66,424 | 164,109 |
| Persons per household | 2.5 | 2.6 | 2.6 |
| Average household income | $117,850 | $128,809 | $132,832 |
| Per capita income | $47,140 | $49,541 | $51,089 |
| Average house value | $381,022 | $387,726 | $376,086 |
| Average age | 43 | 45 | 45 |
| Average age male | 41 | 43 | 43 |
| Average age female | 44 | 46 | 46 |
| Population hispanic | 13.5% | 9.7% | 9.5% |
| Population non-hispanic | 8,719 | 59,983 | 148,562 |
| Population white | 78.0% | 80.9% | 81.8% |
| Population black | 4.4% | 4.4% | 4.3% |
| Population american indian | 0.4% | 0.2% | 0.2% |
| Population asian | 3.9% | 4.4% | 3.9% |
| Population pacific islander | 0.0% | 0.0% | 0.0% |
| Population other | 5.0% | 3.0% | 2.8% |