1.25 Acre Chicago Msa Site

Land Description

Investment Highlights:

- ±1.25 Acres of Commercial Land Development Site in Dense Retail Trade Area

- Affluent Consumer Base with 5-Mile Average Household Income of $129,511 and +177,000 Individuals

- ±40,493 VPD Traffic Counts on LaGrange Rd (Us-45) and Near Signalized Intersection with 8,764 Vpd

- Nearby National Retail: Walmart, Whole Foods, Hobby Lobby, Kohl's, Wendy's, Costco, Target, Best Buy, Aldi, and many more

- Favorable Cor, Mixed Use District Zoning with Flexible Permitted Uses including Self-Storage (special use)

- First-of-its-kind ±230,000 SF Amazon Superstore Expected to Open in 2027, approximately 1-Mile from Property

- Absolute $1 Auction - NO Reserve

Offering Summary:

Marcus & Millichap is pleased to present the opportunity to acquire the fee simple interest in ±1.25 acres of commercial land at 16600 & 16661 96th Avenue in Orland Park, IL 60467 (the “Property”). The Property represents a compelling opportunity for investors, developers, or owner-users to acquire a well-located development site in a dense retail trade area and surrounded by big box retailers. First BID Meets Reserve.

The Property benefits from visibility along 96th Avenue (LaGrange Rd/US-45) with traffic counts of ±40,493 vehicles per day and just off W 167th Street (±8,764 Vpd), providing strong visibility and accessibility. Situated across from Advocate Medical Group Outpatient Center and 1.2-Miles from a Walmart anchored retail center, the Property is well-positioned to capture both commuter and neighborhood traffic serving the surrounding Orland Park trade area. The current zoning district for the Property is Cor, Mixed Use District allowing for a variety of commercial uses including retail, financial, personal service, restaurant, self-storage (special use), and more.

Orland Park, Illinois is a well-established, affluent southwest suburban Chicago submarket known for its strong household incomes, dense consumer base, and dominant regional retail presence along major corridors like La Grange Road and 159th Street. The Property offers convenient access to major transportation routes, located just ±2.5 miles from I-80 (100,376 Vpd), with additional connectivity via Us-6 (Grand Army of the Republic Hwy/ W 159th ST) with 26,438 Vpd, and Metra rail. Recent approval of a first-of-its-kind 230,000-Square-Foot Amazon supercenter retail store with additional commercial outlot potential further highlights continued retailer interest and investment in one of Orland Park's most visible corridors. This new Amazon Superstore will be located at 159th Street and La Grange Rd, less than a mile from the Property, and is expected to open in 2027. The surrounding retail corridor includes Walmart, Whole Foods, Hobby Lobby, Kohl's, Wendy's, Costco, Target, Best Buy, Aldi, generating strong tenant synergy and consistent crossover traffic. Supported by dense demographics and proximity to daily-needs retail, the Property is well positioned for future commercial development and long-term investment upside. The Property is located in an area that serves 78,664 people within a 3-mile area and ±177,811 individuals with an Ahhi of ±$129,511 within a 5-mile area further enhancing the area's retail potential. The population has experienced stable growth from 2020-2025 with future growth expected to continue through 2030. For commercial real estate investors unfamiliar with the market, Orland Park offers exposure to a high-barrier suburban node with strong demographics, established retail gravity, and ongoing commercial reinvestment.