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16153 S La Grange Rd
Orland Park, IL 60467
Houlihan's Restaurant & Bar I Ground Lease · Retail Property For Sale
PROPERTY FACTS
About 16153 S La Grange Rd , Orland Park, IL 60467
Marcus & Millichap is pleased to present an 8,000 square-foot freestanding Houlihan’s Restaurant & Bar located along the 4-lane highway of South La Grange Road / IL Route 45, a major north-south thoroughfare in Orland Park, Illinois. Currently, there are approximately 5 years remaining on Houlihan’s original 15 year ground lease with zero landlord responsibilities. In addition to the 5 years remaining, Houlihan’s has three, fiveyear options to extend with 10 percent rental increases in each option period. The village of Orland Park is located in southwest Cook County, Illinois and is located approximately 25 miles southwest of Chicago’s Downtown Loop. Orland Park is conveniently located to several interstate highways including Interstates 55 and 80. The offering is surrounded by a strong mix of national tenants including: Walmart, Costco, Lifetime Fitness, Rock Bottom Brewery, Five Below, PetSmart, Aldi Grocery, Target, Jewel Osco, Best Buy, JoAnn Fabrics, and Shoe Carnival, as well as 290,000 residents and numerous schools in the trade area.
PROPERTY TAXES
Parcel Number | 27-22-102-049-0000 | Improvements Assessment | $146,240 |
Land Assessment | $348,124 | Total Assessment | $494,364 |
PROPERTY TAXES
Listing ID: 9842986
Date on Market: 11/2/2017
Last Updated:
Address: 16153 S La Grange Rd, Orland Park, IL 60467
The Retail Property at 16153 S La Grange Rd, Orland Park, IL 60467 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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