Centennial Crossings

251-295 Acre Site Orland Park, IL 60467

251-295 Acre Site, Orland Park, IL, 60467
251-295 Acre Site, Orland Park, IL, 60467 251-295 Acre Site, Orland Park, IL, 60467 251-295 Acre Site, Orland Park, IL, 60467 251-295 Acre Site, Orland Park, IL, 60467
FOR SALE
Property Type:
Residential Land Development
Amount:
$10,000,000
Last Verified:
Mar 05, 2025

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Highlights

  • ±251-295 acre commercial development site
  • Proposed annexation of the 20.4-Acre site into the Village of Orland Park
  • Five-minute drive to I-355 four-way interchange via 187th Street
  • Approximately one-mile of I-80 frontage
  • 311,000 VPD on I-80
  • Immediately adjacent to 179th Street Metra Station
  • Seller possesses relevant due diligence materials

Description

Featuring a prime ±251-295 acre vacant land development site, currently in the process of annexation into Orland Park, available for sale. The site offers significant advantages, including economic incentives and access to a high-quality labor pool. Additionally, the planned expansion of I-80—increasing to four lanes in each direction—along with a new highway interchange, will enhance connectivity to the site, linking Will Cook Road and Townline Road.

±251-295-acre residential development site for sale. The 20-acre portion in Homer Glen may be annexed into Orland Park. The site has high visibility located just north of I-80 with approximately 4,630 feet of frontage. The Cook County site can be purchased separately, which is 44.44 acres of the 295 total acres.

Building Size: 0sq ft
Lot Size: 295.0 acres


Documents

Sale OM

Map of 251-295 Acre Site, Orland Park, IL, 60467

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.