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$395,000 Just Listed

  • For Sale
  • Active
  • Office
  • 2,000 Sq. Ft.
  • Updated 22 hours ago
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Beautifully built-out, fully renovated, and income-producing office condo now available for sale in the highly desirable Orland Park Business Center! This 2,000 SF suite features 3 private offices, a welcoming waiting area with a fireplace, a reception area, and open workspace. The unit is currently leased to a strong tenant through 2/28/2028, providing immediate and stable cash flow. The space has been completely upgraded with fresh paint throughout, new flooring, updated bathroom fixtures and toilet, and modern LED lighting-creating a truly turnkey investment opportunity! Additional highlights include a new roof (2021), updated landscaping throughout the complex, plenty of parking and LOW WILL COUNTY TAXES! With a strong 9% CAP rate, this is an attractive opportunity for both seasoned investors and those looking to enter the commercial market with a stabilized, income-producing asset.

Full Property Details for 11504 183rd Pl

General

  • Price: $395,000
  • Taxes: $5,681 (2024)
  • Status: Active
  • Type: Office
  • Source: MRED
  • MLS ID: 12622368
  • Updated: 4/17/2026
  • Added to Site: 1 day(s) ago

Additional Information

  • Security/Safety: Alarm Monitored, Fire Extinguisher(s)

Location

  • Area: Orland Park
  • County: Will
  • Driving Directions: I-80 to Rt. 45/Lagrange South to 191st West to Wolf Rd. North to 183rd
  • Location Details: Southwest Suburban

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Air

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Stories/Levels: 1
  • Square Feet: 2,000
  • Year Built: 2002

Unit Information

  • # Tenants: 1

Lot Features

  • Lot Dimensions: COMMON
  • Zoning: OFFIC

Financial Considerations

  • For Sale/Rent/Lease: For Sale Only
  • Operating Expenses: $13,561
  • Security Deposit: Alarm Monitored, Fire Extinguisher/s
  • Assessment Year: 2002
  • Tax Amount: $5,681
  • Tax Year: 2024
  • Tenant Pays: Electricity, Heat, Insurance

Disclosures and Reports

  • Property ID: 1909062030030000

Listed by Olivieri Real Estate LLC

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— 11504 183rd Pl —

  • Olivieri Real Estate LLC

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 11504 183rd Pl

School Districts:Mokena School District 159, Lincoln Way Community High School District 210
NameGradesDistance
Mokena Intermediate School
11331 195th Street, Mokena, IL 60448
4-51.5 mi
Mokena Elementary School
11244 Willowcrest, Mokena, IL 60448
PK-31.6 mi
Mokena Jr High School
19815 Kirkstone Way, Mokena, IL 60448
6-82.4 mi
Lincoln-Way Central High School
1801 East Lincoln Highway, New Lenox, IL 60451
9-123.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 11504 183rd Pl Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/17/2026
Listed
$395,000
23.44%
MLS
4/20/2022
Sold
$320,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 11504 183rd Pl

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,681
-11%
$75,107
—
2023
$6,368
-1%
$75,107
—
2022
$6,407
—
$75,107
—
2020
$6,439
—
$75,107
—
2019
$6,467
2%
$75,107
—
2018
$6,316
-3%
$75,107
—
2017
$6,507
6%
$75,107
8%
2016
$6,166
-1%
$69,583
—
2015
$6,206
-8%
$69,583
-7%
2014
$6,756
4%
$75,107
—
2013
$6,468
-2%
$75,107
-7%
2012
$6,578
—
$81,123
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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11504 183rd Place, Orland Park, IL 60467 (MLS# 12622368) is a Office property. 11504 183rd Place is currently listed for $395,000 and was received on April 17, 2026. Want to learn more about 11504 183rd Place? Do you have questions about finding other Office real estate for sale in Orland Park? You can browse all Orland Park real estate or contact a Coldwell Banker agent to request more information.

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