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15921 Wolf Road, Orland Park, IL 60467
$600,000
15921 Wolf Road, Orland Park, IL 60467View this property at 15921 Wolf Road, Orland Park, IL 60467
15921 Wolf RoadOrland ParkIL60467
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Property Description
LOCATION! LOCATION! LOCATION! Well maintained and long established 10-unit Motel on over 2.2 acres in busy commercial Orland Park area. Separate driveway entrance, new roof, all rooms refinished 2020. Absentee owner. Full time experienced manager lives on premises in a 2 bedroom spacious apartment. Room for further expansion or other commercial development. The Motel typically has 100% occupancy with a constant waiting list for a room. This is a money maker! There are 2 out lots that could be sold or leased (130x170 & 114x170), and the owner can keep the Motel business or re-develop the whole site. Seller will not provide any numbers. This would have to be a cash transaction. The property is a value at this price.
Full Property Details
Full Property Details for 15921 Wolf Rd
General
- Sold For: $600,000
- Taxes: $27,000 (2020)
- Status: Closed
- Type: Business
- MLS ID: 11318407
- Added to Site: 835 day(s) ago
Business
- Name: VISTA MOTEL
- Business Type: Hotel/Motel
- Years in Business: 11 or More
Parking
- Total Spaces: 20
Location
- Area: Orland Park
- County: Cook
- Driving Directions: 159th Street to Wolf, South to address.
- Location Details: Commercial Business Park, Freestanding/Urban
Heating & Cooling
- Cooling Type: Central Individual
- Heating Type: Central Heat/Individual Controls
Structural Information
- Stories/Levels: 1
- Current Bldg. Use: Commercial, Other
Lot Features
- Lot Size (Sq. Ft.): 97,260
- Lot Size Range: 2.0 to 2.99 Acres
- Lot Dimensions: 300 x 323
- Frontage: City Street, County Road
- Potential Use: Commercial, Office and Research, Retail, Other
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $82,000
- Tax Amount: $27,000
- Tax Year: 2020
Disclosures and Reports
- Property ID: 27192010070000
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Schools
Schools serving 15921 Wolf Rd
School Districts:Orland School District 135, Cons High School District 230, Lockport Township High School District 205
Rating | Name | Grades | Distance |
---|---|---|---|
10959 W 159th St, Orland Park, IL 60467 | 3-5 | 0.4 mi | |
Centennial School, Orland Park, IL
14101 Creek Crossing Dr, Orland Park, IL 60467 | K-2 | 2.4 mi | |
10801 W 159th St, Orland Park, IL 60467 | 6-8 | 0.5 mi | |
13300 S La Grange Rd, Orland Park, IL 60462 | 9-12 | 4 mi | |
1333 E 7th St, Lockport, IL 60441 | 9-12 | 7.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 15921 Wolf Rd
Date
Details
Price
Change
Source
8/25/2023
Sold
$600,000
-39.7%
MLS
10/07/2022
Price Reduced
$995,000
-20.4%
MLS
2/04/2022
Listed
$1,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
15921 Wolf Road, Orland Park, IL 60467 (MLS# 11318407) is a Business property that was sold at $600,000 on August 25, 2023. Want to learn more about 15921 Wolf Road? Do you have questions about finding other Business 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.