For Sale, ground lease, or Build to Suit Opportunity. The entire site is 5.3 acres. There are 2.58 acres on the outlot located at the northeast corner of Wheeler Dr.(15500 S) & Harlem Ave and fronting Harlem Ave. Preliminary plans depict three 37,000 sq ft outlots fronting Harlem Ave. and 2.53 acres on the east portion of the site. Nothing is finalized. Ownership will subdivide the site to accommodate the end user. An exceptional development opportunity for a variety of uses. Prime location with 583 feet of frontage along South Harlem Ave in Orland Park, IL. The site is currently zoned General Business District which allows for a variety of uses. This strategically positioned site features a 4-way signalized intersection, boasting high traffic counts and excellent visibility. Its placement within a major shopping and business district ensures maximum exposure while offering easy access from all directions. With a potential subdivision, this property presents a lucrative prospect for a new business or development looking to capitalize on Orland Park & Tinley Park's thriving business and shopping district along Harlem Ave and 159th St.
Property Details
Property Features
Listing Office:
Office Name: Network Property Managment LLC
Office Phone: (708) 873-5540
Listing Agent: Neil Haleem
Lot Features
Lot Information:
Lot Size: 1.50 Acres
Other
Directions Information:
Directions: Harlem Avenue to Wheeler Road (155th). Property on NEC of Wheeler and Harlem.
Price Information
Listing Price Info
Price Summary:
List Price: $4,360,500
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Orland Park, IL.
This property is $4.0M more than the Median Sold Price in Orland Park, IL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MRED
MLS Number: #12220002
Listing Office:
Office Name: Network Property Managment LLC
Office Phone: (708) 873-5540
Listing Agent: Neil Haleem
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.
All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.
DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$21.8K
Per Month
Principal & Interest
$21.7K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$13.1K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Kruse Education Center
7617 Hemlock Dr
Distance between this listing and this school0.63 miles
Public District Grades KG-5
4
/10
Fierke Education Center
6535 Victoria Dr
Distance between this listing and this school0.74 miles
Public District Grades KG-5
4
/10
Helen Keller Elementary School
7846 163rd St
Distance between this listing and this school1.27 miles
Public District Grades PK-5
Nearby Schools
3
/10
Jack Hille Middle School
5800 151st St
Distance between this listing and this school1.71 miles
Public District Grades 6-8
7
/10
Virgil I Grissom Middle School
17000 80th Ave
Distance between this listing and this school2.18 miles
Public District Grades 6-8
6
/10
Jerling Junior High School
8851 W 151st St
Distance between this listing and this school2.20 miles
Public District Grades 6-8
Nearby Schools
7
/10
Oak Forest High School
15201 Central Ave
Distance between this listing and this school2.04 miles
Public District Grades 9-12
6
/10
Tinley Park High School
6111 175th St
Distance between this listing and this school2.92 miles
Public District Grades 9-12
7
/10
Victor J. Andrew High School
9001 171st St
Distance between this listing and this school3.21 miles
The neighbors living near this home have an average income of $85,103. The most common annual income of people living in Orland Park, IL is between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Living In Orland Park, IL
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What type of housing is available in Orland Park, IL?
Orland Park offers a diverse array of housing options, with single-family homes being the most prevalent, reflecting a mix of architectural styles from classic mid-century to contemporary designs. The housing market is primarily composed of these single-family residences, complemented by a selection of condominiums and townhouses that cater to a range of preferences and needs. The area features a homeownership rate that underscores a strong sense of community investment.
Is Orland Park, IL a good place to live?
Orland Park is celebrated for its family-friendly atmosphere and community-oriented lifestyle. The area prides itself on a blend of suburban tranquility and vibrant local events that showcase the town's cultural identity and values. With well-maintained parks and recreational facilities, residents enjoy a quality of life that balances leisure and community engagement.
Are things conveniently located in Orland Park, IL?
The community is served by a robust educational system, including several public and private schools that offer a variety of educational opportunities. Healthcare services are comprehensive, with facilities providing a range of care from primary to specialized treatments. Retail and dining options are plentiful, reflecting the local culture and providing residents with a variety of choices. The public library network supports lifelong learning and community activities.
What does the transportation in Orland Park, IL look like?
Orland Park's transport infrastructure supports both private and public transit options, with a network of roads and highways that facilitate commuting and regional travel. Public transportation services are available, providing connectivity within the community and to neighboring areas. The town also features areas with enhanced walkability and bikeability, promoting an active lifestyle among residents. Recent efforts to improve transport efficiency and accessibility are evident in the community's planning initiatives.
Frequently Asked Questions About 15555 S Harlem Ave
What is the listing price of this property?
The listing price of 15555 S Harlem Ave property is $4,360,500.
What type of property is this?
The property 15555 S Harlem Ave is land located in Orland Park, Illinois, 60462.
Is this property for sale now?
Active Listing: 15555 S Harlem Ave is For Sale (Active/New) which means the seller is accepting offers.
When was this property sold last time and for how much?
The last sale was on February 13, 2020 for $1,475,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 15555 S Harlem Ave in Orland Park, IL and zip code 60462. This home sits on a 1.50 acre lot. It has been listed on Rocket Homes since December 03, 2024 and is currently priced at $4,360,500.
While more than 20 listings in Orland Park, IL in November 2024 were sold above asking price, there were more than 18 listings sold at asking price, and more than 36 were sold below. Between October 2024 and November 2024, Orland Park, IL real estate market has seen decrease in the number of listings by 7.2%. In November 2024 median list price was $354,959 and the average listing age was 26 days.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved. 
Symphony or Opera
Symphony or Opera
Hiking/backpacking
Tennis
Chico's
Nordstrom Rack
IKEA
Boston Market
Chipotle
Bonefish Grill
Volvo
Mazda
Jeep
Talk/Personality
Rock
Alternative