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15921 Wolf Road

Orland Park, IL 60467
  • $995,000
  • STATUS: Active
  • ON SITE: 296 Days
  • MLS #: 11318407
UPDATED: 81 min ago
$995,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:
Area:

School Ratings & Info

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.

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© 2022 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2022-11-28T16:01:07.91 UTC. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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15921 Wolf Road Orland Park, IL 60467

  • Price: $995,000
  • Status: Active
  • On Site: 296 Days
  • Updated: 81 min ago
  • MLS #: 11318407
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Orland Park
County:
Cook
Area:
Orland Park
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.
Exterior Features

Frontage Type City StreetCounty Road Lot Size 2.0-2.99 Acres Parking Total 20 Waterfront YN No

Interior Features

Cooling Central Individual Heat Ventilation Central Heat/Indiv Controls

Property Features

Additional Parcels YN No Adjusted Net Income 0 Adjusted Net Income Year 2021 Annual Rent For Real Estate 0 Building Area Total 0 Business Age 11+ Years Business Type Hotel/Motel Corporate Limits Unincorporated Current Use CommercialOther Gross Profit Year 2021 Gross Sales Annual 204000 Gross Sales Annual Year 2021 Location Commercial Business ParkFree Standing/Urban Mls Actual Status Active Operating Expense 82000 Possible Use CommercialOffice And ResearchRetailOther Property Offered For Sale Only Real Estate Included Yes Sale Price Includes LandBuildingBusinessEquipmentTrade FixturesInventoryOwner Will TrainPhone NumberBusiness Name Tax Annual Amount 27000 Tax Year 2020 Tenant Pays Other Type Bus / Bus W/Real Est Type Of Lease None Zoning Commr

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Realty Executives Ambassador: 708-349-1111.


© 2022 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2022-11-28T16:01:07.91 UTC. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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