Listing provided courtesy of Coldwell Banker RealtyMREDas Distributed by MLSGrid- MLS# 12590283MLS Provider

14489 John Humphrey DriveOrland Park, IL 60462

Commercial · 20,000 Sq. ft. | 1.38 Acres
$4,400,000 Active

14489 John Humphrey Drive Overview

Time on Site:
110 days
Visits:
0

An unparalleled investment opportunity to acquire a 20,000 square foot professional office building strategically situated in the heart of Orland Park's thriving Medical Corridor. Divided into four flexible ~5,000SF units, this property offers a dynamic blend of immediate income via a proposed Sale-Leaseback and substantial value-add potential through the lease-up of ~12,000 SF of premium space. Its location and configuration make it ideal for medical, biotech, and professional office tenants seeking proximity to major healthcare facilities, robust patient demographics, and access to major thoroughfare. Building Configuration and Investment Upside: The property features four distinct suites, offering flexible leasing strategies for the investor: CURRENT MONTHLY INCOME-$16,833 POTENTIAL MONTHLY INCOME-$33,333 - Unit 1S (Ground Floor-~5,000 SF): Immediate Cash Flow Sale-Leaseback Opportunity: The current owner/occupant is offering to remain as a tenant, securing the buyer with immediate, stabilized cash flow at an estimated rate of $20.00SF NNN. - Unit 1N (Ground Floor - ~5,000 SF): Ideal for Medical Users- Presented in shell condition, this space is a perfect fit for a Medical User requiring a highly customized build-out, capitalizing on the property's prime location within the medical cluster. - Unit 2S (Second Floor -~5,000 SF): Specialized/Office Use Value-Add Potential: This floor is suited for a range of uses, from traditional office to specialized needs like a Biotech company or micro-office suite, allowing an investor to achieve full occupancy and maximize the property's $400,000 potential Gross Annual Income (GRI). - Unit 2N (Second Floor- ~5,000 SF) ~3000 Sf rented for $6000, and there is ~ 2000 sf vacant. (Separate owner). This beautifully constructed two-story office building currently has 4,899 SF of office/medical space for sale in the heart of Orland Park. An ideal owner-user investment opportunity. The buyer can occupy 1,959 SF while collecting rental income from the remaining 2,940 SF of leased space. The property is well maintained and features ample parking along with large windows wrapping the entire building, flooding the interior with natural light. Suite 200 (Vacant) showcases a high-end build-out with quality finishes throughout. Elegant details such as solid mahogany doors, wainscoting throughout, and striking double glass entry doors create a refined and professional atmosphere. This is a PRIME office space that truly leaves a lasting impression!

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14489 John Humphrey Drive Facts & Features

  • Type Commercial
  • Sq. ft. 20,000
  • Price/Sq.ft. $220
  • Lot 1.38 Acres

Details

General

Income/Expenses

  • Gross Income: 171996
  • Gross Scheduled Income: 171996
  • Net Operating Income: 171996
  • Operating Expense: 0

Building Information

  • Year Built: 2005

Business Information

  • Current Use: Medical/Dental

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Orland Park

Tax Information

  • Tax Annual Amount: $112,581.30
  • Tax Year: 2024

General Information

  • Parcel Number: 27101001091004
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 20000

General Information

  • Cooling: Central Air
  • Electric: Service - 201 to 600 Amps
  • Leasable Area: 20000
  • Stories: 2

Unit Information

  • Unit SqFt.: 5000

Exterior

Lot Information

  • Additional Parcels: Yes
  • Lot Size Acres: 1.38
  • Lot Size Dimensions: 60113
  • Lot Size Square Feet: 60113

General Information

  • Number Of Units Total: 4

14489 John Humphrey Drive Neighborhood

Community

60462 (ORLAND PARK) Demographics

44
Median Age
2,497
Population Density (per sq. mile)
52%
College Educated
$83,652
Estimated Median Income
12,942
Estimated Total Home Owners
2,609
Estimated Total Renters
83% / 17%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

14489 John Humphrey Drive Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

14489 John Humphrey Drive Market Data

Based on the last 30 days in this zip code

$426,892
Average List Price
$222
Average Price per Square Foot
53
Properties Sold
34
Average Days on Market
138
Properties for Sale
Calculations provided by Reliance Network

14489 John Humphrey Drive History

Date Event Value Agent
3/17/2026Source: MRED Status Change
Active
3/11/2026Source: MRED Added to Database
March 11, 2026