Marcus & Millichap Sells Orland Park Retail Strip for $2.05 Million

Reuters07:10

Marcus & Millichap Sells Orland Park Retail Strip for $2.05 Million

Marcus & Millichap Inc. has arranged the sale of a six-suite retail strip property in Orland Park, Illinois, for $2.05 million. The 15,886-square-foot center, built in 2003 and located at 11229 W. 143rd St., is anchored by Rocco Vino's Italian Restaurant and is currently 48% vacant, offering 8,773 square feet of lease-up potential. The property sits on 1.95 acres near major retailers such as CVS, The Home Depot, Jewel-Osco, and Aldi. The transaction was completed with an all-cash, out-of-state 1031 buyer in under 45 days, reflecting strong demand for well-located retail centers in suburban markets.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marcus & Millichap Inc. published the original content used to generate this news brief on December 09, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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The 15,886-square-foot center, built in 2003 and located at 11229 W. 143rd St., is anchored by Rocco Vino's Italian Restaurant and is currently 48% vacant, offering 8,773 square feet of lease-up potential. The property sits on 1.95 acres near major retailers such as CVS, The Home Depot, Jewel-Osco, and Aldi. The transaction was completed with an all-cash, out-of-state 1031 buyer in under 45 days, reflecting strong demand for well-located retail centers in suburban markets.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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The 15,886-square-foot center, built in 2003 and located at 11229 W. 143rd St., is anchored by Rocco Vino's Italian Restaurant and is currently 48% vacant, offering 8,773 square feet of lease-up potential. The property sits on 1.95 acres near major retailers such as CVS, The Home Depot, Jewel-Osco, and Aldi. The transaction was completed with an all-cash, out-of-state 1031 buyer in under 45 days, reflecting strong demand for well-located retail centers in suburban markets.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marcus & Millichap Inc. published the original content used to generate this news brief on December 09, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.11","shortVersion":"4.35.11","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2590327022","isCrawlerRequest":true}