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15921 Wolf Road Orland Park, IL 60467
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Key Details
Sold Price $600,000
Property Type Commercial
Sub Type Bus / Bus w/Real Est
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11318407
Sold Date 08/25/23
Annual Tax Amount $27,000
Tax Year 2020
Lot Dimensions 300X323
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.
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling Central Individual
Fireplace N
Exterior
Waterfront false
View Y/N true
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Bought with Robert Shutay • Realty Executives Ambassador
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