
14489 John Humphrey Dr Orland Park, IL 60462 1N, 1S, 2S
Office | 4.00% CAP | 20,000 SqFt
Marketing description
SUBJECT TO OFFER: 14489 John Humphrey Drive, Orland Park, IL -1 N, 1S, & 2S
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 ~10,000 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-$18,481.58
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) (ALSO FOR SALE SEPARATE OWNER/SEPARATE BROKER)
https://www.crexi.com/properties/2330420/illinois-144892n?recommId=37bd36ffe014cdbcdf3798aa1b0b6469
-An investor can capitalize on the 10,000 SF of available space (Units 1N -5000sf (shell condition), 2S- 5000sf ready to be rented by securing new tenants at the estimated market rate of $20.00NNN.
-Prime Location: Orland Park Medical Corridor 14489 John Humphrey Drive boasts a premier location within a highly concentrated and sought-after Medical Corridor in Orland Park, IL.
-Medical Density: The surrounding area features high-traffic medical and professional complexes, creating a strong synergy for healthcare providers and drawing a constant flow of patients and clients.
-Target Demographic: The affluent Orland Park community provides excellent patient/client demographics, ensuring high demand for on-site medical and specialized services.
-Accessibility: The property offers exceptional access to major thoroughfares, enhancing visibility and ease of access for both employees and the patient base.
🏥 List of Medical Facilities Near 14489 John Humphrey Drive
To further highlight the property's prime location within the Medical Corridor, here is a list of major healthcare providers and clinics in the immediate vicinity and surrounding area of Orland Park. This concentration of facilities supports tenant demand, patient traffic, and synergistic opportunities for medical users.
Major Healthcare Centers & Systems Nearby
-UChicago Medicine Orland Park
Services: Primary & Specialty Care, including Allergy/Immunology, Bariatric Surgery, Breast Imaging, Pediatric Specialties, Lab Services, and Radiology (CT, MRI, X-ray).
Proximity: A major presence in the Orland Park area, driving significant patient volume.
-Northwestern Medicine Orland Park
Services: Comprehensive services including Primary Care, Immediate Care, Diagnostic Imaging (Breast Health, Radiology), Behavioral Health, Cardiology (Bluhm Cardiovascular Institute), and multiple specialty physician offices (Orthopaedics, Endocrinology, Oncology).
-Significance: Represents a leading healthcare system, drawing top-tier specialists and substantial patient traffic to the area.
-Advocate Medical Group Outpatient Center - Orland Park
Services: Extensive offerings including Pediatricians, Heart Institute, Breast Surgery, Oncology, Primary Care, Immediate Care, and various specialty clinics.
Significance: Another large, established provider network ensuring a high density of medical professionals and services nearby.
-Orland Park Medical Pavilion (Silver Cross Hospital)
Services: Primary and specialty care, Cancer care and infusion center, and comprehensive laboratory/imaging services (X-ray, Mammography, MRI, etc.).
Significance: A substantial medical pavilion that adds to the density and professional nature of the corridor.
On-Site / Immediate Neighbors (Within 14489 John Humphrey Drive or Adjacent)
-Hopemark Health (Psychiatric & Ketamine Clinic): Currently located within the building, demonstrating the suitability of the space for specialized medical and behavioral health tenants.
-Healthonomic Primary Care: Located in a neighboring building (14400 S John Humphrey Drive), reinforcing the immediate concentration of primary care services.
This concentration of established, high-profile medical systems and specialized clinics confirms that 14489 John Humphrey Drive is centrally located within a highly active and sought-after medical market, making it an ideal investment for attracting top-tier medical and healthcare-related tenants.
Investment highlights
🌟 Investment & Financial Highlights
Immediate Income & Upside: Acquire a 15,000 SF asset with a secured income stream from Day 1 via a compelling Sale-Leaseback for Unit 1S (~5,000 SF).
Significant Value-Add: 10,000 SF of vacant, rentable space (Units 1N-5000 SF,2S-5000 SF) offers substantial upside to maximize Gross Annual Income (GRI)
CURRENT MONTHLY INCOME-$18,481.58
POTENTIAL MONTHLY INCOME-$33,333
Market Rent: Projected market lease rate of $20.00/sf NNN for all units.
Flexible Investment: Ideal for both Investors seeking high-growth rental income and Owner-Users looking to occupy up to 10,000 SF while benefiting from immediate rental income on Unit 1S.
🏥 Location & Tenant Appeal Highlights
Heart of the Medical Corridor: Strategically positioned in Orland Park's highly sought-after Medical Corridor, driving consistent patient traffic and strong demand from healthcare providers.
Proximity to Major Health Systems: Located near high-profile centers, including UChicago Medicine, Northwestern Medicine, and Advocate Medical Group facilities.
Diverse Tenant Mix: Space is configured for medical, specialized (Biotech/Flex), and professional office users.
Affluent Demographics: Situated in the high-income, high-traffic Orland Park area, ensuring a strong patient/client base.
🏢 Property Features Highlights
Total Size: 15,000 SF professional building (Three ~5,000 SF units 1s,1n,&2S).
Ready-for-Medical Ground Floor: Unit 1N (~5,000SF) is in Shell Condition, perfect for a custom medical build-out.
Modern Construction: Constructed in 2008 (per public record) and well-maintained.
Building Amenities: Features include an oversized elevator, ample surface parking, and large windows providing abundant natural light.
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