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  3. Orland Park, IL
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  5. Colonades
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Colonades

7305 W 157th Street, Orland Park, IL, 60462 |Colonades

YEAR BUILT

1980

# STORIES

1

# TOTAL UNITS

9

UNIT SIZE RANGE

1,050-1,150 sqft

Description

Colonades is located at 7305 W 157th Street in Orland Park. This spot lies near the intersection of 151st Street and Harlem Avenue. The site is close to McGinnis Slough, providing a natural setting. Local roads allow easy access to surrounding areas. The low-rise building consists of one story. It has a total of 9 condominium units. Each unit ranges from 1,050 to 1,150 square feet. All units come with 2 bedrooms, making them suitable for various lifestyles. The design promotes an open concept for easy living. Prices for the units range from $183,000 to $205,000. The average closed price stands at $205,000. The average price per square foot is $187. Recent sales indicate that units spend about 28 days on the market. This reflects a steady demand in the area. Residents can enjoy a party room, adding social space for gatherings. Nearby restaurants like Cooper's Hawk Winery & Restaurants and Windy City Restaurants LLC offer plenty of dining options. For educational needs, Orland Park Head Start serves the community well. Built in 1980, Colonades features a straightforward architectural style that blends with the neighborhood. The combination of amenities and location makes this building a practical choice for potential homeowners. The area balances a cozy residential feel with amenities within reach.

Building ImageMLS ID #12291416
Building ImageMLS ID #12103405
Building Image
Building ImageView Listing

Colonades

7305 W 157th Street, Orland Park, IL, 60462

|Colonades

YEAR BUILT

1980

# STORIES

1

# TOTAL UNITS

9

UNIT SIZE RANGE

1,050-1,150 sqft

Description

Colonades is located at 7305 W 157th Street in Orland Park. This spot lies near the intersection of 151st Street and Harlem Avenue. The site is close to McGinnis Slough, providing a natural setting. Local roads allow easy access to surrounding areas. The low-rise building consists of one story. It has a total of 9 condominium units. Each unit ranges from 1,050 to 1,150 square feet. All units come with 2 bedrooms, making them suitable for various lifestyles. The design promotes an open concept for easy living. Prices for the units range from $183,000 to $205,000. The average closed price stands at $205,000. The average price per square foot is $187. Recent sales indicate that units spend about 28 days on the market. This reflects a steady demand in the area. Residents can enjoy a party room, adding social space for gatherings. Nearby restaurants like Cooper's Hawk Winery & Restaurants and Windy City Restaurants LLC offer plenty of dining options. For educational needs, Orland Park Head Start serves the community well. Built in 1980, Colonades features a straightforward architectural style that blends with the neighborhood. The combination of amenities and location makes this building a practical choice for potential homeowners. The area balances a cozy residential feel with amenities within reach.

Next

Description

Colonades is located at 7305 W 157th Street in Orland Park. This spot lies near the intersection of 151st Street and Harlem Avenue. The site is close to McGinnis Slough, providing a natural setting. Local roads allow easy access to surrounding areas. The low-rise building consists of one story. It has a total of 9 condominium units. Each unit ranges from 1,050 to 1,150 square feet. All units come with 2 bedrooms, making them suitable for various lifestyles. The design promotes an open concept for easy living. Prices for the units range from $183,000 to $205,000. The average closed price stands at $205,000. The average price per square foot is $187. Recent sales indicate that units spend about 28 days on the market. This reflects a steady demand in the area. Residents can enjoy a party room, adding social space for gatherings. Nearby restaurants like Cooper's Hawk Winery & Restaurants and Windy City Restaurants LLC offer plenty of dining options. For educational needs, Orland Park Head Start serves the community well. Built in 1980, Colonades features a straightforward architectural style that blends with the neighborhood. The combination of amenities and location makes this building a practical choice for potential homeowners. The area balances a cozy residential feel with amenities within reach.

Colonades Market Stats Last 12 months

Avg. Listed Price$215,000($196/Sqft.)
Avg. Sale Price$205,000($187/Sqft.)
Year over year list priceUp Arrow21.29%
Year over year sale priceUp Arrow 17.82%
Total Listings1 Listed
Total sold1 Sold
Average Days on Market28 days
Average HOA fees per sqft$4 /monthly
Next

Market Stats

Year over year list priceUp Arrow21.29%
Year over year sale priceUp Arrow17.82%
Total Listings1 Listed
Total sold1 Sold
Average Days on Market28 days
Average HOA fees per sqft$4 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Low
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Low
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

Colonades Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 1A1A110022272025-03-14
MLS#: 12291416 		Closed$205,000
Unit 1D1D100022732024-09-18
MLS#: 12103405 		Closed$179,000
Unit 3A3A110022402024-07-23
MLS#: 12079346 		Closed$183,000
Unit 1A
1A

2 Beds

2 Baths

1100 sqft

DateStatusPrice
2025-03-14Closed$205,000
MLS#: 12291416
Days On Market27
Unit 1D
1D

2 Beds

2 Baths

1000 sqft

DateStatusPrice
2024-09-18Closed$179,000
MLS#: 12103405
Days On Market73
Unit 3A
3A

2 Beds

2 Baths

1100 sqft

DateStatusPrice
2024-07-23Closed$183,000
MLS#: 12079346
Days On Market40
View Complete Unit Listing HistorySource By: MRED

Amenities

One of the highlights of a condo living is the communal spaces, and at Colonades, you’ll find a lovely party room that’s perfect for gatherings with friends or family. Picture hosting a game night or birthday celebration in a space tailored for enjoyment and connection. Whether you’re celebrating life's milestones or simply enjoying some downtime with friends, this shared facility perfectly enhances that community vibe.

Next

Amenities Description

One of the highlights of a condo living is the communal spaces, and at Colonades, you’ll find a lovely party room that’s perfect for gatherings with friends or family. Picture hosting a game night or birthday celebration in a space tailored for enjoyment and connection. Whether you’re celebrating life's milestones or simply enjoying some downtime with friends, this shared facility perfectly enhances that community vibe.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
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Amenities

Coin Laundry

Coin Laundry

Party Room

Party Room

Storage

Storage

Balcony

Balcony

Policies

Understanding building policies is essential for any first-time buyer. At Colonades, you’ll be happy to know that both cats and dogs are welcome, making it a fantastic option if you’re a pet lover! However, there are some limitations regarding the number and size of pets, so take note of those as you plan your move. This balance of flexibility with sensible policies creates an inviting atmosphere where residents can feel comfortable and at home.

Next

Amenities Description

Understanding building policies is essential for any first-time buyer. At Colonades, you’ll be happy to know that both cats and dogs are welcome, making it a fantastic option if you’re a pet lover! However, there are some limitations regarding the number and size of pets, so take note of those as you plan your move. This balance of flexibility with sensible policies creates an inviting atmosphere where residents can feel comfortable and at home.

Pet Allowed
Check
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
Colonades$187/sqft.$4 /sqft.
7305 W 157th St$187/sqft.$4 /sqft.
Colonades$152/sqft.$4 /sqft.
Colonades$181/sqft.$3 /sqft.
7345 W 157th St$181/sqft.$3 /sqft.
7315 Tiffany Dr$154/sqft.$3 /sqft.

Nearby Schools

Discover top-rated schools located close to Colonades.

Trinity Lutheran School

--
Private|Grades PK–8
6850 159th St Ste ...|0.68 miles away

Arnold W Kruse Education Center

A
Public|Grades PK–5
7617 Hemlock Dr|0.72 miles away

Helen Keller Elementary School

B-
Public|Grades PK–5
7846 163rd St|1.22 miles away

Walter F Fierke Education Center

B-
Public|Grades PK–5
6535 Victoria Dr|1.31 miles away

John a Bannes Elementary School

B+
Public|Grades PK–5
16835 Odell Ave|1.99 miles away

Kimberly Heights Elementary School

--
Public|Grades PK–KG
6141 Kimberly Dr|2.39 miles away
Next

Schools

Trinity Lutheran School

--
Private|Grades PK–8
6850 159th St Ste ...|Less than 1 Mile Away

Arnold W Kruse Education Center

A
Public|Grades PK–5
7617 Hemlock Dr|Less than 1 Mile Away

Helen Keller Elementary School

B-
Public|Grades PK–5
7846 163rd St|1.22 Miles Away

Walter F Fierke Education Center

B-
Public|Grades PK–5
6535 Victoria Dr|1.31 Miles Away

John a Bannes Elementary School

B+
Public|Grades PK–5
16835 Odell Ave|1.99 Miles Away

Kimberly Heights Elementary School

--
Public|Grades PK–KG
6141 Kimberly Dr|2.39 Miles Away

Communication Development Program

--
Public|Grades –
6020 151st St|2.40 Miles Away

Deaf/Hard of Hearing Program

--
Public|Grades –
6020 151st St|2.40 Miles Away

Project Challenge

--
Public|Grades –
6020 151st St|2.40 Miles Away

Braun Educational Center

--
Public|Grades –
6020 151st St|2.40 Miles Away

Destiny Program

--
Public|Grades –
6020 151st St|2.40 Miles Away

Lee R Foster Elementary School

A-
Public|Grades 1–5
5931 School St|2.40 Miles Away

Virgil I Grissom Middle School

A-
Public|Grades 6–8
17000 80th Ave|2.44 Miles Away

Scarlet Oak Elementary School

B-
Public|Grades 3–4
5731 Albert Dr|2.56 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

Harlem Ave & 157th St

0.2 miles away|4 min walk

159th St & Park Center Dr

0.32 miles away|7 min walk

159th St & Olcott Ave

0.34 miles away|7 min walk

Harlem Ave & Wheeler Dr

0.35 miles away|7 min walk

159th St & Harlem Ave

0.35 miles away|7 min walk

Harlem Ave & 159th St

0.46 miles away|9 min walk
Next

Transit

Harlem Ave & 157th St

0.2 miles away|4 min walk

159th St & Park Center Dr

0.32 miles away|7 min walk

159th St & Olcott Ave

0.34 miles away|7 min walk

Harlem Ave & Wheeler Dr

0.35 miles away|7 min walk

159th St & Harlem Ave

0.35 miles away|7 min walk

Harlem Ave & 159th St

0.46 miles away|9 min walk

159th St & 71st Ct

0.49 miles away|10 min walk

159th St & 76th Ave

0.55 miles away|11 min walk

Harlem Ave & 153rd St

0.69 miles away|14 min walk

Harlem Ave & 161st St

0.74 miles away|15 min walk

159th St & Oak Park Ave

0.83 miles away|16 min walk

159th St & 78th Ave

0.85 miles away|17 min walk

Centennial Dr & Centennial Cir / Plymouth Ct (E)

0.9 miles away|18 min walk

Centennial Dr & Lexington Ct (W)

0.94 miles away|18 min walk

Centennial Dr & Brementowne Dr

1.04 miles away|20 min walk

Centennial Dr & Brementowne Rd

1.06 miles away|21 min walk

Centennial Dr & Oak Park Ave

1.09 miles away|21 min walk

6701 159th St (Ingalls Family Care)

1.1 miles away|22 min walk

159th St & 80th Ave

1.15 miles away|23 min walk

16130 Oak Park Ave

1.19 miles away|23 min walk

16136 Oak Park Ave

1.22 miles away|24 min walk

Oak Park Ave & 163rd Pl

1.36 miles away|27 min walk

159th St & Ridgeland Ave

1.52 miles away|30 min walk

Oak Park Ave & 165th Pl

1.63 miles away|32 min walk

159th St & Rob Roy Dr

1.79 miles away|35 min walk

159th St & 84th Ave

1.82 miles away|35 min walk

Oak Park Ave & 167th St

1.84 miles away|36 min walk

159th St & Arroyo Dr

2.01 miles away|39 min walk

159th St & 86th Ave

2.16 miles away|42 min walk

Oak Park Ave & 169th St

2.17 miles away|42 min walk

159th St & Terrace Dr

2.3 miles away|45 min walk

Oak Park Ave & 171st St

2.48 miles away|48 min walk

159th St & 88th Ave

2.53 miles away|49 min walk

159th St & Peggy Ln

2.59 miles away|50 min walk

The Neighbourhood: Colonades

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Colonades Demographics

Age Demographics

0–14 Years

18.08%

15–29 Years

16.66%

30–44 Years

22.16%

45–59 Years

19.32%

60+ Years

23.77%

Commute

3.65%

Transit

0.76%

Walk

88.12%

Drive

1.2%

Bike

Housing Ownership

79.38%

Owner Occupied

20.62%

Rental Units

Household Types

Single Family
28.08%
Multi Family
9.4%
Single Person
35.12%
Multi Person
64.88%

Average Income

Household:$7,647,182.97 /yr

Individual:$3,859,480.84 /yr

Education

Bachelors Degree23.18%
High School College27.03%
Diploma8.73%
Post Graduate10.32%
Others30.75%
Next

Education

Diploma8.73%
Post Graduate10.32%
Others30.75%
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    Colonades
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