16701-16729 80th Avenue Tinley Park, IL $ 2,900,000
16701-16729 80th Avenue
$ 2,900,000
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16701-16729 80th Avenue

Tinley Park, IL, 60477
$ 2,900,000
Baths0.0 Sq 16,195

Monthly Estimate*

$ 19,274

16701-16729 80th Avenue, Tinley Park, IL 60477 - Image 1
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Studio

Commercial Property for sale in Tinley Park, IL

for $2,900,000. This 16,195 square foot building was built in 1987 on a lot size of 1.48999.

Multi tenant retail center at the busy corner of 167th St and 80th Ave in Tinley Park. Retail center is surrounded by many residential neighborhoods! Building is over 16,000 sqft & almost fully leased. This single story building includes many long term and new business tenants including Skillet House, Guardi's Pizza, 5 Star Cuts, Tinley Market, & more! 1.49 acre site with 2 entrances and ample parking with 90 spaces. Partial roof update in 2023, sprinkler systems to code, parking lot updated in 2020. This is a great investment opportunity in Tinley Park!! Please inquire with listing agent for more information.

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Commercial Active

Price

$ 2,900,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 103,389

Style

Commercial

Lot Size

1.48999

Year Built

1987

Town/City

Tinley Park

County/Region

Cook

MLS | Web ID

11992975

Features
General
Cooling Central Air
Utilities Water-Municipal
Possession Closing
Year Built 1987
Electric Separate Meters
Tenant Pays Common Area Maintenance Electricity Heat Taxes Insurance Scavenger Sewer
Stories 1
Township Orland
Property SubType Neighborhood Storefront Restaurant Shopping Center Strip Center
Tax Year 2022
Current Use Commercial
Gross Income 358698
County Cook
Net Operating Income 193989
Insurance Expense 5632
Property Type Commercial Sale Retail/Stores
Status Active
Directions Corner of 167th and 80th Ave.
City Tinley Park
NumberOfUnitsTotal 13
MLS Area Tinley Park
Lot Size Square Feet 64904
Street Name 80th
Tax Annual Amount 103389
Electric Expense 4963
Trash Expense 8133
Water Sewer Expense 1029
Additional Parcels Y/N N
Leasable Area 0
Days on Market 7
Standard Status Active
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Interior
Flooring Varies
Street Suffix Avenue
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Exterior
Building Area Total 16195
Lot Dimensions 262 X 251 X 260 X 249
Exterior Brick
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* Excluded Features
List By
Keller Williams Preferred Rlty

Broker

bvandenberg@kw.com

Email

Affordability Calculator

$27,890
Per Month
69%
31%
0%
Monthly Principal & Interest
$19,274
Monthly Property Taxes
$8,616
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/11/2024$2,900,000 Listed Price

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16701-16729 80th Avenue, Tinley Park, IL, 60477 is a Commercial Property for sale at $2,900,000 with 16,195 sqft and a lot size of 1.48999. 16701-16729 80th Avenue is a studio with 0.0 baths and was built in 1987. The property's zip code is 60477 which is in Tinley Park, IL