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    18301 Oak Park Ave Tinley Park, IL 60477

    Sponsored
    For Sale
    $350,000

    COMMERCIAL - Tinley Park, IL

    Lot size:
    0.70 Acres
    Days on Market:
    69
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 18301 Oak Park Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR
    APN
    31061030100000
    Lot size
    0.70 Acres

    Utilities

    Sewer type
    Septic Tank
    Cooling system
    Central Air

    Building Details

    Year built
    1943
    Floors in Building
    1
    Number of units
    1
    Building materials
    Aluminum Siding, Vinyl Siding
    Roof type
    Metal

    Real People Realty (708) 634-0104 [email protected]

    Listing agent Robert Gray (815) 469-7449

    Listing date Oct 29, 2025

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Tinley Park Commercial Opportunity

    This commercial property, a former business staple in Tinley Park for 55 years, is being sold AS-IS due to the owners' retirement. The village annexed the property in 2023, changing the zoning to R1; future developments will require new zoning approval. The 0.7-acre lot is located on the corner of Oak Park Avenue, offering a prime location suitable for commercial, residential multifamily, mixed-use, or continued restaurant/bar use, subject to village approval. Its proximity to the Tinley Park Expo Center, Interstate 80, and Credit Union 1 Amphitheater ensures a high volume of traffic. The area features numerous multifamily and single-family dwellings, providing a built-in clientele. The village requires the removal of the existing septic field and connection to the main sewer for any new establishment, which is reflected in the property's price. The property can accommodate all types of investors from commercial, to residential multifamily, to mixed use, or keep it a restaurant/bar.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    The Vogt House by Banging Gavel Brews, Teehan's Tavern, Cuzin's Tavern, Gaming & Pizza Tinley Park, Starbucks, J W Hollstein's Saloon

    Location Insight

    • Map
    • Local Demand
    City
    Tinley Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.783293
    Latitude
    41.557441

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    FAQs

    What type of property is this?
    Bar - Prime corner lot near Expo Center and Amphitheater.
    Where is this bar located?
    The property is located at 18301 Oak Park Ave Tinley Park, IL.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Prime corner lot location on Oak Park Ave with high traffic.; - Versatile R1 zoning allows for various development options with village approval.; - Property annexed by the village in 2023, offering potential for new zoning applications and development opportunities.
    (708) 634-0103
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    18301 Oak Park Ave Tinley Park, IL 60477
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