Corner Restaurant
For Sale
Under Contract
$350,000
18301 Oak Park Avenue, Tinley Park, IL 60477
Commercial Sale, Tinley Park, IL
Property SizeContact for details
Lot Size0.70 Acres
Days on Market724
Property Features for 18301 Oak Park Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COMMR
Directions
south on Oak Park Ave to 183rd St.
Subdivision
Tinley Park
Standard status
Active Under Contract
APN
31061030100000
Lot size
0.70 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
28495
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
Listing Agency:
Real People Realty
(815) 469-7449
Listed By:
Robert Gray · License #475197573
(708) 634-0104
Added: Oct 2, 2024
Changed: Sep 19
Last Checked: Sep 25 at 6:06AM
MLS# 12179334
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This restaurant property at 18301 Oak Park Avenue includes an existing building constructed in 1943, with aluminum and vinyl siding, central air conditioning, and a metal roof. The property is being offered in its current condition following the owners’ decision to retire after 55 years of operation. Existing site infrastructure includes a septic tank.
The parcel is positioned on the corner of Oak Park Avenue in Tinley Park, near the Tinley Park Expo Center, Interstate 80, and Credit Union 1 Amphitheater. The surrounding area includes multifamily and single-family residences. The next establishment will need to remove the existing septic field and connect to the main sewer system, as required by the village.
The parcel is positioned on the corner of Oak Park Avenue in Tinley Park, near the Tinley Park Expo Center, Interstate 80, and Credit Union 1 Amphitheater. The surrounding area includes multifamily and single-family residences. The next establishment will need to remove the existing septic field and connect to the main sewer system, as required by the village.
Key Highlights
- 0.697‑acre restaurant property at 18301 Oak Park Avenue
- Existing building constructed in 1943
- Corner location near the Tinley Park Expo Center, Interstate 80, and Credit Union 1 Amphitheater
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
295
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60477, IL
37,335
Population
16,261
Households
2.3
Avg Household Size
43
Median Age
34%
College-Educated
95%
High-School Grad
14.2 sq mi
ZIP Area
2,629
Density / Sq Mi
$93,862
Median Household Income
$57,381
Median Earnings
$1,485
Median Rent
$262,400
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Existing restaurant and bar improvements sit on a nearly seven-tenths-acre parcel with central air and metal roofing.
Where is this conventional restaurant located?
The property is located at 18301 Oak Park Avenue 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: 0.697‑acre restaurant property at 18301 Oak Park Avenue; Existing building constructed in 1943; Corner location near the Tinley Park Expo Center, Interstate 80, and Credit Union 1 Amphitheater
