Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    16205 S Harlem Ave Tinley Park, IL 60477

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Redeveloped retail space with high visibility and strong anchor tenants.

    Property size:
    1,960 SF
    Lot size:
    1.45 Acres

    Property Features for 16205 S Harlem Ave

    General Information

    Size
    1,960 SF
    Lot size
    1.45 Acres

    Source: Brixmor Property Group | Chicago Agent Hannah Scott

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Tinley Park

    The property is part of an ongoing redevelopment project that includes new outparcel buildings, modernized facades, new signage, and updated lighting, landscaping, and parking lot. A future phase II redevelopment is planned to accommodate small shops and anchor tenants, including space for restaurant service, retail, and medical needs. The location benefits from high visibility, with over 65,000 vehicles passing daily at the intersection of 159th Street and Harlem Avenue. Anchor tenants include Burlington, Planet Fitness, The Tile Shop, Bath & Body Works, and Phenix Salon Suites, attracting an estimated 11,900 visits per day and over 4.4 million visits per year. The surrounding area has a dense population of over 198,000 residents with an average household income exceeding $99,000 within a 5-mile radius. The available retail space measures 1960 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    America's Best Contacts ... Optometrist Stewart C. Knoop ... Optometrist Stella's Place Cafe ATM (ATM Link, ... Atm GameStop Video Game Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Park Center Plaza, Brementown Mini Mall, South Shopping Center, Tinley Place Plaza Shopping Center, Mckinley Plaza

    Location Insight

    • Map
    • Local Demand
    City
    Tinley Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.7932672
    Latitude
    41.5961668

    Nearby Similar for Lease

    • $28 SF/Yr

      Freestanding Retail Building For Lease

      High-exposure retail building with open floor plan in Tinley Park.
      16150 S Harlem Ave, Tinley Park, IL 60477
      View Details
    • $16 SF/Yr

      Updated Office Space in Tinley

      Stylish, updated 2nd-floor office unit in downtown Tinley Park.
      16750 Oak Park Ave, Tinley Park, IL 60477
      View Details
    • New
      $15 SF/Yr

      Retail Suite in Tinley Park

      1,000 sqft retail suite, a blank canvas for your business.
      16717 80Th Ave, Tinley Park, IL 60477
      View Details
    • $2,250 /Mo

      Tinley Park Townhome Rental

      Two-bedroom townhome in 55+ community with pond views.
      18306 65Th Ave, Tinley Park, IL 60477
      View Details
    • Contact for pricing
      3,004 SF

      Retail Space in Tinley Park

      Retail space available in redeveloped Tinley Park shopping center.
      15917-16199 S Harlem Ave, Tinley Park, IL 60477
      View Details
    • $1,650 /Mo

      Spacious Top Floor Apartment

      Large 2-bedroom apartment with recent updates and great location.
      17544 71St Ave, Tinley Park, IL 60477
      View Details

    FAQs

    What type of property is this?
    Shopping center - Redeveloped retail space with high visibility and strong anchor tenants.
    Where is this shopping center located?
    The property is located at 16205 S Harlem Ave Tinley Park, IL.
    What are key features of this property?
    This property features: - High visibility location with 65,000+ vehicles daily; - Anchored by national retailers Burlington, Planet Fitness, The Tile Shop, Bath & Body Works, and Phenix Salon Suites; - Dense surrounding population of 198,000+ with an average household income of $99,000+ within 5 miles
    (847) 272-9800
    Request Owner's contact information
    16205 S Harlem Ave Tinley Park, IL 60477
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    16205 S Harlem Ave
    Tinley Park, IL 60477
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    16205 S Harlem Ave Tinley Park, IL 60477
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.