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    15917-16199 S Harlem Ave Tinley Park, IL 60477

    For Lease
    Contact for pricing

    Retail space available in redeveloped Tinley Park shopping center.

    Property size:
    3,004 SF
    Lot size:
    20.65 Acres

    Property Features for 15917-16199 S Harlem Ave

    General Information

    Size
    3,004 SF
    Lot size
    20.65 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

    This retail space is located within a shopping center undergoing ongoing redevelopment, featuring new outparcel buildings, modernized façades, 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 property benefits from high visibility, with over 65,000 vehicles passing daily at the intersection of 159th Street and Harlem Avenue. Anchored by national retailers such as Burlington, Planet Fitness, The Tile Shop, Bath & Body Works, and Phenix Salon Suites, the center attracts 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 space is 3,004 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Similar Places Nearby

    Park Center Plaza, Tinley Park Plaza, Brementown Mini Mall, Coin Cloud Bitcoin ATM, Tinley Place Plaza Shopping Center

    Location Insight

    • Map
    • Local Demand
    City
    Tinley Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.7928927
    Latitude
    41.6009641

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    FAQs

    What type of property is this?
    Shopping center - Retail space available in redeveloped Tinley Park shopping center.
    Where is this shopping center located?
    The property is located at 15917-16199 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+ within 5 miles.
    (847) 272-9800
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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
    15917-16199 S Harlem Ave Tinley Park, IL 60477
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