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Retail Strip Center Suites
New
For Lease
$18 SF/Yr

16703 Harlem Avenue Ef, Tinley Park, IL 60477

Lease opportunity with a shell suite, restaurant-ready adjacent space, ample parking, and prominent pylon and facade signage.

Space Size1,924 SF - 3,924 SF
Days on Market2

Property Features for 16703 Harlem Avenue Ef

General Information

Standard status Active
Size 1,924 SF - 3,924 SF
Net Rentable 1,924 SF

Space & Availability

Available Space 1,924-3,924 SF
Contiguous Space 3,924 SF
Space Use Restaurant
Furnished No

Site & Location

Pylon Signage Yes
Traffic Count 32,000 vehicles/day

Building Details

Year Built 2008
Construction brick
Tenancy Multi
Listing Agency: Pearson Realty Group
Listed By: Thoma Socrates Panos · License #1015118
Source: Grandviewrealtyservices
Added: Sep 4 Last Checked: Sep 4 at 3:01PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pearson Realty Group

Investment Insights

Based on property information with market context.

Retail space is available within the Marketplace at Tinley Park strip center at 16703 Harlem Avenue. Suite E contains approximately 1,924 SF of shell space, while adjacent Suite F offers approximately 2,000 SF built out for restaurant or cafe use. The suites can be combined for a larger configuration. The 2008 brick-construction center provides parking at both the front and rear, along with pylon and facade signage opportunities.

The property sits along a commercial corridor carrying approximately 28,000 to 32,000 vehicles per day and is next door to CVS. Dense residential neighborhoods surround the center, with the 167th Street corridor and future Pete's Fresh Market nearby. The space is offered for lease and can accommodate retail, restaurant, medical, or professional service concepts supported by the existing configuration.

Key Highlights

  • Approximately 1,924 SF shell suite available in Suite E
  • Adjacent Suite F offers approximately 2,000 SF built out for restaurant or cafe use
  • Suites E and F can be combined

Property Analytics

Current Use

Schoop's Hamburgers Restaurant Fat Ricky's Restaurant Fry the Coop (Tinley ... Restaurant El Patrón Restaurant

Suggested Use

Top Pick Daycare Center Garden Center Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Travel Agency Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

32,000 VPD
Traffic count
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,004
Businesses Nearby
19k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 70% Home Improvements & Furnishings 30%
BP Shops & Services
13,303 visits/mo 0.4 miles
Park Ace Hardware Home Improvements & Furnishings
5,672 visits/mo 0.5 miles

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Lease opportunity with a shell suite, restaurant-ready adjacent space, ample parking, and prominent pylon and facade signage.
Where is this strip mall located?
The property is located at 16703 Harlem Avenue Ef Tinley Park, IL.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Approximately 1,924 SF shell suite available in Suite E; Adjacent Suite F offers approximately 2,000 SF built out for restaurant or cafe use; Suites E and F can be combined
More about this property
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