Multi-Suite Retail
For Lease
$19 SF/Yr
16050 Harlem Ave, Tinley Park, IL 60477
Four available suites offer a range of sizes within a regional shopping center.
Space Size3,882 SF - 14,807 SF
Property Size250,000 SF
Days on Market8
Property Features for 16050 Harlem Ave
General Information
Standard status
Active
Size
3,882 SF - 14,807 SF
Net Rentable
3,882 SF
Space & Availability
Available Space
3,882-14,807 SF
Contiguous Space
14,807 SF
Space Use
Retail
Available From
Immediate
Site & Location
Corner Location
Yes
Traffic Count
50,000 vehicles/day
Building Details
Building Size
250,000 SF
Tenancy
Multi
Listing Agency:
New Vison Real Estate Brokers
Listed By:
Saadi Ramadan · License #471011405
(708) 514-4810
Source:
Exprealty
Added: Oct 24
Changed: Oct 30
Last Checked: Oct 30 at 3:15PM
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 New Vison Real Estate Brokers
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Retail space is available in four suite configurations: 8,125 SF, 14,807 SF, 3,882 SF, and 7,570 SF. The spaces are at a regional shopping center with 250,000 square feet of total area.
The center occupies the southwest corner of 159th Street and Harlem Avenue in Tinley Park, Illinois. The intersection carries more than 50,000 vehicles per day.
The center occupies the southwest corner of 159th Street and Harlem Avenue in Tinley Park, Illinois. The intersection carries more than 50,000 vehicles per day.
Key Highlights
- Shopping center totals 250,000 square feet
- Available suites: 8,125 SF, 14,807 SF, 3,882 SF, and 7,570 SF
- Southwest corner of 159th Street and Harlem Avenue
Property Analytics
Current Use
Lease Details
50,000 VPD
Traffic count
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.85 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,056
Businesses Nearby
259k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 43%
Dining 23%
Groceries 19%
Shops & Services 9%
Menards
Home Improvements & Furnishings
58,369 visits/mo
0.4 miles
Meijer
Groceries
50,246 visits/mo
0.5 miles
The Home Depot
Home Improvements & Furnishings
42,100 visits/mo
0.3 miles
Chili's Grill & Bar
Dining
16,626 visits/mo
0.4 miles
Goodwill
Apparel
14,090 visits/mo
0.4 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
Lease Benchmarks for Tinley Park, IL
$18.75 /SF/Yr
Avg Asking Price
$15–$22 /SF/Yr
Price Range
7,400 SF
Avg Space Size
This space is priced 1% above the average of $18.75 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Four available suites offer a range of sizes within a regional shopping center.
Where is this retail space located?
The property is located at 16050 Harlem Ave Tinley Park, IL.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: Shopping center totals 250,000 square feet; Available suites: 8,125 SF, 14,807 SF, 3,882 SF, and 7,570 SF; Southwest corner of 159th Street and Harlem Avenue
