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Corner Retail Space

16080 Harlem Ave, Tinley Park, IL 60477

For Lease
$19 SF/Yr

Located within a regional shopping center at the southwest corner of 159th Street and Harlem Avenue.

Space Size3,882 SF - 14,807 SF
Property Size250,000 SF
Days on Market17

Property Features for 16080 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
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
Source: Exprealty
Added: Oct 24 Changed: Nov 8 Last Checked: Nov 8 at 4:10PM

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

Rey
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Investment Insights

Based on property information with market context.

Retail suites are available at a shopping center on the southwest corner of 159th Street and Harlem Avenue in Tinley Park. The center contains 250,000 square feet, with available suites ranging from 3,882 to 14,807 square feet. The listed spaces are Suite 16036 at 8,125 square feet, Suite 16050 at 14,807 square feet, Suite 16070 at 3,882 square feet, and Suite 16080 at 7,570 square feet. Immediate occupancy is indicated.

The intersection carries more than 50,000 vehicles per day. Flexible suite configurations are also noted.

Key Highlights

  • Available suites: 8,125 SF, 14,807 SF, 3,882 SF, and 7,570 SF
  • 250,000‑square‑foot shopping center
  • Southwest corner of 159th Street and Harlem Avenue

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Law Firm Restaurant Storage Facility Hotel & Motel

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

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Tinley Park, IL

$18.83 /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 $18.83 /SF/Yr.

Properties on Market for Retail space in Tinley Park

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Located within a regional shopping center at the southwest corner of 159th Street and Harlem Avenue.
Where is this retail space located?
The property is located at 16080 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: Available suites: 8,125 SF, 14,807 SF, 3,882 SF, and 7,570 SF; 250,000‑square‑foot shopping center; Southwest corner of 159th Street and Harlem Avenue
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