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End-Cap Restaurant Retail Space
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16703 Harlem Avenue, Tinley Park, IL 60477

Commercial Lease, Tinley Park, IL

Space Size2,000 SF - 3,924 SF
Days on Market95

Property Features for 16703 Harlem Avenue

General Information

Property type Commercial Lease
Property subtype Retail
Directions south on Harlem/Rt. 43 past 167th, left turn into strip mall.
Subdivision Tinley Park
Standard status Active

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 19358

Utilities

Cooling system Central Air

Building Details

Year built 2008
Floors in Building 1
Building materials Brick
Listing Agency: Pearson Realty Group
Listed By: Thoma Socrates Panos
Added: Jul 23 Changed: Oct 10 Last Checked: Oct 25 at 2:06AM
MLS# 12713844

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Suite F provides approximately 2,000 square feet of end-cap retail space with an existing restaurant and café build-out. The suite is located within the Marketplace at Tinley Park strip center and includes central air, brick construction, and prominent pylon and façade signage. Restaurant equipment may be negotiated with a third-party tenant.

The property sits along Harlem Avenue in Tinley Park, next to CVS and near the 167th Street corridor. Reported traffic volume along the commercial stretch is approximately 28,000 to 32,000 vehicles per day. Front and rear parking serve the center, supporting customer and employee access.

Key Highlights

  • Approximately 2,000 SF end‑cap restaurant/café build‑out
  • Marketplace at Tinley Park strip center location
  • 28,000‑32,000 VPD along the commercial stretch

Property Analytics

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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 Nursing Home Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store Catering Service

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

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
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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

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 - Built-out commercial space offers central air, brick construction, and parking at the front and rear of the center.
Where is this retail space located?
The property is located at 16703 Harlem Avenue Tinley Park, IL.
What are key features of this property?
This property features: Approximately 2,000 SF end‑cap restaurant/café build‑out; Marketplace at Tinley Park strip center location; 28,000‑32,000 VPD along the commercial stretch
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