Retail Space with Restaurant
For Lease
$18 SF/Yr
16703 Harlem Avenue #EF, Tinley Park, IL 60477
Two adjoining suites offer shell space alongside a restaurant-ready layout in a neighborhood strip center.
Space Size1,924 SF - 3,924 SF
Days on Market20
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
Furnished
No
Additional Details
Pylon Signage
Yes
Building Details
Year Built
2008
Stories
1
Construction
brick
Tenancy
Multi
Listing Agency:
Pearson Realty Group
(773) 325-2800
Listed By:
Thoma Socrates Panos · License #1015118
(773) 325-2800
Source:
Allinonerealestateco
Added: Jul 23
Changed: Aug 11
Last Checked: Aug 11 at 3:37AM
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.
This retail leasing opportunity includes Suite E, an approximately 1,924-square-foot shell, plus adjacent Suite F, an approximately 2,000-square-foot space configured for restaurant or café use. The suites may be combined, creating a total property size of 3,924 square feet. The building dates to 2008 and features brick construction, front and rear parking, and pylon and facade signage options.
The property is located at 16703 Harlem Avenue in Tinley Park within the Marketplace at Tinley Park strip center. The commercial stretch carries approximately 28,000–32,000 vehicles per day, with CVS next door and the 167th Street corridor nearby. Future Pete’s Fresh Market is also identified in the surrounding area. The available configuration may accommodate retail, restaurant, medical, or professional-service use as supported by the existing spaces.
The property is located at 16703 Harlem Avenue in Tinley Park within the Marketplace at Tinley Park strip center. The commercial stretch carries approximately 28,000–32,000 vehicles per day, with CVS next door and the 167th Street corridor nearby. Future Pete’s Fresh Market is also identified in the surrounding area. The available configuration may accommodate retail, restaurant, medical, or professional-service use as supported by the existing spaces.
Key Highlights
- Suite E provides approximately 1,924SF of shell space
- Adjacent Suite F contains approximately 2,000SF built out for restaurant/cafe use
- Suites E and F can be combined for a 3,924‑square‑foot footprint
Property Analytics
Property Profile
Current Use
Lease Details
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
Explore this area
Business Placement
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
Lease Benchmarks for Tinley Park, IL
$19.71 /SF/Yr
Avg Asking Price
$15–$25 /SF/Yr
Price Range
2,133 SF
Avg Space Size
This space is priced 9% below the average of $19.71 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Two adjoining suites offer shell space alongside a restaurant-ready layout in a neighborhood strip center.
Where is this retail space 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: Suite E provides approximately 1,924SF of shell space; Adjacent Suite F contains approximately 2,000SF built out for restaurant/cafe use; Suites E and F can be combined for a 3,924‑square‑foot footprint
