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Retail Space with Pylon Signage
For Lease
$18 SF/Yr

16703 Harlem Avenue Ef, Tinley Park, IL 60477

Flexible retail leasing opportunity with a shell suite and adjacent restaurant-ready space in a multi-tenant center.

Space Size1,924 SF - 3,924 SF
Days on Market15

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
Divisible Yes
Space Use Retail

Site & Location

Pylon Signage Yes
Anchor Co-Tenants CVS
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: Aug 17 Changed: Aug 29 Last Checked: Aug 30 at 6:49PM

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.

The Marketplace at Tinley Park offers two adjacent retail suites for lease: Suite E, an approximately 1,924 SF shell space, and Suite F, an approximately 2,000 SF space built out for a restaurant or cafe. The suites may be combined, creating flexibility for a larger retail or food-service configuration. The center was constructed in 2008 with brick exterior construction, front and rear parking, and pylon and facade signage. Suitable uses identified for the space include fast-casual restaurant, specialty retail, medical, and professional services.

The property is located at 16703 Harlem Avenue in Tinley Park, next to CVS and near the 167th Street corridor. The commercial stretch carries reported traffic of 28,000–32,000 VPD and is surrounded by dense residential neighborhoods. The site is also near the future Pete's Fresh Market.

Key Highlights

  • Suite E offers approximately 1,924SF of shell retail space
  • Adjacent Suite F provides approximately 2,000SF built out for a restaurant/cafe
  • 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?
Retail space - Flexible retail leasing opportunity with a shell suite and adjacent restaurant-ready space in a multi-tenant 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 offers approximately 1,924SF of shell retail space; Adjacent Suite F provides approximately 2,000SF built out for a restaurant/cafe; Suites E and F can be combined
More about this property
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