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Retail Suite with Combo Option
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16703 Harlem Avenue, Tinley Park, IL 60477

COMMERCIAL - Tinley Park, IL

Space Size1,924 SF - 3,924 SF
Days on Market20

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

Amenities

ample parking (front & rear)

Building Details

Year built 2008
Floors in Building 1
Building materials Brick
Listing Agency: Pearson Realty Group
Listed By: Thoma Socrates Panos · License #1015118
Added: Jul 23 Changed: Aug 4 Last Checked: Aug 11 at 9:06AM
MLS# 12714179

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.

Investment Insights

Based on property information with market context.

Retail space for lease in a brick strip center with newer 2008 construction, offering a shell condition suite suitable for tenant improvements. Suite E is available and is also able to be combined with adjacent Suite F, which is built out for a restaurant/cafe.

The center is positioned on a heavily traveled commercial stretch with traffic noted at 28,000–32,000 VPD, and there is a CVS next door. Ample parking is available at the front and rear, and the property features pylon/facade signage.

The surrounding context includes dense residential neighborhoods, with the 167th St corridor nearby and a reference to future Pete’s Fresh Market. Contact the listing broker for additional details on the available suites and configuration.

Key Highlights

  • Retail space for lease in Marketplace at Tinley Park strip center
  • Suite E offers approximately 1,924 SF and is an shell space
  • Suite F offers approximately 2,000 SF and is 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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

582
Businesses Nearby
18k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 76% Hotels & Casinos 24%
Buffalo Wild Wings Dining
13,685 visits/mo 0.1 miles
Holiday Inn Hotels & Casinos
2,378 visits/mo 0.3 miles
Comfort Inn & Suites Hotels & Casinos
1,063 visits/mo 0.3 miles
Sleep Inn Hotels & Casinos
970 visits/mo 0.3 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?
Shopping center - Retail shell suite available for lease and may be combined with an adjacent restaurant/cafe build-out.
Where is this shopping center located?
The property is located at 16703 Harlem Avenue Tinley Park, IL.
What are key features of this property?
This property features: Retail space for lease in Marketplace at Tinley Park strip center; Suite E offers approximately 1,924 SF and is an shell space; Suite F offers approximately 2,000 SF and is built out for a restaurant/cafe; Suites E and F can be combined
More about this property
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