Corner Restaurant
For Sale
$350,000
18301 Oak Park Avenue, Tinley Park, IL 60477
Freestanding commercial property offered as-is, with potential for continued restaurant use subject to village approval.
Property Size2,900 SF
Days on Market16
Property Features for 18301 Oak Park Avenue
General Information
Standard status
Active
Size
2,900 SF
Property subtype
Commercial
Zoning
COMMR
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$28,495
Building Details
Building Size
2,900 SF
Year Built
1943
Stories
1
Units
1
Listing Agency:
Real People Realty
(708) 634-0103
Listed By:
Robert Gray · License #475197573
Source:
Jjillrealtygroup
Added: Aug 17
Changed: Aug 30
Last Checked: Aug 31 at 5:11PM
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 Real People Realty
Investment Insights
Based on property information with market context.
This commercial restaurant property at 18301 Oak Park Avenue is being offered in its existing condition following a long-standing operating history. The building dates to 1943, and the property may be repositioned for restaurant or bar use, subject to applicable approvals. Any redevelopment or change in use should be evaluated with the village, including zoning requirements.
The site occupies a corner location on Oak Park Avenue in Tinley Park, near the Tinley Park Expo Center, Interstate 80, and Credit Union 1 Amphitheater. The property was annexed by the village from unincorporated Cook County in 2023. For a future establishment, the village requires removal of the existing septic field and connection to the main sewer system.
The site occupies a corner location on Oak Park Avenue in Tinley Park, near the Tinley Park Expo Center, Interstate 80, and Credit Union 1 Amphitheater. The property was annexed by the village from unincorporated Cook County in 2023. For a future establishment, the village requires removal of the existing septic field and connection to the main sewer system.
Key Highlights
- Corner location at 18301 Oak Park Avenue in Tinley Park
- 1943 construction date
- Long‑standing restaurant operation spanning 55 years
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
295
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Freestanding commercial property offered as-is, with potential for continued restaurant use subject to village approval.
Where is this conventional restaurant located?
The property is located at 18301 Oak Park Avenue Tinley Park, IL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Corner location at 18301 Oak Park Avenue in Tinley Park; 1943 construction date; Long‑standing restaurant operation spanning 55 years
