18501 Maple Creek Dr, Tinley Park, IL 60477
Single-story office building in Tinley Park, Illinois, 100% leased.
- Added:
- Sep 12, 2024
- Days on Market:
- 663
- Last Refresh:
- May 12 at 9:55 pm
Property Features for 18501 Maple Creek Dr
General Information
- Standard status
- Active
- Size
- 38,079 SF
- Property subtype
- Office
Building Details
- Year Built
- 2002
Listing office CapRock Real Estate (312) 257-3252
Listing date Sep 12, 2024
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of CapRock Real Estate
HighLights
- 100% leased single‑story office building.
- Strategic location near the intersection of Harlem Avenue and I‑80.
- Easy and quick access to I‑80.
- Proximity to Brookdale Marketside (TJ Maxx, Dick’s Sporting Goods, Marshalls & Best Buy).
- Close to 80th Ave Train Station.
- Built in 2002.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $932.2k | $24.48 |
| − Vacancy | −$232.1k | −$6.10 |
| EGI | $700.1k | $18.38 |
| − OpEx | −$175.0k | −$4.60 |
| NOI | $525.0k | $13.79 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Tinley Park
- County
- Cook
- State
- Illinois
- Longitude
- -87.7934829
- Latitude
- 41.555476
