6-Unit Apartment Building with
New
For Sale
$850,000
7111 170th Street, Tinley Park, IL 60477
Updated apartment property with month-to-month occupancy and coin-operated laundry.
Property SizeContact for details
Days on Market5
Property Features for 7111 170th Street
General Information
Standard status
Active
Total Parking Spaces
9
Property subtype
Commercial
Zoning
MULTI
Units
Unit Mix
3 x 2BR/1BA, 3 x 1BR/1BA
Multifamily Units
6
Additional Details
Public Transit
Yes
Sprinkler System
Yes
Taxes and HOA fees
Annual Taxes
$20,949
Amenities
coin-operated washer & dryer
Building Details
Year Built
1970
Stories
2
Units
6
Listing Agency:
NS International Realty, INC
(773) 503-6742
Listed By:
Srdan Sterleman · License #471021426
(773) 503-6742
Source:
Midwestrealestate
Added: Aug 16
Changed: Aug 18
Last Checked: Aug 19 at 3:42PM
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 NS International Realty, INC
Investment Insights
Based on property information with market context.
This 6-unit apartment building, constructed in 1970, includes three 2-bedroom, 1-bath units and three 1-bedroom, 1-bath units. The apartments have been updated, while the common areas have been consistently maintained. A private parking lot provides 9 spaces, and the owner-owned coin-operated washer and dryer offer an additional income source. The property is zoned MULTI and is leased on a month-to-month basis.
The building is near downtown Tinley Park, the Metra station, restaurants, shopping, and parks. It complies with Tinley Park requirements for a direct fire alarm and sprinkler system, providing documented life-safety improvements within the property.
The building is near downtown Tinley Park, the Metra station, restaurants, shopping, and parks. It complies with Tinley Park requirements for a direct fire alarm and sprinkler system, providing documented life-safety improvements within the property.
Key Highlights
- 6‑unit apartment building with three 2‑bedroom and three 1‑bedroom units
- Private parking lot with 9 spaces
- All units updated and rented month to month
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
1,032
Businesses Nearby
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 Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Updated apartment property with month-to-month occupancy and coin-operated laundry.
Where is this apartment building located?
The property is located at 7111 170th Street Tinley Park, IL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 6‑unit apartment building with three 2‑bedroom and three 1‑bedroom units; Private parking lot with 9 spaces; All units updated and rented month to month
