18501 Maple Creek Dr Tinley Park, IL 60477
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Multi-tenant office building, 100% occupied, strong ROI.
Property size:
38,079 SFProperty Features for 18501 Maple Creek Dr
General Information
- Property type
- Office Properties & Spaces
- Square Feet
- 38,079 SF
- Class
- B
- Lot Size
- 152,460 SF
Building Details
- Year Built
- 2002
- Buildings
- 1
- Stories
- 1
- Units
- 7
Listing Agency: CapRock Real Estate Listing Agent: Brian Goldman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a single-story, 38,079 square foot Class B office building situated on a 3.5-acre lot at 18501 Maple Creek Drive, Tinley Park, Illinois 60477. Built in 2002, the property boasts 100% occupancy with six tenants across seven units, generating a substantial NOI of $539,703 and an 8.50% cap rate. The asking price is $6,349,451, translating to $166.74 per square foot and $907,064.43 per unit. The property features ample parking with 156 spaces and multiple access points, benefiting from its strategic location near I-80, providing easy access to downtown Chicago (approximately 35 minutes away). The surrounding area showcases strong demographics, with a population of 68,986 and a household income of $104,075 within a three-mile radius. Low Will County real estate taxes further enhance the investment appeal. Conveniently located near shopping centers like Brookdale Marketside (including TJ Maxx, Dick's Sporting Goods, Marshalls, and Best Buy), the 80th Ave Train Station, and the Tinley Park Convention Center. The property includes rent bumps and is currently 100% leased, although one fully built-out unit (1,098 sq ft) is currently vacant. This is a stabilized investment with a proven track record, offering a compelling opportunity for long-term growth and passive income. The lease type is NNN.
Property Profile
Location Intelligence
Current Use by Public Records
First American Title ...
Title Company
Illinois Central Hospital ...
Hospital
Lewis University
College
Radiant Minds Institute
Crisis Center
FedEx Drop Box
Postal Service
Location Insight
- Map
- Local Demand
- City
- Tinley Park
- County
- Will
- State
- Illinois
- Longitude
- -87.7934711
- Latitude
- 41.5550481
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FAQs
What type of property is this?
Office Property / Space - Multi-tenant office building, 100% occupied, strong ROI.
Where is this office property / space located?
The property is located at 18501 Maple Creek Dr Tinley Park, IL.
What is the asking price?
The asking price for this property is $6,349,451.
What are key features of this property?
This property features: $6,349,451 asking price for this stabilized Class B office property.; 38,079 square feet, multi-tenant (6 tenants), 100% occupancy.; 8.50% cap rate, with a $539,703 NOI.