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18501 Maple Creek Dr Tinley Park, IL 60477

Sponsored
For Sale
$6,349,451

Multi-tenant office building, 100% occupied, strong ROI.

Property size:
38,079 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
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 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

HighLights

  • $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.
  • Located at 18501 Maple Creek Dr, Tinley Park, IL 60477, offering convenient access to I‑80 and proximity to amenities.
  • Features 156 parking spaces and ample access points.
  • Includes rent bumps and a broker co‑op.
Property Profile Location Intelligence

Current Use by Public Records

First American Title ... Title Company Illinois Central Hospital ... Hospital Lewis University College Radiant Minds Institute Mental Health Service FedEx Drop Box Mailing Service

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Tinley Park
County
Will
State
Illinois
Longitude
-87.7934711
Latitude
41.5550481

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.
More about this property
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