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    OFF-MARKET
    Office Spaces

    18501 Maple Creek Dr, Tinley Park, IL 60477

    38,079 SF 3.5 ac lot Built 2002
    Property ID
    Property summary
    AI-generated 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
    Verified
    Property type Office Spaces
    Year built 2002
    Total area 38,079 SF
    Lot 3.5 ac (152,460 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • First American Title Insurance Company Title Company Escrow Service
    • Illinois Central Hospital Association Hospital
    • Lewis University College University
    • Radiant Minds Institute Crisis Center Medical Clinic
    • FedEx Drop Box Postal Service Courier Service
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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