7101 183Rd St Tinley Park, IL 60477
This exceptional retail property, located at 7101 W. 183rd Street in Tinley Park, Illinois, presents a compelling investment opportunity. The property, known as Convention Plaza, boasts a total building size of 12,161 square feet and is situated within a B3 zoned area of Tinley Park, Cook County. Built in 2008, the building currently features a single tenant occupancy, with 2,746 square feet of space currently vacant, offering significant potential for expansion or lease to new tenants. The property's convenient location in Tinley Park, zip code 60477, provides excellent visibility and accessibility for businesses. The structure is offered as a Triple Net Lease, meaning the tenant is responsible for property taxes, insurance, and maintenance, making this an attractive low-maintenance investment. With its substantial size and prime location, this property is ideal for a variety of retail businesses seeking a strong foothold in the Tinley Park market. The existing infrastructure and modern construction provide a solid foundation for immediate occupancy or future development. Serious inquiries are encouraged to explore the possibilities this property offers. The property's coordinates are 41.5699614 latitude and -87.7861711 longitude.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.