Technical
Financial
Distress signals
Property profile

7108 171St St Tinley Park, IL 60477

OFF-MARKET
Lifestyle centers
10,000 SF Built 1978
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fully leased 10,000 square foot shopping center situated in Tinley Park, Illinois. The property, located at 7108 171st St, 60477, boasts six tenants under a modified lease structure, ensuring a stable income stream. With a 100% occupancy rate, the property generates a strong net operating income (NOI) of $116,301, translating to a compelling 6.74% capitalization rate. Built in 1978, this single-story building sits on a 44,958 square foot lot and offers 35 parking spaces. The property is zoned B-3 and features a recently upgraded sprinkler system compliant with current city codes. Furthermore, four rooftop air conditioning units were replaced in 2022, demonstrating proactive property maintenance. The asking price is $1,725,000, representing a price per square foot of $172.50. This well-maintained, high-performing shopping center presents a rare opportunity for investors seeking a stable, income-producing asset in a desirable location. The property is held in trust.

Property profile

Verified
Property type Lifestyle centers
Year built 1978
Total area 10,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

7108 171St St Tinley Park, IL 60477
Tinley Park metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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