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Property profile

18230 Oak Park Ave Tinley Park, IL 60477

OFF-MARKET
Land
0.5 ac lot
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Property summary

AI-generated overview

This exceptional .65-acre commercial land parcel presents a unique investment opportunity in the thriving Tinley Park market. Located at 18230 Oak Park Avenue, this property boasts a highly desirable location with excellent visibility and accessibility. The lot is zoned for Commercial and Neighborhood Flex uses under Tinley Park's Legacy Code, allowing for a variety of development possibilities, including commercial, office, and mixed-use buildings. The Village of Tinley Park is receptive to proposals aligning with these zoning designations. All utilities are readily available at the site, simplifying the development process. Strategically situated minutes from major interstates I-80, I-57, and I-355, this location ensures convenient access for both employees and customers. Detailed permitted and special use information is available upon request. The property benefits from significant traffic counts, with over 27,200 vehicles daily passing the intersection of 183rd Street and Oak Park Avenue, providing substantial exposure for any commercial venture. The APN is 28313070190000. The asking price for this prime commercial land is $375,000. Don't miss this chance to acquire a highly sought-after commercial property in a rapidly growing area. Contact us today to learn more and explore the potential of this exceptional investment.

Property profile

Verified
Property type Land
Lot 0.5 ac (21,780 SF)

Cap rate & NOI

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

Location

18230 Oak Park Ave 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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