Property profile

8525 183Rd Pl Tinley Park, IL 60487

OFF-MARKET
Warehouses
79,571 SF Built 2004
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Property summary

AI-generated overview

This exceptional 79,571-square-foot mixed-use property in Tinley Park, Illinois, presents a unique investment opportunity. Located at 8525 W. 183rd St., this Class B building, constructed in 2004, offers a blend of executive office and warehouse space, ideal for a variety of businesses. The property boasts four loading docks, providing efficient logistics capabilities. Ample parking is available, with a ratio of 5.19 spaces per 1,000 square feet. The M1 zoning allows for diverse uses, enhancing its versatility. Benefit from convenient access to I-80 and Metra stations, ensuring seamless transportation. Low Will County taxes contribute to a strong return on investment. The property currently generates approximately $500,000 in net annual income from a stable tenant base, with two lease options available. This professionally managed property offers a compelling combination of location, functionality, and financial stability, making it an attractive investment prospect. The property's address is 8525 183rd Pl, Tinley Park, IL 60487.

Property profile

Verified
Property type Warehouses
Year built 2004
Total area 79,571 SF

Cap rate & NOI

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

Location

8525 183Rd Pl Tinley Park, IL 60487
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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