4840 171St St Tinley Park, IL 60478
- Commercial real estate
- 3.16 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 4840 171St St
- Lot size
- 3.16 lot acres
- Property type
- Commercial real estate
- APN
- 28-28-408-007; 28-28-408-013
Description
This exceptional 3.16-acre commercial land parcel presents a unique development opportunity in Tinley Park, Illinois, situated at the strategic intersection of I-57 and I-80. Zoned unincorporated Cook County, this property boasts significant potential for various uses, including truck parking, a gas station or truck stop with gaming, or a gravel lot requiring no immediate improvements. The site is serviced by either a well and septic system or offers the option of annexation into Country Club Hills. Future infrastructure improvements are planned, including a new stoplight at the corner of 171st Street and Cicero Avenue, enhancing visibility and accessibility. This location benefits from its designation as an Opportunity Zone, providing potential tax advantages for investors. Additionally, Class 8 incentives are available, further enhancing the financial attractiveness of this development opportunity. The property's APN is 28-28-408-007
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tinley Park
- County
- Cook
- State
- Illinois
- Longitude
- -87.733883
- Latitude
- 41.579339
