8041 186Th StTinley Park, IL 60487

Property Details for 8041 186Th St

Year built

2005

Construction

WOOD

Lot size

1.06 AC

Property size (Sq ft)

2,062 SF

Property type

Other commercial real estate

APN

19-09-02-202-024-1001

APU

1909022020241001

Description

This single-story, 2,062 square foot office condo in Tinley Park, Illinois is available for $400,000. Built in 2005, this traditional office space features a welcoming reception area, two private offices, two restrooms, and a breakroom, along with ample open office space. The unit boasts abundant natural light and views of a pond. The property is situated on a single building on a 1-story structure, with M-1 zoning. The gross lease has a remaining term of approximately 1.1 years, expiring December 31, 2025. The property includes one unit and is owned by a Limited Liability Corporation. Low Will County property taxes contribute to lower operating costs. Its convenient location, just 1.5 miles from I-80 and Harlem Avenue, provides easy highway access. This presents a strong investment opportunity with an existing tenant providing immediate income generation. The APN is 1909022020241001.

• Alternative Use

  Use

  Valuation

  Residential

  $758,500

  Hospitality

  $694,782

  Educational

  $578,050

  Medical

  $597,930

  Retail

  $899,190

Location Insight

City

Tinley Park

County

Will

State

Illinois

Latitude

41.5527

Longitude

-87.8138

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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