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    Property profile & analytics
    OFF-MARKET
    Grocery and convenience stores

    16000 Harlem Ave, Tinley Park, IL 60477-1612

    Entity Owned 9-yr Hold Free & Clear
    Property ID
    US28-2978554
    Property summary
    AI-generated overview

    This exceptional 39,824-square-foot retail property, located at 16000 South Harlem Avenue in Tinley Park, Illinois (zip code 60477), presents a unique investment opportunity. The property, identified by APN 27-24-201-014-0000, is currently configured as a bank but is adaptable to various retail uses. It boasts excellent visibility from Harlem Avenue, a major thoroughfare with a high daily traffic volume of 31,600 vehicles. The property benefits from ample parking and is strategically situated adjacent to a new Aldi store, ensuring high foot traffic and customer exposure. Strong surrounding tenants include Portillo's, Sears, Sam's Club, Hobby Lobby, and Meijer, creating a vibrant and desirable retail environment. The space is divisible, offering flexibility for potential tenants, with options for units as small as approximately 12,960 square feet. This prime location in Cook County, Illinois offers exceptional potential for businesses seeking high visibility and strong customer traffic. Contact for pricing and leasing details.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Use group GROCERY, SUPERMARKET
    APN 27-24-201-014
    UPID US28-2978554
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • ALDI Specialty Food Shop Supermarket
    • Tinley Park Coach Limo Limousine Service Corporate Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Aldi INC · 9 yrs held
    Aldi INC
    since 2017
    2 recorded transactions
    2017
    $5.3M
    2011
    $3.0M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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