Property profile

16760 Oak Park Ave Tinley Park, IL 60477

OFF-MARKET
Residential income homes
Property ID
US28-2234140
3,531 SF 0.34 ac lot Built 1966
Entity Owned 8-yr Hold
Saved · see the list in your Dashboard

Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1966
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,531 SF
Lot 0.34 ac (14,969 SF)
APN 28-30-103-013
UPID US28-2234140

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Grocery & Convenience Store Specialty Food Shop

Location

16760 Oak Park Ave Tinley Park, IL 60477-2845
Tinley Park metro Census 825303 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$390k
CAP Approach CAP
$705k
Comparable Approach Comparable
$539k
Blend (final) Blend
$535k

Owner & transaction history

since 2018
3 recorded transactions
2018
Price N/A
2017
$225,000
2012
Price N/A

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $775,000 +62.5%
Retail stores $525,000 +10.5%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 16760 Oak Park Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message