17702 Oak Park Ave Ste A, Tinley Park, IL 60477-4340
This fully occupied, 4,100 square foot storefront at 17702 Oak Park Ave, Tinley Park, IL 60477, presents a compelling investment opportunity. The property, built in 1985 and situated on a 0.13-acre lot, is zoned for Neighborhood General Legacy District use. Currently operating under a single-tenant, gross lease agreement with a remaining term of approximately 3.8 years (expiring August 31, 2028, with commencement on September 1, 2023), the property boasts 100% occupancy. The Net Operating Income (NOI) stands at $22,140, yielding a 4.47% cap rate. The asking price is $495,000. This prime location offers excellent visibility and accessibility along Oak Park Avenue, near downtown Tinley Park. Financial documentation, including the rent roll and lease agreement, will be provided upon execution of a non-disclosure agreement. This is a rare opportunity to acquire a stable, income-producing retail property in a desirable location.
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Norman's Cleaners & Tuxedo Rental #1 dry cleaner brand in Tinley and Orland Park (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.