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Financial
Distress signals
Property profile

18301 Oak Park Ave Tinley Park, IL 60477

FOR SALE
Retail space
Property ID
US28-2001019
0.7 ac lot Built 1942
Last sale Apr 2024
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A mixed-use restaurant and bar property that has historically been used for food and beverage service and is currently configured to support continued restaurant/bar operations, with the site also discussed for potential redevelopment. The property was annexed by the village from unincorporated Cook County in 2023, placing it in incorporated Cook County; zoning has been converted to R1, and any future development would require new zoning approval. The site is situated on a corner along Oak Park…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$37k
Tax billed · 2022
Assessed value$78k
Assessed land$57k
Assessed improvement$21k
Effective rate47.12%

Value estimate

· Oct 2026
$320k
$288k – $352k
AI approach$320k
NOI build-up
Gross scheduled income$70k
Vacancy & credit loss−$5k
Operating expenses−$16k
NOI · 13.87% cap applied$49k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$149/SF
County average, outlier-cleaned · 2350 recorded sales of this use type
Observed band · Q1–Q3$70 – $271

Cap rate analysis

How does the asset earn?
13.87%
$49k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.8
Pharmacy10.5
Bakery9.9

Location

18301 Oak Park Ave Tinley Park, IL 60477
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7950 167th, Tinley Park, IL 60477-2360 $800,000 Nov 2025 No data
16150 Harlem, Tinley Park, IL 60477-1614 $1,500,000 Apr 2025 No data
7615 17th W 159th, Tinley Park, IL 60477 $550,000 Jan 2025 No data
7901 43rd W 171st, Tinley Park, IL 60477 $6,303,146 Jan 2025 No data
17821 80th, Tinley Park, IL 60477-5023 $2,785,000 Oct 2024 No data
17407 67th, Tinley Park, IL 60477-4455 $245,000 Oct 2024 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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