7220 194th St Tinley Park, IL 60487-9211

Property Details for 7220 194th St

Year built

2003

Construction

WOOD

Lot size

0.50 lot acres

Property size

5,920 SF

Property type

Commercial real estate

APN

19-09-12-200-024

APU

190912200024

Description

This exceptional single-story, 6,139 square foot office building in Tinley Park, IL, presents a compelling investment opportunity. Located on a 0.5-acre lot at 7220 W 194th Street, this property features nine units currently occupied by seven tenants under a gross lease. Built in 2003, the building boasts high-quality construction, including brick and masonry exterior, Thermopane windows, and an architectural shingle roof. The 400-amp electrical service ensures ample power for all business needs. Interior features include private offices, a conference room, common areas, and a full finished basement. The property offers 21 parking spaces and is zoned B4 for Office and Service Business District. Its strategic location in a mixed-use area provides easy access to expressways, a Metra station, and numerous commercial businesses and shopping centers, making it highly attractive to both tenants and investors. The asking price is $1,200,000, with a Net Operating Income (NOI) of $55,177, and a price per square foot of $195.47. This property represents a strong investment opportunity in a thriving location. The Will County address and zip code 60487 further define its location.