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Financial
Distress signals
Property profile

7220 194th St Tinley Park, IL 60487

OFF-MARKET
Commercial real estate
Property ID
US28-5882583
5,920 SF 0.5 ac lot Built 2003
Last sale May 2025 · $999,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$19k
Tax billed · 2023
Assessed value$191k
Assessed land$32k
Assessed improvement$159k
Effective rate10.18%

Value estimate

· Oct 2026
$330k
$297k – $363k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$279/SF
Submarket average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$110 – $456
Qualifying comparables9

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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.

JurisdictionWILL

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 agency22.1
Building Supply17.5
Auto Repair Shop15.9

Location

7220 194th St Tinley Park, IL 60487-9211
County assessor Recorded deeds · 5 transfers 9 qualifying comp sales 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
18305 La Grange, Tinley Park, IL 60487-7730 $1,000,000 Jan 2024 9,422 SF
7228 191st, Tinley Park, IL 60487-9378 $2,727,620 Apr 2022 3,943 SF
8061 186th St Ste, Tinley Park, IL 60487-9340 $1,000,000 Mar 2022 2,062 SF
7212 191st, Tinley Park, IL 60487-9412 $362,399 Dec 2018 4,514 SF
7208 191st, Tinley Park, IL 60487-9378 $362,399 Dec 2018 4,514 SF
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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