Property profile

7601 185th St Tinley Park, IL 60477

OFF-MARKET
Industrial properties
Property ID
US28-1944239
24,312 SF 4.18 ac lot Built 1998
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Tinley Park investment opportunity presents a 27,550 square foot industrial building, ideally situated on a 4.56-acre lot (APN 1909011000350000). The property, built in 1998 and featuring a flexible layout divisible into four units, each with its own private loading dock (4 total docks), is currently 100% occupied. The building boasts a two-story design with ceiling heights ranging from 8 to 20 feet, and is zoned ORI. Recent capital improvements significantly enhance its value and appeal. These include a complete roof and skylight replacement, new aluminum and glass window glazing, partial asphalt replacement completed in 2024, refreshed exterior painting, extensive landscaping upgrades, and state-of-the-art LED lighting upgrades in 2023. Further enhancements completed in 2022 encompass new rooftop units, split HVAC systems, and modern plumbing upgrades. The property's strategic location near other industrial facilities in Tinley Park, Illinois (60477), ensures strong tenant demand and long-term stability. An offering memorandum is available upon request with a signed NDA. The asking price is $3,250,900, translating to $118 per square foot. The property is owned by a Limited Liability Corporation.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1998
Construction STEEL FRAME
Total area 24,312 SF
Lot 4.18 ac (182,081 SF)
APN 19-09-01-100-035
UPID US28-1944239

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
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store
  • Marketing & Advertising Advertising Agency
  • Advertising Agency Marketing & Advertising
  • Bakery Specialty Food Shop

Location

7601 185th St Tinley Park, IL 60477-6267
Tinley Park metro Census 883514 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$760k

Owner & transaction history

since 2025
Last sale
$2.6M
5 recorded transactions
2025
$2.6M
2019
$1.8M
1969
Price N/A
1969
Price N/A
1969
Price N/A

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
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