7601 185th St, Tinley Park, IL 60477-6267
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.
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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.