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    Property profile & analytics

    7865 159th St Tinley Park, IL 60477-1343

    • Retail space
    • 0.80 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 17, 2022
    Location Intelligence
    Property ID
    US28-2222887
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • The Cottage Bar & Grill / Bar & Grill / Cottage

    Property Details for 7865 159th St

    Year built
    1972
    Lot size
    0.80 lot acres
    Property type
    Retail space
    APN
    27-24-100-019
    APU
    2724100019

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tinley Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.8106
    Latitude
    41.6015
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $20,945
    $58,111
    $639
    $58,750
    -
    $232,444
    $2,556
    $235,000

    Comparable in this City

    • Value Estimation by Request

      15920 Harlem Ave

      RETAIL STORES (PERSONAL SERVICES)
      15920 Harlem Ave, Tinley Park, IL 60477-1610
      View Details
    • Value Estimation by Request
      0.90 Acres

      16555 Oak Park Ave

      STORE, RETAIL OUTLET • 0.90 Acres
      16555 Oak Park Ave, Tinley Park, IL 60477-1752
      View Details
    • Value Estimation by Request
      0.17 Acres

      17112 Oak Park Ave

      STORE, RETAIL OUTLET • 0.17 Acres
      17112 Oak Park Ave, Tinley Park, IL 60477-3406
      View Details
    • Value Estimation by Request
      0.67 Acres

      15901 Oak Park Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.67 Acres
      15901 Oak Park Ave, Tinley Park, IL 60477-1654
      View Details
    • Value Estimation by Request
      0.12 Acres

      17028 Oak Park Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.12 Acres
      17028 Oak Park Ave, Tinley Park, IL 60477-2722
      View Details
    • Value Estimation by Request
      0.22 Acres

      17265 Oak Park Ave

      STORE, RETAIL OUTLET • 0.22 Acres
      17265 Oak Park Ave, Tinley Park, IL 60477-3401
      View Details

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    Similar Nearby for Lease

    • Contact for pricing

      Retail Space in Tinley Park

      Retail suite available in Tinley Park with ample parking.
      16717 80Th Ave, Tinley Park, IL 60477
      View Details
    • Contact for pricing
      1,569 SF

      Retail Space in Tinley Park

      Retail spaces available in growing Tinley Park, Illinois.
      17821-17847 80Th Ave, Tinley Park, IL 60477
      View Details
    • $14 SF/Yr
      1,400 SF

      Retail Space in Tinley Park

      Retail spaces available in busy Tinley Park shopping center.
      9510-9536 W 179Th St, Tinley Park, IL 60477
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    • $20 SF/Yr
      1,991 SF

      Office/Retail Space with Open Layout

      1,991 SF office/retail space in busy Tinley Park center.
      18311 N Creek Dr, Tinley Park, IL 60477
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    • $12 SF/Yr
      1,431 SF

      Retail Space on Oak Park

      Available retail space suitable for various professional or retail uses.
      17016-17054 Oak Park Ave, Tinley Park, IL 60477
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    • Contact for pricing
      1,960 SF

      Retail Space in Tinley Park

      Redeveloped retail space with high visibility and strong anchor tenants.
      16205 S Harlem Ave, Tinley Park, IL 60477
      View Details

    Property Visit Statistics

    • Visits by month
      1.7k
    • Visitors by month
      1.1k
    • Avg Time on site
      22 min
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    7865 159th St
    Tinley Park, IL 60477-1343
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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