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Nick Caulfield G.R.I.
Coldwell Banker Residential Brokerage
14225 S. 95th Avenue, Suite 451
 Orland Park, IL 60462

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$950,000 For Sale

16650 Oak Park Avenue
Tinley Park, IL 60477

3 units |
6,841 sq ft

Commercial: Retail/Stores - MLS# 12429512
Property Photo
1/13

Description

Location, location, location! Located in the prime downtown Tinley Park area at Oak Park Ave, this commercial property is strategically positioned in a high-traffic zone near 167th Street and Oak Park Avenue. It is adjacent to Tinley Park's historic downtown district, surrounded by a vibrant mix of retail, dining, and service-oriented businesses that create a thriving commercial atmosphere. Its strategic location offers excellent connectivity, with proximity to the Metra commuter rail's Tinley Park station (Rock Island Line), providing seamless access to downtown Chicago (approximately 23.5 miles away) and ensuring steady commuter traffic. Additionally, the property benefits from easy highway access via major interstates like I-80 and I-57, enabling efficient logistics and customer reach to Chicago's southern areas and surrounding suburbs within 30 minutes. This commercial building currently houses two thriving businesses: Smoke Hub-a popular smoke shop offering premium tobacco, vapes, and accessories; next to it stands a well-decorated nail salon** called** Vivid Nails. The building includes 37 parking spaces divided between its front and back; the back parking lot is semi-enclosed for better privacy, while ample front parking allows your clients to enjoy a comfortable shopping experience. The area attracts a diverse clientele, with these businesses receiving glowing reviews for their cleanliness, competitive pricing, and central location, reflecting strong commercial appeal and steady foot traffic. Tinley Park's affluent demographic, with household income above Illinois' average level, and its proximity to major attractions like the Hollywood Casino Amphitheatre (just 8 minutes away from Credit Union 1 Amphitheatre-originally known as World Music Theatre and formerly called New World Music Theatre, Tweeter Center, First Midwest Bank Amphitheatre, and Hollywood Casino Amphitheatre) further enhance the property's investment potential. This outdoor music venue, one of the largest in the Chicago area, brings our building many potential opportunities! This free-standing commercial building includes four spaces with four addresses: 16644, 16646, 16648, and 16650. It is an ideal choice for retail or service-oriented businesses seeking visibility and growth in a dynamic, high-demand neighborhood! Come make this your own business kingdom!

Features

  • Property Type: Commercial
  • Sub Type: Retail/Stores
  • Listing Status: Active
  • County/Area: Cook County
  • Zip Code: 60477
  • Sq.Ft.: 6,841 sq ft
  • Stories: 1
  • Units: 3 units
  • Zoning: COMMR
  • # Of Tenants: 3
  • Building Area Total: 6841
  • Construction Materials: Brick
  • Cooling: Central Air
  • Directions: Harlem Ave east on to 167th north on to Oak Park Ave
  • Electric: Service - 101 to 200 Amps
  • Estimated Tax/Sf: 7.25
  • Fire Protection: Alarm Monitored
  • Flooring: Concrete
  • Heat/Ventilation: Central Heat/Indiv Controls
  • Information: Short Notice OK, Show-Lock Box
  • Leasable Area: 6841
  • Leasable Area Units: Square Feet
  • Lot Size Square Feet: 26716
  • Main Type: Commercial Sale
  • Min Avail Sq Ft (Rentable): 2625
  • Misc Inside: Multi-Tenant
  • Outdoor Parking: 31-50 Spaces
  • Property Offered: For Sale Only
  • Rental Price: 25
  • Tax Annual Amount: 49611
  • Tax Year: 2023
  • Tenant Pays: Air Conditioning, Electricity, Heat, Insurance, Scavenger, Sewer
  • Township: Bremen
Courtesy of Newlife Realty LLC
Source: Midwest Real Estate Data (MRED)


Nick Caulfield | 708-267-4359 | Contact Me
14225 S. 95th. Avenue, Suite 451, - Orland Park, IL 60462
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