Tinley Park, IL 60477,16650 Oak Park AVE
Tinley Park, IL 60477,16650 Oak Park AVE
Tinley Park, IL 60477,16650 Oak Park AVE
Tinley Park, IL 60477,16650 Oak Park AVE
Tinley Park, IL 60477,16650 Oak Park AVE
Tinley Park, IL 60477,16650 Oak Park AVE
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$ 950,000
Est. payment | /mo

6,841 SqFt


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$ 950,000
Est. payment | /mo
Save

6,841 SqFt

Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 6,841 sqft

Price per Sqft $138

MLS Listing ID 12429512

Annual Tax Amount $49,611

Tax Year 2023

Lot Dimensions 266X100

Property Sub-Type Retail/Stores

Property 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!

Location

State IL

County Cook

Area Tinley Park

Zoning COMMR

Interior

Cooling Central Air

Flooring Concrete

Fireplace N

Building

Dwelling Type Retail/Stores

Level or Stories 1

Structure Type Brick

Midwest Real Estate Data (MRED) IDX
Listed by Yunmei Luo • Newlife Realty LLC
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2325 Dean St, Suite 900, St Charles, Illinois, 60175, USA

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16650 Oak Park AVE