17517 80Th AveTinley Park, IL 60477

Property Details for 17517 80Th Ave

Year built

1997

Lot size

0.75 AC

Property type

Retail space

APN

27-36-103-017

APU

2736103017

Description

This single-tenant commercial property at 17517 S 80th Ave, Tinley Park, IL 60477, offers a 1,200 square foot office suite ideal for a variety of businesses. Located in a Class B building constructed in 1998, this one-story structure features ample parking and is conveniently situated near established businesses, including a CPA firm and a physical therapy facility. The suite itself boasts a functional layout including two private offices, two open or semi-private offices, a conference room, a kitchenette, and a reception/waiting area. The interior features carpeting throughout, with attractive wood-look flooring in the kitchenette. The property includes a security alarm system. The property is zoned B-4, offering flexibility for various commercial uses. The building has a single suite and no elevators. The APN is 27361030170000. This is a fantastic opportunity to acquire a well-maintained office space in a desirable Tinley Park location. The property includes 1,200 square feet of vacant space. This is a single-tenant occupancy building. The property is located in a convenient and accessible location.

• CAP approach

  CAP return

  Valuation

  6%

  $15,426,275

  6.5%

  $14,239,639

  7%

  $13,222,522

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,718,022

  Geo Method

  $10,718,022

• Alternative Use

  Use

  Valuation

  Residential

  $12,011,668

  Hospitality

  $11,002,623

  Educational

  $9,154,054

  Medical

  $9,468,876

  Retail

  $14,239,639

Location Insight

City

Tinley Park

County

Cook

State

Illinois

Latitude

41.5719

Longitude

-87.812

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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