630-729-7944
8151 W 183rd St, Tinley Park, IL for Sale
Office - FOR SALE
1/16
null | Request Cap Rate

8151 W 183rd St
Tinley Park, IL 60487


HIGHLIGHTS

  • Tinley Crossings at 8151 W 183rd Street offers a turnkey office perfect for an owner-user at the heart of a thriving office submarket.
  • Currently 100% leased to two tenants who have occupied the building since 2001, and owners can choose to occupy 33,203 square feet if desired.
  • Commuting to and from the site is a breeze, with immediate access to I-80, connecting drivers to Chicago within a 45-minute drive.
  • Sits within a five-minute drive of Tinley Park Convention Center, one of the Midwest’s premier meeting and convention destinations.

OVERVIEW

Capitalize on a turnkey office available for sale and lease in an affluent community at Tinley Crossings. Located at 8151 W 183rd Street, the single-story, the 51,023-square-foot office is currently occupied by two tenants that have called Tinley Crossings home since 2001. However, owner-users can occupy 33,203 square feet of turnkey space, effectively allowing the remaining tenant to cover the mortgage. Brimming with private offices, cubicles, conference rooms, and a reception area, 8151 W 183rd Street is ready-made for a variety of businesses, including call centers. Encapsulating the office is a host of retail amenities, including Target, Dick’s Sporting Goods, Best Buy, Old Navy, Bath & Body Works, PetSmart, and Ross Dress for Less. Additionally, a brief five-minute drive separates employees from a menu of casual lunch options, like Starbucks, Panera Bread, Buffalo Wild Wings, Dunkin’, and Culver’s. A densely populated and affluent community home to over 174,000 residents within a five-mile radius supports this retail hub and boasts a median household income exceeding $90,000. Tinley Crossings is also pleasantly placed in the South Route 45 Submarket, a midsized submarket containing over 5,000,000 square feet of office space. Falling significantly over the past year, the vacancy rate of 5.2% is below the 10-year average as of 2023’s first quarter. Office properties have been traded regularly in recent years. Last year, sales significantly exceeded the three-year average, providing confidence to investors looking to buy into a thriving market.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Tinley Crossings

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

300

LAND DETAILS

LAND ACRES

3.42 AC

LAND SF

148,975 SF

ZONING

M1

APN/PARCEL ID

09-02-205-022

ASK ABOUT THIS PROPERTY

Rawly Lantz, SIORCawley Commercial Real EstateMore Info
630-729-7944

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Rawly Lantz, SIORCawley Commercial Real EstateMore Info
630-729-7944

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.