16703 S Harlem Avenue
Tinley Park, Illinois 60477

Closed / MLS #11077255 / Commercial / Mixed Use / Tinley Park
Listing information updated 9/29/2021 at 2:23pm
Brookline Real Estate, LLC. is proud to present the opportunity to acquire a multi-tenant retail center positioned in a strong, transit-oriented location in the Chicago suburb of Tinley Park. Marketplace at Tinley Park contains 9,865 square feet and is situated on approximately 2.12 acres. Near the southeast corner of Harlem Avenue and 167th Street, the center benefits greatly from its position next door to CVS, among dozens of other national retailers along the active Harlem Avenue trade corridor. Anchored by drive-thru restaurant, Fry the Coop, the center is fully occupied by internet-resistant tenants on long-term leases. Income is well distributed among the five popular restaurants. Differentiated menus and contrasting rush hours allow for an ideal synergy and mutual benefit across the property. The all-brick building has been impeccably maintained and offers its visitors both front and rear parking in a landscaped and well kept lot. Two entrances on separate roads aid traffic flow and allow the drive-thru to operate smoothly. Cross access with CVS allows for entry from 167th Street as well. This asset is being offered at a 7.50% CAP rate with tremendous cash flow and continued growth.

Listing Office: Brookline Real Estate LLC

Listing Office Phone: 630.590.5910

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