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Office/Industrial Building 7601-7613 W 185th St

27,550 SF 100% Leased Industrial Building Tinley Park, IL 60477 $4,052,700 CAD ($147 CAD/SF)

Executive Summary

This expansive 27,550 sq ft industrial building, located in a prime area of Tinley Park, boasts a versatile layout that is divided into four distinct units, each featuring its own private dock for improved operational efficiency. The property is fully leased and benefits from its strategic location near numerous other industrial facilities, enhancing its appeal. Combining contemporary upgrades with a strategic location, this property presents a compelling investment opportunity. Many major improvements have already been completed, including new aluminum and glass window glazing, a partial asphalt replacement in 2024, a comprehensive roof and skylight replacement, refreshed exterior painting, extensive landscaping renovations, and state-of-the-art LED lighting upgrades in 2023. Additionally, the property has received new rooftop units, split HVAC systems, and modern plumbing enhancements in 2022. An offering memorandum is available upon request with a signed NDA.

Property Facts

Price $4,052,700 CAD
Price Per SF $147 CAD
Sale Type Investment
Property Type Industrial
Property Subtype
Warehouse
  • Office Industrial Live Work Unit
Building Class C
Lot Size 4.56 AC
Rentable Building Area 27,550 SF
No. Stories 1
Year Built 1998
Clear Ceiling Height 20 ft
No. Dock-High Doors/Loading 4
No. Drive In / Grade-Level Doors 1

Amenities

  • Mezzanine
  • Signage
  • Skylights
  • Monument Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-01-100-035
Land Assessment
$282,193 CAD
Improvements Assessment
$320,675 CAD
Total Assessment
$602,868 CAD

zoning

Zoning Code ORI, Tinley Park (Zoned ORI Office Restricted Industrial - Always confirm with the Village.)
ORI, Tinley Park (Zoned ORI Office Restricted Industrial - Always confirm with the Village.)
  • Listing ID: 33171150

  • Date on Market: 2024-09-13

  • Last Updated:

  • Address: 7601-7613 W 185th St, Tinley Park, IL 60477

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