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17236 Harlem Ave 5,538 SF 100% Leased Office Building Tinley Park, IL 60477 $1,085,821 CAD ($196.07 CAD/SF) 9.20% Cap Rate
Executive Summary
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$195,682
|
$35.33
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$195,682
|
$35.33
|
| Taxes |
$49,704
|
$8.98
|
| Operating Expenses |
$46,063
|
$8.32
|
| Total Expenses |
$95,767
|
$17.29
|
| Net Operating Income |
$99,915
|
$18.04
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $195,682 |
| Annual Per SF | $35.33 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $195,682 |
| Annual Per SF | $35.33 |
| Taxes (CAD) | |
|---|---|
| Annual | $49,704 |
| Annual Per SF | $8.98 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $46,063 |
| Annual Per SF | $8.32 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $95,767 |
| Annual Per SF | $17.29 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,915 |
| Annual Per SF | $18.04 |
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Ptsir
- Health Care and Social Assistance
- -
- -
- -
-
- Finance and Insurance
- -
- -
- -
State Farm began in 1922 as a mutual auto insurer founded by George J. Mecherle, who wanted pricing based on drivers' actual risk rather than broad categories. Over time, the company expanded beyond auto coverage into homeowners, renters, farm and ranch, life, health, disability, liability, and business insurance. State Farm also offers financial services, including banking through an alliance with U.S. Bank and investment products such as mutual funds and advisory services. The business now serves a broad customer base through a large agent network and manages insurance and financial service products across a wide range of policies and accounts.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Ptsir | Health Care and Social Assistance | - | - | - | ||
|
|
Finance and Insurance | - | - | - |
Property Taxes
| Parcel Number | 27-25-403-022-0000 | Total Assessment | $180,785 CAD |
| Land Assessment | $90,367 CAD | Annual Taxes | $49,704 CAD ($8.98 CAD/SF) |
| Improvements Assessment | $90,418 CAD | Tax Year | 2025 |
Property Taxes
Presented by
17236 Harlem Ave
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