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North Creek Executive Center 18401 Maple Creek Dr 24,732 SF Vacant 4-Star Office Building Tinley Park, IL 60477 $4,117,964 CAD ($166.50 CAD/SF)
INVESTMENT HIGHLIGHTS
- Accross the street from Tinley Park Convention Center
- Prestigeous Business Park location
- Hotels and Restaurants in immediate area
- Will County Taxes - significant reduced tax rate in most recent year
- Multitenant and multi-use possibilities
- Excellent location off of I-80 and Harlem Ave
EXECUTIVE SUMMARY
MAKE AN OFFER!
FOR IMMEDIATE SALE.
Solid construction- pre-engineered steel frame, masonry block, and brick face. Fully sprinklered. Sufficient parking with over 100 spaces.
25,000 single story building on 2.25 acre site. Solid building and construction.
Will County location. Minutes from I-80 and Harlem interchange.
Building is 100% vacant--ready for owner occupant who can surround with tenants in the other suites, or a great opportunity for a value-add investment. There have been several inquiries by prospective tenants for leasing, but property is for sale only!
Building was mostly Owner Occupied with surrounding tenants, but is now vacant and available for immediate sale.
Office suites are updated with several floorplans including private offices and open floorplans. Separately metered utilities. Possible Condominium Conversion and Redevelopment or adaptive use.
FOR IMMEDIATE SALE. SUBMIT YOUR OFFER TODAY.
PROPERTY SPECIFICATIONS
BUILDING SIZE: ±25,000 SF
LAND SIZE: ±2.25 AC
OCCUPANCY: VACANT - READY FOR OCCUPANCY
POWER: 277A/480V
HEATING: CENTRAL ROOF TOP UNITS
SPRINKLERS: WET - FULLY SPRINKLERED
YEAR BUILT: 2004
PARKING: ±103 SPACES
CONSTRUCTION: MASONRY BRICK & STEEL FRAME
ZONING: B-3 GENERAL BUSINESS & COMMERCIAL
The B-3 General Business and Commercial District is designed to accommodate a wide
range of specialized commercial uses, including highway-oriented services and
commercial types of establishments to serve the needs of motorists. This district is
intended to include those uses which would not be compatible in a neighborhood or
community-type shopping center.
FOR IMMEDIATE SALE.
Solid construction- pre-engineered steel frame, masonry block, and brick face. Fully sprinklered. Sufficient parking with over 100 spaces.
25,000 single story building on 2.25 acre site. Solid building and construction.
Will County location. Minutes from I-80 and Harlem interchange.
Building is 100% vacant--ready for owner occupant who can surround with tenants in the other suites, or a great opportunity for a value-add investment. There have been several inquiries by prospective tenants for leasing, but property is for sale only!
Building was mostly Owner Occupied with surrounding tenants, but is now vacant and available for immediate sale.
Office suites are updated with several floorplans including private offices and open floorplans. Separately metered utilities. Possible Condominium Conversion and Redevelopment or adaptive use.
FOR IMMEDIATE SALE. SUBMIT YOUR OFFER TODAY.
PROPERTY SPECIFICATIONS
BUILDING SIZE: ±25,000 SF
LAND SIZE: ±2.25 AC
OCCUPANCY: VACANT - READY FOR OCCUPANCY
POWER: 277A/480V
HEATING: CENTRAL ROOF TOP UNITS
SPRINKLERS: WET - FULLY SPRINKLERED
YEAR BUILT: 2004
PARKING: ±103 SPACES
CONSTRUCTION: MASONRY BRICK & STEEL FRAME
ZONING: B-3 GENERAL BUSINESS & COMMERCIAL
The B-3 General Business and Commercial District is designed to accommodate a wide
range of specialized commercial uses, including highway-oriented services and
commercial types of establishments to serve the needs of motorists. This district is
intended to include those uses which would not be compatible in a neighborhood or
community-type shopping center.
FINANCIAL SUMMARY (PRO FORMA - 2026) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$837,552
|
$33.87
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$17,449
|
$0.71
|
| Effective Gross Income |
$820,103
|
$33.16
|
| Taxes |
$111,674
|
$4.52
|
| Operating Expenses |
$139,592
|
$5.64
|
| Total Expenses |
$251,266
|
$10.16
|
| Net Operating Income |
$568,837
|
$23.00
|
FINANCIAL SUMMARY (PRO FORMA - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $837,552 |
| Annual Per SF | $33.87 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $17,449 |
| Annual Per SF | $0.71 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $820,103 |
| Annual Per SF | $33.16 |
| Taxes (CAD) | |
|---|---|
| Annual | $111,674 |
| Annual Per SF | $4.52 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $139,592 |
| Annual Per SF | $5.64 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $251,266 |
| Annual Per SF | $10.16 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $568,837 |
| Annual Per SF | $23.00 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
24,732 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2004
Price
$4,117,964 CAD
Price Per SF
$166.50 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
24,732 SF
Building FAR
0.25
Lot Size
2.25 AC
Zoning
B-3 - General Bus. & Com. District
The B-3 General Business and Commercial District is designed to accommodate a wide
range of specialized commercial uses
Parking
118 Spaces (4.77 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $1,311,812 CAD (2024) | |
| Land Assessment | $190,390 CAD (2024) | Annual Taxes | $111,674 CAD ($4.52 CAD/SF) |
| Improvements Assessment | $1,121,422 CAD (2024) | Tax Year | 2026 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$190,390 CAD (2024)
Improvements Assessment
$1,121,422 CAD (2024)
Total Assessment
$1,311,812 CAD (2024)
Annual Taxes
$111,674 CAD ($4.52 CAD/SF)
Tax Year
2026
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North Creek Executive Center | 18401 Maple Creek Dr
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