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Tinley Crossings 8151 W 183rd St 51,023 SF Office Building Tinley Park, IL 60487 For Sale
INVESTMENT HIGHLIGHTS
- Tinley Crossings at 8151 W 183rd Street offers a turnkey office perfect for various businesses at the heart of a thriving community.
- Features private offices, conference rooms, and a reception area, creating a ready-made experience for a host of businesses.
- 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.
EXECUTIVE SUMMARY
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, showcasing the market’s attractiveness. Tinley Crossings at 8151 W 183rd Street is perfectly designed and positioned for businesses searching for a new home in a thriving market.
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Available For Lease: ± 7,000 – ± 24,271 square feet.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 7,000-24,271 SF | Office | Partial Build-Out | 30 Days |
1st Floor
| Size |
| 7,000-24,271 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| 30 Days |
1st Floor
| Size | 7,000-24,271 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | 30 Days |
Available For Lease: ± 7,000 – ± 24,271 square feet.
ABOUT SOUTH ROUTE 45
The retail market surrounding South Route 45 is a surprising mix of nature preserves and lakes to the northeast and commerce, entertainment, and residential living to the south. Orland Park, at the area’s core, is home to the 1.2 million-square-foot Orland Square Mall, the largest mall in the south and southwest suburbs of Chicago. The mall has witnessed quite a few transformations through the years, adjusting to the new climate of retail. It now houses Robert Morris College Tech Center (300 employees) where there was once a movie theater; Texas de Brazil moved into the former Sears’ second floor; and the Dave & Buster’s entertainment center was built near the former Toys “R” Us outlot. To the south is Tinley Park’s outdoor music venue Hollywood Casino Amphitheatre, with a 28,000-spectator capacity. Owned by Live Nation, the theater hosts numerous concerts and live music festivals throughout Chicago’s temperate months.
Plenty of work gets done here, too, with businesses employing hundreds of area residents. Over 10 healthcare facilities retain collectively over 50,000 employees, including 1,800 from Palos Health in Palos Heights and 640 from Northwestern Medicine’s Orland Park location. Other large firms include wire manufacturer Panduct (1,200 employees) in Palos Heights and plumbing and mechanical fabricator ASC Engineered Solutions (288 employees) in Tinley Park.
DEMOGRAPHICS
Demographics
NEARBY AMENITIES
RESTAURANTS |
|||
|---|---|---|---|
| Happy Bites | Burgers | $ | 4 min walk |
| The California Way | - | - | 4 min walk |
| Los Burritos 3 | Mexican | $ | 4 min walk |
RETAIL |
||
|---|---|---|
| Byline Bank | Bank | 5 min walk |
| Tutor Time | Daycare | 4 min walk |
| Speedway | Convenience Market | 6 min walk |
| Devito Insurance | Insurance | 9 min walk |
| Fidelity National Title | Insurance | 9 min walk |
| Primerica | Finance Company | 15 min walk |
| Anytime Fitness | Fitness | 18 min walk |
HOTELS |
|
|---|---|
| Wingate by Wyndham |
86 rooms
4 min drive
|
| Holiday Inn |
108 rooms
4 min drive
|
| La Quinta Inns & Suites |
101 rooms
4 min drive
|
| Hampton by Hilton |
63 rooms
5 min drive
|
PROPERTY TAXES
| Parcel Number | 19-09-02-205-022 | Improvements Assessment | $1,386,811 CAD |
| Land Assessment | $258,305 CAD | Total Assessment | $1,645,116 CAD |
PROPERTY TAXES
SALE ADVISORS
SALE ADVISORS
Rawly Lantz, SIOR, Principal
Prior to joining the commercial real estate industry, he developed his sales, marketing and analytical skill set over seven years at RR Donnelley and the Robert Bosch Corporation. Rawly is an avid golfer and lettered in the sport multiple times during his collegiate career.
Justin Harris, Vice President
Justin graduated from DePaul University with a degree in Finance and Marketing, with a concentration in Sales Leadership. He joined Cawley Chicago in 2017 as the Research Director, which enabled him to grasp a strong, thorough understanding of the Chicagoland office, medical, and industrial real estate markets. This knowledge and experience enabled Justin to quickly transfer his skills to the brokerage side of the real estate business, representing both property owners and tenants in Suburban Chicagoland. Utilizing his prior experience in hospitality management paired with his analytical education, Justin finds solutions that are custom tailored to his clients’ unique needs while providing an unmatched level of service and communication.
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Tinley Crossings | 8151 W 183rd St
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