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Maher Funeral Home 17101 S 71st Ave

25,434 SF Office Building Tinley Park, IL 60477 $2,195,000 ($86/SF)

Investment Highlights

  • Heavy Duty Construction
  • Major Renovation in 2015
  • Nearby Downtown Tinley Park and Easily Accessible

Executive Summary

Almost 26,000 SQ FT (on 2 Levels) of Government-Grade Concrete and Brick Construction on 1.9 Acres with ~ 70 Parking Spaces nearby Downtown Tinley Park, Metra, and Interstates 80 and 57. In 2015 over 1.4MM Dollars was invested in High-Grade Rehabilitation and Redesign with the nation's pre-eminent Funeral Home Architects/Builders. Very Rare: The property is conveyed with a 4" Owner's Manual detailing the Project and Product information from the renovation that maintains the scope, subcontractors (with contact), design, materials used, inspections, and performance reports - all available for review now. The property features ~12,717' above grade and an additional ~12,717' below grade plus a Below-Grade Atrium. It features a 1 Bedroom Residential Living Quarters, ADA Compliant Bathrooms, and an Elevator. Fully-Sprinklered and Fire Alarmed and with B-4 and R-4 Zoning this property can easily suit a very wide range of business and institutional needs at a fantastic tax rate. Potential uses may include: Medical, Educational, Community/Cultural Center, Office, and More. Currently the Main Floor is a high-quality high-service Funeral Home and the lower level is occupied by a Church. In remarkable condition, this is one of the finest buildings available in Chicagoland now.

Financial Summary (Actual - 2023)

Annual Annual Per SF
Taxes $26,834 $1.06
Operating Expenses - -
Total Expenses $26,834 $1.06

Financial Summary (Actual - 2023)

Taxes
Annual $26,834
Annual Per SF $1.06
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $26,834
Annual Per SF $1.06

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
25,434 SF
Building Class
B
Year Built/Renovated
1973/1997
Price
$2,195,000
Price Per SF
$86
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
12,717 SF
Building FAR
0.31
Lot Size
1.90 AC
Zoning
B-4, R-4 - B-4 and R-4
Parking
70 Spaces (2.75 Spaces per 1,000 SF Leased)

Amenities

  • Courtyard
  • Day Care
  • Air Conditioning
Walk Score ®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
28-30-315-019-0000
Land Assessment
$12,103
Improvements Assessment
$58,877
Total Assessment
$70,980
Annual Taxes
$26,834 ($1.06/SF)
Tax Year
2023
  • Listing ID: 33398554

  • Date on Market: 10/3/2024

  • Last Updated:

  • Address: 17101 S 71st Ave, Tinley Park, IL 60477

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