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Center 18501 Maple Creek Dr

38,079 SF 100% Leased Office Building Tinley Park, IL 60477 $6,349,451 ($167/SF) 8.50% Cap Rate

Investment Highlights

  • Low Will County real estate taxes
  • Close to I-80 Interstate and 35 minutes from downtown Chicago
  • Strong Demographics: Population of 68,986 and Household Income $104,075 within Three Miles
  • Big price drop!

Executive Summary

CapRock is pleased to offer for sale the North Creek
Executive Center, a single-story office building currently 100%
leased.
The property was constructed in 2002 and strategically
located at 18501 Maple Creek drive in Tinley park, Illinois just
northwest of the intersection of Harlem Avenue and I-80.
Easy and quick access to the property is provided via I-80.
Highlights
? Close to I-80 Interstate and 35 minutes from downtown
Chicago
? Low Will County real estate taxes
? Strong Demographics: Population of 68,986 and Household
Income $104,075 within Three Miles
? Ample parking and multiple access points
? Vacancy currently exists in one fully built-out unit (1,098 SF)
Nearby
? I – 80 Express way
? Brookdale Marketside (TJ Maxx, Dick’s Sporting Goods, Marshalls &
Best Buy)
? 80th Ave Train Station
? Tinley Park Convention Center

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
38,079 SF
Building Class
B
Year Built
2002
Price
$6,349,451
Price Per SF
$167
Cap Rate
8.50%
NOI
$539,703
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
38,079 SF
Building FAR
0.27
Lot Size
3.24 AC
Zoning
B-1 - Business Park
Parking
155 Spaces (4.11 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Signage
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 7,500 SF
  • Office
  • Full Build-Out
  • May 2025

7,500 sf of office space available for lease

Space Size Space Use Condition Available
1st Floor 7,500 SF Office Full Build-Out May 2025

1st Floor

Size
7,500 SF
Space Use
Office
Condition
Full Build-Out
Available
May 2025

1st Floor

Size 7,500 SF
Space Use Office
Condition Full Build-Out
Available May 2025

7,500 sf of office space available for lease

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 09-01-204-008
  • 09-01-204-007
Land Assessment
$202,072
Improvements Assessment
$799,547
Total Assessment
$1,001,619
  • Listing ID: 33194585

  • Date on Market: 9/16/2024

  • Last Updated:

  • Address: 18501 Maple Creek Dr, Tinley Park, IL 60477

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