Six unit multifamily budling that consists of three 2-Bedroom 1 Bath Units, and, three-1 Bedroom 1-Bath units. Private parking lot with 10 spaces. Owner owned coin operated washer & dryer for additional income. The property has been consistently maintained and offers clean, well-kept common areas and future value-add potential. Most of the units are updated and rented with great potential for future rent increase. Ideally located near the downtown Tinley Park, Metra station, restaurants, shopping, and parks. The building is in compliance with the Tinley Park requirement of a direct fire alarm system.
| Listing Id: | 12734064 |
|---|---|
| List Price: | $850,000 |
| Property Type: | Commercial Sale |
| Property Type: | Multi Family 5+ |
| Status: | Active Under Contract |
| Parking On Site: | No |
| Tax Annual Amount: | $20,227 |
| City: | Tinley Park |
| County Or Parish: | Cook |
| Postal Code: | 60477 |
| Year Built: | 1971 |
| Total # Units In Building: | 6 |
| Basement: | false |
| Building Area Total: | 4928 |
| Construction Materials: | Brick |
| Cooling: | Wall Sleeve |
| Current Use: | Multi-Family |
| Directions: | HARLEM AVE TO 170TH STREET |
| Electric Expense: | $400 |
| Foundation Details: | Concrete Perimeter |
| Fuel Expense: | 3000 |
| Gross Income: | $93,000 |
| Gross Scheduled Income: | $94,800 |
| Insurance Expense: | $4,500 |
| Listing Contract Date: | 2026-08-23 |
| Lot Size Dimensions: | 0X0 |
| MLS Area Major: | Tinley Park |
| Approximate Age: | 36-50 Years |
| Agent Owned/Interest (Y/N): | No |
| Built Before 1978 (Y/N): | Yes |
| Building Unit Info: | Fire Alarm, Smoke/Alarm Detector |
| Conversion (Y/N): | N |
| Deconversion (Y/N): | N |
| # Of Dryers: | 1 |
| # Of Dishwashers: | 6 |
| Electric Expense Source: | Owner Projection |
| Fire Protection: | Alarm Monitored, Partially Sprinklered, Sprinklers |
| Fuel Expense Source: | Owner Projection |
| Gross Rent Multiplier: | 9.1 |
| Heat/Ventilation: | Central Bldg Heat |
| Information: | 48-Hr Notice Required |
| Insurance Expense Source: | Owner Projection |
| Janitor Expense: | 0 |
| Location: | Central Business District |
| List Price Per Sf: | 172.48 |
| Market Code: | Active |
| Owners Assoc (Y/N): | No |
| Other Expense Source: | Owner Projection |
| Ownership Type: | Limited Liability Corp |
| Outdoor Parking: | 6-12 Spaces |
| # Of Refrigs: | 6 |
| # Of Ranges: | 6 |
| Trash Expense Source: | Owner Projection |
| Total Monthly Income: | 7950 |
| Type Multi Family: | Flats |
| Update Date: | 2026-08-25T13:37:45 |
| Unincorporated (Y/N): | No |
| # Of Window/Ac: | 6 |
| Washer/Dryer Lsd (Y/N): | No |
| # Of Washers: | 1 |
| Water Expense Source: | Owner Projection |
| Net Operating Income: | $61,392 |
| Operating Expense: | $33,408 |
| Original List Price: | $850,000 |
| Other Expense: | $940 |
| Parcel Number: | 28301130180000 |
| Possession: | Tenant's Rights |
| State Or Province: | IL |
| Stories: | 3 |
| Tax Year: | 2024 |
| Tenant Pays: | Electricity |
| Township: | Bremen |
| Trash Expense: | $1,140 |
| Water Sewer Expense: | $3,200 |
| Zoning: | MULTI |
| Actual Status: | Contingent |
Listing Courtesy of: NS International Realty, INC
Listing Agent: Srdan Sterleman
773-503-6742
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Midwest Real Estate Data LLC data last updated on October 08, 2026 03:47 PM - CT
Based on information submitted to the MLS GRID as of October 08, 2026 03:47 PM - CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Some listings have been excluded from this website.
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Property Last Updated: October 08, 2026 03:47 PM - CT
