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Tinley Crossing South - Availability Details

Off-Market

8200 West 185th Street, Tinley Park, IL 60487

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  • Property Type Industrial - Flex - Industrial
  • Property Size 83,359 Sqft
  • Lot Size 5.7 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1999

Location

  • City Tinley Park, IL
  • Zip Code 60487
  • Market Chicago

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 08 Apr, 2011
  • Arm's Length
  • Buyer Name

Market Trends

Average Actual Rents in Tinley Park

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Tinley Park Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $19.44
  • 2020 Office Vacancy Rate 16.74 %
  • 2020 Office Completions (Sqft)
View more Tinley Park market trends

Tax

  • Property Tax in 2019 $222,320
  • Market Value $6,716,027
  • Assessed Value $6,716,027

Find more tax info, including assessment history and abatements, on CommercialEdge