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20020168
20020169

18501 Maple Creek Dr, Tinley Park, IL 60477

BG
IL IL471.018140
CapRock Real Estate
Listed by CapRock Real Estate
$6,349,451
631 days on market
Updated 70 days ago

North Creek Executive Center

Details
Property Type Office
Sub Type Traditional Office
Square Footage 38,079
Net Rentable (SqFt) 38,079
Units 7
Cap Rate 8.5%
NOI $539,703
Occupancy 100%
Tenancy Multi
Lease Type NNN
Rent Bumps Yes
Pro-Forma Cap Rate 8.5%
Pro-Forma NOI $539,703
Price per SqFt $167
Broker Co-Op Yes
Class B
Year Built 2002
Buildings 1
Stories 1
Acreage 3.500
Parking Spaces 156 spaces
Parking Per SqFt 4.10
Investment Type Stabilized

Price Drop! 100% Stabilized Multi-tenant Office property in strong demographic area

Marketing description

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.

Nearby

  • I – 80 Express way

  • Brookdale Marketside (TJ Maxx, Dick’s Sporting Goods, Marshalls &

  • Best Buy)

  • 80th Ave Train Station

  • Tinley Park Convention Center

Investment 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)

Listing Contacts

BG
IL IL471.018140
CapRock Real Estate
Listed by CapRock Real Estate

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$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$539,703.00
$44,975.25/mo

Valuation Metrics

0
DSCR
8.5%
Cap Rate
8.5%
ROI

Map

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Additional Information

Name
Brian Goldman
License
IL471.018140
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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