Skip to main content

Office Warehouse

7450 W Duvan Dr

7450 Duvan Dr, Tinley Park, IL 60477

Listing Price: $645,000

Gross SF
10,400
Price/Gross SF
$62.02
Lot Size
1.04 acres
Year Built
1989
Rentable SF
10,400

Investment Overview

Marcus & Millichap has been retained by Ownership as the exclusive broker in the sale of an industrial flex asset located at 7450 West Duvan Drive (the Property) in Tinley Park, Cook County, Illinois. Built in 1989, the Property is composed of 10,400 square feet, sitting on 1.04 acres. Built of reinforced concrete, the Property includes two docks, two drive-in doors, 18 ceiling height in the warehouse, 52 parking spaces, and two floors of office space. Located just two miles north of I-80, easy access is provided to Downtown Chicago, I-57, I-94, and I-355, giving the Property direct access to the entire Midwest and beyond.

The Property will be delivered vacant, allowing an investor with a value-add opportunity to stabilize the asset, or an owner-user the ability to occupy a portion of or the entirety of the property. An owner/user can obtain favorable financing and take advantage of todays low interest rates and capitalize on the strong industrial scene. Effectively, it may be more economical to own the building rather than to lease space elsewhere considering todays low interest rates and the potential tax advantages of real estate ownership.

Tinley Park is one of the most dynamic cities in the entire Midwest. With a population of 57,000, the community is strategically located in the center of the dynamic Interstate 80 Corridor, allowing business to take advantage of a regional population of nine million people. Metro Chicago is one the worlds finest transportation centers. Tinley Park is now the 14th largest city in Metropolitan Chicago (out of 256 communities). In addition, Tinley Park is one of the most diversified communities in metro Chicago, boasting major businesses in office, healthcare, retail, financial services, manufacturing, service, education, entertainment, and hospitality industries. Exemplary Tinley Park schools are ranked among the highest in the region. More than 45 area higher education institutions include two of the top-ranked universities in the world and recognized programs varying from liberal arts to nanotechnology. DeVry University, Lewis University, St. Xavier University, Fox College, Rasmussen College, Robert Morris University, ITT Technical Institute, and Moraine Valley Community College all offer classes in the Tinley Park/Orland Park area.

Investment Highlights

  • Reinforced Concrete Construction
  • Single or Multi-tenant Design
  • Value-add/Owner-user Investment Offering
  • Strong Leasing Market | 3.7 Percent Vacancy
  • Located Just 25 Miles From the Chicago Downtown Loop
  • Easy Access to I-80, I-57, I-94, and I-355

Exclusively Listed By

Financing By

Listing Price: $645,000

Gross SF
10,400
Price/Gross SF
$62.02
Lot Size
1.04 acres
Year Built
1989
Rentable SF
10,400

Investment Highlights

  • Reinforced Concrete Construction
  • Single or Multi-tenant Design
  • Value-add/Owner-user Investment Offering
  • Strong Leasing Market | 3.7 Percent Vacancy
  • Located Just 25 Miles From the Chicago Downtown Loop
  • Easy Access to I-80, I-57, I-94, and I-355

Investment Overview

Marcus & Millichap has been retained by Ownership as the exclusive broker in the sale of an industrial flex asset located at 7450 West Duvan Drive (the Property) in Tinley Park, Cook County, Illinois. Built in 1989, the Property is composed of 10,400 square feet, sitting on 1.04 acres. Built of reinforced concrete, the Property includes two docks, two drive-in doors, 18 ceiling height in the warehouse, 52 parking spaces, and two floors of office space. Located just two miles north of I-80, easy access is provided to Downtown Chicago, I-57, I-94, and I-355, giving the Property direct access to the entire Midwest and beyond.

The Property will be delivered vacant, allowing an investor with a value-add opportunity to stabilize the asset, or an owner-user the ability to occupy a portion of or the entirety of the property. An owner/user can obtain favorable financing and take advantage of todays low interest rates and capitalize on the strong industrial scene. Effectively, it may be more economical to own the building rather than to lease space elsewhere considering todays low interest rates and the potential tax advantages of real estate ownership.

Tinley Park is one of the most dynamic cities in the entire Midwest. With a population of 57,000, the community is strategically located in the center of the dynamic Interstate 80 Corridor, allowing business to take advantage of a regional population of nine million people. Metro Chicago is one the worlds finest transportation centers. Tinley Park is now the 14th largest city in Metropolitan Chicago (out of 256 communities). In addition, Tinley Park is one of the most diversified communities in metro Chicago, boasting major businesses in office, healthcare, retail, financial services, manufacturing, service, education, entertainment, and hospitality industries. Exemplary Tinley Park schools are ranked among the highest in the region. More than 45 area higher education institutions include two of the top-ranked universities in the world and recognized programs varying from liberal arts to nanotechnology. DeVry University, Lewis University, St. Xavier University, Fox College, Rasmussen College, Robert Morris University, ITT Technical Institute, and Moraine Valley Community College all offer classes in the Tinley Park/Orland Park area.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower