6715 174th Street Tinley Park, IL 60477
INVESTMENT OPPORTUNITY JUST STEPS FROM DOWNTOWN TINLEY PARK! Located at 6715 174th St, this two-flat offers incredible potential for investors, renovators, and developers looking to capitalize on a desirable location near Downtown Tinley Park, shopping, dining, and the Metra station. The property is currently configured as a two-unit building and is in need of TLC, presenting an excellent opportunity to renovate, add value, and generate rental income. With the right improvements, estimated rental rates could range from $1,750 to $1,850 per month per renovated 2-bedroom, 1-bathroom unit, offering attractive income potential for investors. Rental figures are estimates based on the location and are not guaranteed. Beyond its rental potential, the property also offers an exciting redevelopment opportunity! Located within Tinley Park's Downtown General (DG) Subdistrict, the site may offer possibilities for future multifamily redevelopment, subject to Village zoning regulations, density requirements, and approvals. Whether you're looking to renovate and hold as an income-producing property or explore future redevelopment possibilities, this property offers multiple investment strategies in a growing downtown area. PROPERTY IS BEING SOLD AS-IS. Buyer to perform all due diligence regarding property condition, rental potential, zoning, and redevelopment opportunities. Also available and listed as vacant land on MLS # 12782540
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Listing Office Phone: 630-634-0700
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Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. 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.
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