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18400 Convention Center Dr
Tinley Park, IL 60477
LA Fitness · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Health Club
Building Size
45,000 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
8.00 AC
Zoning
PD - Planned Unit Development
Parking
297 Spaces
Frontage
569’ on Convention Center Dr

Amenities

  • Bus Line
  • Pool
  • Pylon Sign
  • Signage

About 18400 CONVENTION CENTER DR , TINLEY PARK, IL 60477

The LA Fitness is well positioned in a dense retail and office market and is immediately adjacent to the Tinley Park Convention Center, a 120,000 sf facility and one of the Midwest's premier meeting and convention destinations. The subject property is also located near Brookside Marketplace, a 600,000 sf power center anchored by SuperTarget, Dick's, Kohl's, Michaels, Old Navy, T.J.Maxx, HomeGoods, PetSmart, and Best Buy. The subject property is also located adjacent to seven major hotels and national restaurants. In addition, there are currently nearly 200,000 people living in a five-mile radius of the subject property with an average household income over $90,000. Located just 25 miles from the Chicago downtown loop, 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. Tinley Park is now the 14th largest city in Metropolitan Chicago (out of 256 communities). The subject property is a 45,000 sf freestanding LA Fitness located in Tinley Park, IL on Convention Center Drive and just off Interstate 80 (ADT of 109,500 +/-). LA Fitness signed a 15-year NNN Lease which expires in July 2022. LA Fitness, founded in 1984, is currently the largest non-franchised fitness club operator in the United States and currently operates approximately 650 locations throughout 29 US states and approximately 24 clubs in Canada. Collectively, these clubs served approximately four million members with revenues of about $1.8 billion. In 2015, Club industry ranked LA Fitness #1 in the Top 100 Health Clubs of 2015.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 31-06-100-029-0000
  • 31-06-100-031-0000
Land Assessment
$180,012
Improvements Assessment
$739,606
Total Assessment
$919,618
  • Listing ID: 5729241

  • Date on Market: 2/2/2017

  • Last Updated:

  • Address: 18400 Convention Center Dr, Tinley Park, IL 60477

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