Tinley Park, IL
Commercial Real Estate Market Trends & Data
Tinley Park's Demographic Profile
Tinley Park has 21,190 households and a median income of $91,838, providing context for rent absorption and tenant demand across retail and multifamily assets. A -3% five-year population trend is a key signal for evaluating long-term demand in this market.
| Key Demographic Metric | Value |
|---|---|
| Population | 54,245 |
| # Households | 21,190 |
| Median age | 44 |
| Median household income | $91,838 |
| Avg household size | 3.0 |
| Renter-occupied housing units | 3,400 |
| 5-year population change | -3% |
{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Tinley Park, IL
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Tinley Park | $132 | 25,740 SF | 10.00% |
| Orland Park | $175 | 20,689 SF | 7.64% |
| Mokena | $164 | 23,679 SF | 10.00% |
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Tinley Park | $159 | 49,921 SF | 7.01% |
| Mokena | $174 | 46,901 SF | 7.01% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Tinley Park | $276 | 15,971 SF |
| Oak Forest | $586 | 7,277 SF |
| Orland Park | $227 | 12,242 SF |
| Country Club Hills | $747 | 7,051 SF |
| Mokena | $1,009 | 20,005 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Harvey | $99 | 14,810 SF | 8.51% |
| Blue Island | $83 | 77,172 SF | 8.23% |
Commercial Properties For Sale in Tinley Park
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
Nearby Commercial Markets
Comparing nearby markets helps investors see whether Tinley Park pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| Tinley Park | $204 | 35,012 SF |
| Orland Hills | $214 | 18,184 SF |
| Oak Forest | $586 | 14,586 SF |
| Orland Park | $214 | 28,623 SF |
| Country Club Hills | $542 | 5,825 SF |
Regional Demographic Comparison
This comparison places Tinley Park alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Tinley Park or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| Tinley Park | 54,245 | 21,190 | 44 | $91,838 | 3 | 3,400 | -3% |
| Orland Hills | 6,298 | 2,229 | 40 | $93,635 | 3 | 574 | -4% |
| Oak Forest | 26,462 | 9,906 | 41 | $81,331 | 3 | 2,183 | -3% |
| Orland Park | 58,033 | 22,267 | 47 | $92,927 | 3 | 3,000 | -3% |
| Country Club Hills | 16,746 | 5,700 | 40 | $67,849 | 3 | 1,714 | -2% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Tinley Park, IL and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.
FAQs About Commercial Investing in Tinley Park
Tinley Park offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Tinley Park. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Tinley Park. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Tinley Park. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Tinley Park, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.
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