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Active - Land for sale

Tinley Park, IL

Facts & features

Land Property type
35 days on Beycome
7,841 sqft Lot size

Why you’ll love it

DOWNTOWN TINLEY PARK REDEVELOPMENT OPPORTUNITY! Located within Tinley Park's Downtown Legacy District - Downtown General (DG) subdistrict, this property offers significant redevelopment potential in an area specifically intended to transition existing properties toward higher-density residential uses. Under the DG redevelopment standards, permitted building types include MULTI-FAMILY and SINGLE-FAMILY ATTACHED, creating potential for a multi-unit residential building, townhomes/rowhomes or other qualifying development, subject to Village approval. The DG district requires a minimum two-story building height, with allowable maximum building height governed by the Legacy District regulating plan. Residential development requires one on-site parking space per dwelling unit. Existing improvements may also qualify under the Legacy Code's Heritage Site provisions when improvements remain below the applicable 50/50 market-value threshold. New detached single-family redevelopment is not identified as a permitted building type under the DG redevelopment standards. Buyer/developer to perform all due diligence with the Village of Tinley Park regarding permitted use, density, building height, setbacks, parking, access, utilities and development requirements.Property is being sold AS-IS. Buyer to perform all due diligence and verify zoning, density, permitted uses, elevator requirements, and redevelopment plans with the Village of Tinley Park.

Translating description...

Listings courtesy of @properties Christies International Real Estate as distributed by MLS GRID.

Listed by: Liz Ruiz • @properties Christies International Real Estate

Co-listed by: @properties Christies International Real Estate

Source: MRED as distributed by MLS GRID, MLS#: 12782540 MRED as distributed by MLS GRID logo

Based on info available as of Nov 14, 2026 at 11:26 AM EST.

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Affordability

$255,000$525,000
1%20%
0%90%
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Estimated monthly payment

$2,675/mo

  • Mortgage$1,972
  • Property tax$703
  • HOA fee
  • Homeowners insurance
Due at closing$310,050
Down payment held in escrow$78,000
Closing costs$5,850
beycome credit Est.$7,800

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Tinley Park

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Midwest Real Estate Data may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved. Based on information submitted to the MLS GRID as of Nov 14, 2026 at 11:26am EST. 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.

$390,000 Listed price

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