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Timberlane, IL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Timberlane, Illinois Market population: 11K. Explore income-producing properties with verified cap rates and operating...

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⭐ Featured

Investment Opportunity in La Grange Park, IL

$1,190,000
La Grange Park Multifamily

This multifamily apartment property located in La Grange Park, IL, presents a compelling investment opportunity for real...

Cap Rate 7.68%
NOI $91,392
Size 5,200 SF

πŸ“Š Average Cap Rate For Timberlane LA Properties: 7.68%

πŸ“Š Avg Property Tax Rate For Timberlane LA Properties: 0.5300%

πŸ“Š Average Income For Timberlane LA Commercial Property: $56,851

Investor Questions For Timberlane LA

Common questions from investors exploring commercial real estate in Timberlane LA.

What's the overall investment outlook for Timberlane, LA? +
With a median household income of $56,851 and a relatively low poverty rate of 14.2%, combined with a high health insurance coverage rate of 86.6%, Timberlane presents a stable investment market. The top industries, including Finance & Insurance and Professional, Scientific, & Management, also suggest a strong and diverse economy. Additionally, the average commute time of 23.7 minutes and high homeownership rate of 70.5% indicate a desirable quality of life.
How does the ethnic diversity of Timberlane impact the rental market? +
The diverse ethnic makeup of Timberlane, with Black, White, and White Non-Hispanic populations, suggests a vibrant and inclusive community, which can attract a wide range of renters. When combined with the relatively high median property value of $159,100 and low poverty rate, this diversity can contribute to a stable and profitable rental market. Furthermore, the strong employment numbers, with 5,052 employed individuals, support the potential for reliable tenants.
What role do commute times and transportation options play in the investment potential of Timberlane? +
The average commute time of 23.7 minutes in Timberlane is relatively short, and the top commute methods, including driving alone, carpooling, and working from home, indicate flexible transportation options. This, paired with the high health insurance coverage rate of 86.6% and low poverty rate of 14.2%, suggests a population with stable employment and good access to healthcare, making for more reliable tenants and a more attractive investment opportunity.
How does the income inequality and poverty rate in Timberlane affect the quality of tenants? +
The poverty rate of 14.2% in Timberlane, although relatively low, combined with an income inequality GINI coefficient of 0.41, suggests some level of economic disparity. However, the high health insurance coverage rate of 86.6% and median household income of $56,851 indicate a working population with access to healthcare, which can contribute to a more stable tenant base. The median property taxes of $2,359 also suggest a manageable cost of ownership, which can attract long-term tenants.
What are the key indicators of market demand and potential for appreciation in Timberlane? +
The top industries in Timberlane, including Finance & Insurance and Arts, Entertainment, & Recreation, suggest a growing and diverse economy, which can drive demand for housing. The median property value of $159,100, combined with a relatively high homeownership rate of 70.5% and low poverty rate of 14.2%, indicates a stable and potentially appreciating market. Additionally, the average commute time of 23.7 minutes and high health insurance coverage rate of 86.6% contribute to a desirable quality of life, further supporting market demand and potential for long-term appreciation.

Timberlane LA Real Estate & City Facts

Key facts and real estate information about Timberlane LA.

What are some of the best neighborhoods to live in Timberlane? +
Some of the best neighborhoods to live in Timberlane include Timberlane Estates, which is known for its low crime rates and friendly atmosphere. Other neighborhoods in the area, such as Lakeview, are also desirable places to live, with a mix of middle-class to upper-class populations.
What are some fun things to do in Timberlane? +
There are plenty of things to do in and around Timberlane, including visiting the St. Joseph Church and Gardens, exploring the City of Gretna's Area Attractions, and taking a stroll along the walking path at the Timberlane Country Club. You can also check out the nearby Oakwood Shopping Center, Aquarium of the Americas, and IMAX Theatre.
What is the food scene like in Timberlane? +
The food scene in Timberlane is varied, with a range of restaurants to choose from, including Atchafalaya Restaurant, Red Maple Restaurant, and Café Hope. There are also plenty of great food trucks and cafes in the area, such as Brown Butter Depot and Restaurant des Familles.
What are the pros and cons of living in Timberlane? +
The pros of living in Timberlane include its safe and friendly neighborhoods, low crime rates, and convenient access to amenities and attractions. However, some cons include the potential for traffic and congestion in the area, as well as the need for a car to get around. Additionally, some residents may find the area to be a bit suburban and lacking in nightlife or entertainment options.
Is Timberlane a good place to live? +
Overall, Timberlane can be a great place to live, depending on your individual preferences and priorities. It offers a safe and welcoming community, with plenty of amenities and attractions to enjoy. However, it may not be the best fit for everyone, particularly those who prefer a more urban or vibrant lifestyle. Ultimately, it's worth weighing the pros and cons and doing your own research to decide if Timberlane is the right place for you.
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