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    103 Elsie Ave Crest Hill, IL 60403

    For Lease
    $7 SF/Yr ($8,309 /Mo)

    Commercial Lease - Crest Hill, IL

    Lot size:
    0.30 Acres
    Days on Market:
    34
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 103 Elsie Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.30 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1962
    Number of units
    1
    Flooring type
    Concrete
    Architectural style
    Other

    Realty Executives Success (815) 954-5993 [email protected]

    Listing agent Dina DeJarld (815) 773-1150 License #475165030

    Listing date Nov 2, 2025

    MLS# 12509416 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Crest Hill Commercial Space

    This Crest Hill commercial space offers 5900 square feet of heated and cooled area. The property features a large office space with a small waiting room, a lunch/break room, and a kitchen. There are three separate bathrooms. The office area is equipped with both AC and heat. Recent upgrades include a new concrete dock ramp, new exterior paint, new blacktop, new AC, and new interior paint. The property is zoned B-3 and includes five parking spaces in the front, with additional street parking available. A loading dock is present with a 9.5' door. The maximum ceiling height reaches 17 feet. The property is connected to city sewer and water and has 3-phase power. A multiple-year lease is preferred, and a two-month security deposit is required. The property is intended for single tenant use. The lot size is 0.3 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Crest Hill
    County
    Will
    State
    Illinois
    Longitude
    -88.0893234
    Latitude
    41.5600821

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    FAQs

    What type of property is this?
    Flex space - Spacious, heated and cooled flex space in Crest Hill.
    Where is this flex space located?
    The property is located at 103 Elsie Ave Crest Hill, IL.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    What are key features of this property?
    This property features: - 5900 sq ft of heated and cooled space provides ample room for operations.; - Zoned B-3, offering versatile business usage possibilities.; - **New concrete dock ramp, exterior paint, blacktop, and AC enhance the property's value and appeal.**
    (815) 773-1150
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    103 Elsie Ave Crest Hill, IL 60403
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    103 Elsie Ave Crest Hill, IL 60403
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