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Three-Level Office Building
New
For Sale
$489,000

1621 W Colonial Parkway, Inverness, IL 60067

COMMERCIAL - Inverness, IL

Property Size6,060 SF
Price / SF$80.69
Days on Market4

Property Features for 1621 W Colonial Parkway

General Information

Property type Commercial Sale
Property subtype Office
Zoning OFFIC
Directions North on Roselle to Colonial Parkway
Subdivision Inverness
Standard status Active
APN 02283010681004

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 21725

Utilities

Cooling system Central Air

Building Details

Year built 1983
Floors in Building 2
Building materials Wood, Cedar
Roof type Composition
Listing Agency: Property Economics, Inc.
Listed By: Aparajita Leekha
Added: Aug 14 Last Checked: Aug 17 at 3:06PM
MLS# 12730036

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 6,060-square-foot office property is arranged across three levels with a practical mix of private rooms and shared work areas. The main level contains approximately 2,060 square feet with reception, 3 private offices or work rooms, a conference room, kitchen, and 2 restrooms. The second floor provides approximately 1,940 square feet with 4 offices or work rooms, another conference room, lunch room, and 2 restrooms. Approximately 2,060 square feet on the lower level adds 2 rooms, a kitchen area, and 2 restrooms.

The building is positioned directly across from Harper College and offers Roselle Road visibility. It is less than 2 miles from the Roselle Road/I-90 interchange, less than 5 miles from Woodfield Mall, approximately 15 miles from O'Hare International Airport, and 30 miles from downtown Chicago. The property includes ample parking, central air, wood and cedar construction, a composition roof, and a 1983 construction date.

Key Highlights

  • 6,060‑square‑foot office building configured across three levels
  • Main level includes approximately 2,060 SF with reception, 3 private offices, conference room, kitchen, and 2 restrooms
  • Second floor provides approximately 1,940 SF with 4 offices, conference room, lunch room, and 2 restrooms

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Restaurant Real Estate Agency Auto Repair Shop Building Supply Big Box & Wholesale Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

499
Businesses Nearby

Demographics for 60067, IL

39,324
Population
16,039
Households
2.5
Avg Household Size
43
Median Age
59%
College-Educated
96%
High-School Grad
13.0 sq mi
ZIP Area
3,025
Density / Sq Mi
$121,572
Median Household Income
$64,520
Median Earnings
$1,521
Median Rent
$427,900
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Flexible professional space with private rooms, conference areas, kitchens, restrooms, and parking across from Harper College.
Where is this office building located?
The property is located at 1621 W Colonial Parkway Inverness, IL.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: 6,060‑square‑foot office building configured across three levels; Main level includes approximately 2,060 SF with reception, 3 private offices, conference room, kitchen, and 2 restrooms; Second floor provides approximately 1,940 SF with 4 offices, conference room, lunch room, and 2 restrooms
More about this property
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