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Flex Space with Warehouse
For Sale
$230,000
Pending

207 S OLIVE Street, New Berlin, IL 62670

Commercial Sale, New Berlin, IL

Property SizeContact for details
Lot Size0.19 Acres
Days on Market26

Property Features for 207 S OLIVE Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning R
Directions Take W. Wabash heading West to New Berlin, Turn left on S. Olive, Bldg on right.
Standard status Pending
APN 20300238012
Lot size 0.19 Acres

Taxes and HOA fees

Tax Description LOTS 79 & 80 & PT VAC ALLEY TOWN OF NEW BERLIN 30-15-7 (91.68' X 91.67') (8,404 SQ FT)
Tax Annual Amount 2404
Legal Description LOTS 79 & 80 & PT VAC ALLEY TOWN OF NEW BERLIN 30-15-7 (91.68' X 91.67') (8,404 SQ FT)

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air

Amenities

finished office area
full bath
kitchenette/break room
half bath
overhead doors
concrete parking
vinyl fencing

Building Details

Floors in Building 2
Flooring type Concrete, Tile, Carpet
Building materials Steel Frame
Roof type Metal
Listing Agency: RE/MAX Professionals · RE/MAX International
Listed By: Melissa Vorreyer · License #475100751
Added: Aug 10 Changed: Sep 2 Last Checked: Sep 4 at 9:06AM
MLS# CA1045708

Copyright © 2026 RMLS Alliance. 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 flex property combines finished office space with a functional warehouse and shop area. The upper-level office includes a full bathroom, while the property also provides a kitchenette and break room with an additional half bathroom. Carpet, tile, and concrete flooring support a mix of office and service-oriented areas.

The warehouse is equipped with 2 overhead doors sized for access by larger trucks, equipment, and RVs. Expansive concrete parking provides on-site vehicle circulation and parking, while the fenced site includes newer vinyl fencing. Steel-frame construction, metal roofing and siding, forced-air natural gas heating, central air, and public sewer serve the facility. The property is zoned R and located at 207 S OLIVE Street in New Berlin, Illinois.

Key Highlights

  • Finished upper‑level office with full bathroom
  • Kitchenette and break room with an additional half bathroom
  • Warehouse/shop area with 2 overhead doors

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Auto Repair Shop Furniture & Home Goods (Bike/Boat/Book/etc) Store Bakery Restaurant Discount Store

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
Fenced yard

Location Intelligence

Trade Area within ½ mile

72
Businesses Nearby
Balanced
Demand for This Use

Demographics for 62670, IL

3,162
Population
1,128
Households
2.8
Avg Household Size
41
Median Age
35%
College-Educated
97%
High-School Grad
91.8 sq mi
ZIP Area
34
Density / Sq Mi
$76,957
Median Household Income
$50,083
Median Earnings
$826
Median Rent
$188,400
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Combined office and shop facility with finished interiors, service amenities, and truck-accessible overhead doors.
Where is this flex space located?
The property is located at 207 S OLIVE Street New Berlin, IL.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Finished upper‑level office with full bathroom; Kitchenette and break room with an additional half bathroom; Warehouse/shop area with 2 overhead doors
More about this property
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