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Multi-Tenant Medical Office Building
For Sale
$3,472,651

501-517 Thornhill Drive, Carol Stream, IL 60188

Commercial Sale, Carol Stream, IL

Property SizeContact for details
Lot Size3.46 Acres
Days on Market140

Property Features for 501-517 Thornhill Drive

General Information

Property type Commercial Sale
Property subtype Office
Zoning OFFIC
Directions Schmale Rd to Thornhill Dr
Subdivision Carol Stream
Standard status Active
APN 0504312001
Lot size 3.46 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 32170

Utilities

Cooling system Central Air

Building Details

Year built 1982
Floors in Building 1
Number of units 15
Building materials Brick
Listing Agency: Keller Williams ONEChicago · Keller Williams Realty
Listed By: David Piotrowski · License #475155906
Added: Apr 10 Changed: Aug 19 Last Checked: Aug 27 at 9:06PM
MLS# 12612071

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 multi-tenant medical office property includes main-level and lower-level suites ranging from 1,174 square feet to 18,430 square feet. Interior layouts feature multiple private offices and exam rooms, supporting medical, therapy, professional office, and service-related operations. The brick building was constructed in 1982 and is equipped with central air. Suites may be combined for larger space requirements, and the property is zoned OFFIC.

Located near the intersection of Schmale Road and Thornhill Drive in Carol Stream, the property offers access to surrounding commercial corridors and nearby retailers, including Home Depot and Chase Bank. Parking is provided at approximately 3.5 spaces per 1,000 square feet. The property encompasses 3.46 acres, with ownership of 10 PINs across both buildings.

Key Highlights

  • Medical and office suites from 1,174 square feet to 18,430 square feet
  • Main‑level and lower‑level spaces with private offices and exam rooms
  • Approximately 3.5 parking spaces per 1,000 square feet

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Law Firm Hotel & Motel Auto Parts Store Restaurant Storage Facility Accounting Firm

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,168
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60188, IL

43,053
Population
15,710
Households
2.7
Avg Household Size
39
Median Age
44%
College-Educated
90%
High-School Grad
10.1 sq mi
ZIP Area
4,263
Density / Sq Mi
$107,560
Median Household Income
$47,343
Median Earnings
$1,465
Median Rent
$311,600
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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Similar Off Market Nearby

  • Knoll Animal Hospital 565 E St Charles Rd, Carol Stream, IL 60188

Frequently Asked Questions

What type of property is this?
Medical Office Space - Flexible office and medical suites offer private offices, exam rooms, and central air in a brick building.
Where is this medical office space located?
The property is located at 501-517 Thornhill Drive Carol Stream, IL.
What is the asking price?
The asking price for this property is $3,472,651.
What are key features of this property?
This property features: Medical and office suites from 1,174 square feet to 18,430 square feet; Main‑level and lower‑level spaces with private offices and exam rooms; Approximately 3.5 parking spaces per 1,000 square feet
More about this property
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