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Single-Tenant Office Building
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10718 S Roberts Rd, Palos Hills, IL 60465

Build-to-suit office property occupied by the Social Security Administration with an active lease term extending into June 2028.

Property SizeContact for details
Days on Market143

Property Features for 10718 S Roberts Rd

General Information

Standard status Active
Property subtype Office
Listing Agency: Colliers
Listed By: Debra Vander Weit · License #IL 471022014
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 8:38PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers

Investment Insights

Based on property information with market context.

This single-tenant office property contains 9,331 rentable square feet on 1.14 acres and was developed in 2004 as a build-to-suit facility for the General Services Administration and Social Security Administration. The property includes 60 parking spaces and is occupied by the Social Security Administration.

The current lease renewal became effective July 27, 2023, with a firm term extending into June 2028. The lease also includes a real estate tax reimbursement structure covering tax rent and the difference between actual taxes and the established tax base. The tenant is a U.S. government agency with an S&P AA+ credit rating.

Key Highlights

  • 9,331 rentable square feet of office space
  • Single‑tenant facility occupied by the Social Security Administration
  • Built in 2004 as a GSA/SSA build‑to‑suit

Property Analytics

Current Use

District Office A58 Social Security Office social security administration Social Security Office

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Bakery Garden Center Grocery & Convenience Store Locksmith

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

Location Intelligence

Trade Area within ½ mile

708
Businesses Nearby

Demographics for 60465, IL

18,530
Population
7,885
Households
2.4
Avg Household Size
42
Median Age
25%
College-Educated
87%
High-School Grad
4.3 sq mi
ZIP Area
4,309
Density / Sq Mi
$83,969
Median Household Income
$50,990
Median Earnings
$1,267
Median Rent
$259,200
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
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Frequently Asked Questions

What type of property is this?
Office building - Build-to-suit office property occupied by the Social Security Administration with an active lease term extending into June 2028.
Where is this office building located?
The property is located at 10718 S Roberts Rd Palos Hills, IL.
What are key features of this property?
This property features: 9,331 rentable square feet of office space; Single‑tenant facility occupied by the Social Security Administration; Built in 2004 as a GSA/SSA build‑to‑suit
(972) 759-7814 Call to check price and availability
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