Listing Agency: Cawley Chicago j***@cawleycre.com Show Phone

Listed By: Rawly Lantz, SIOR Show Phone

Source: Moodyscre

Added: Mar 24, 2025 Changed: Jul 6 Last Checked: Jul 21 at 6:40AM

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Investment Insights

Based on property information with market context.

This 5,041 square foot flex/industrial space is located in Burr Ridge, Illinois, with convenient access to I-55 via the Route 83 interchange. The property features higher ceilings and 8-foot high interior doors. It includes two drive-in doors and offers abundant parking. The space benefits from 24-hour access and individually controlled HVAC.

Key Highlights

• Ideal location off I‑55 with full interchange at Rte 83
• Abundant parking
• Benefit from 24‑hour access

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 Auto Repair Shop Grocery & Convenience Store Computer & Electronic Repair Bakery Catering Service (Bike/Boat/Book/etc) 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

NNN (Triple Net)

Lease Type

$2.54 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,796

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this flex space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - Move-in ready flex/industrial space with convenient highway access.

Where is this flex space located?

The property is located at 16 W215 83rd St D Burr Ridge, IL.

What is the lease rate?

The lease rate is $16.95 SF/Yr.

What are key features of this property?

This property features: Ideal location off I‑55 with full interchange at Rte 83; Abundant parking; Benefit from 24‑hour access