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Retail Storefront with Signalized Access
For Lease
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1600 W 16th St, Oak Brook, IL 60181

Retail space with signalized access and renovated façade, positioned for strong exposure to Route 83 traffic.

Property Size1,560 SF
Days on Market608

Property Features for 1600 W 16th St

General Information

Standard status Active
Size 1,560 SF
Property subtype RETAIL

Site & Location

Traffic Count 60,000 vehicles/day
Highway Access Yes
Road Access Yes
Listing Agency: CBRE | Chicago
Listed By: Sean McCourt
Source: Moodyscre
Added: Nov 29, 2024 Changed: Jul 26 Last Checked: Jul 29 at 1:35PM

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 CBRE | Chicago

Investment Insights

Based on property information with market context.

Retail storefront space is available in a suburban retail setting with a façade renovation completed. The space benefits from strong roadside presence, including available Route 83 pylon signage.

The property is located at 1600 W 16th St, Oak Brook, Illinois, with positioning across the street from Oakbrook Center. Visibility is supported by access to a high-traffic corridor, with stated exposure to approximately 60,000 vehicles per day on Route 83, and full signalized access for convenient ingress and egress.

This space is offered for lease and is well suited for retailers seeking convenient access and prominent exposure within a recognized retail market.

Key Highlights

  • Retail space across the street from Oakbrook Center
  • Excellent visibility to up to 60,000 VPD on Route 83
  • Full signalized access

Property Analytics

Current Use

Ayara Threading {The Art ... Hair Salon Nathan Sels, DPT Physician Alexander Soto, United ... Real Estate Agency Blackberry Market Restaurant Michelle Lewan Physician

Suggested Use

Top Pick Building Supply Garden Center Auto Repair Shop Storage Facility Auto Parts Store (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

60,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,278
Businesses Nearby
189k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Leisure 36% Dining 23% Apparel 19% Groceries 18%
AMC Oakbrook Center 12 Leisure
49,241 visits/mo 0.5 miles
Binny's Beverage Depot Groceries
34,491 visits/mo 0.2 miles
True Food Kitchen Dining
26,744 visits/mo 0.4 miles
Hollister Co. Apparel
24,163 visits/mo 0.5 miles
Activate Leisure
19,296 visits/mo 0.1 miles

Demographics for 60181, IL

29,821
Population
12,485
Households
2.4
Avg Household Size
38
Median Age
38%
College-Educated
92%
High-School Grad
6.5 sq mi
ZIP Area
4,588
Density / Sq Mi
$90,375
Median Household Income
$47,191
Median Earnings
$1,619
Median Rent
$294,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • Frida’s Flowers & Gifts — 1S055 Summit Ave, Oakbrook Terrace, IL 60181

Frequently Asked Questions

What type of property is this?
Storefront property - Retail space with signalized access and renovated façade, positioned for strong exposure to Route 83 traffic.
Where is this storefront property located?
The property is located at 1600 W 16th St Oak Brook, IL.
What are key features of this property?
This property features: Retail space across the street from Oakbrook Center; Excellent visibility to up to 60,000 VPD on Route 83; Full signalized access
(312) 297-7688 Call to check price and availability
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