Veterans Affairs-Anchored Office
For Sale
Contact for pricing
Pending
1515 S Harlem Ave, Forest Park, IL 60130
Multi-tenant office property with government occupancy, solar generation, and complimentary EV charging for tenants and visitors.
Property Size13,709 SF
Lot Size0.53 Acres
Days on Market142
Property Features for 1515 S Harlem Ave
General Information
Standard status
Pending
Size
13,709 SF
Net Rentable
13,709 SF
Lot size
0.53 Acres
Property subtype
Office
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Amenities
EV charging stations
Building Details
Year Built
1958
Year Renovated
2018
Buildings
1
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Chicago Downtown
(312) 787-0666
Listed By:
Frank Roti · License #IL 475.139806
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 29 at 11:48PM
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 Marcus & Millichap - Chicago Downtown
Investment Insights
Based on property information with market context.
This 13,709-rentable-square-foot office building contains three tenant suites and was constructed in 1958. The property is fully occupied under gross leases, with tenants including American Security Services, the United States Government, and the State of Illinois. The federal and state occupants operate Department of Veterans Affairs offices. Improvements include a replacement roof installed in 2018, 244 solar panels, and 10 EV charging stations available at no cost to tenants and visitors. The weighted average lease term remaining is 5.68 years.
The building fronts Harlem Ave, which carries 34,000 VPD. I-290 is approximately 1 mile north and reports 172,773 VPD, while I-55 is 3 miles south with 154,200 VPD. The property is approximately 9.5 miles west of downtown Chicago, and the L-Train is positioned 1 mile north.
The building fronts Harlem Ave, which carries 34,000 VPD. I-290 is approximately 1 mile north and reports 172,773 VPD, while I-55 is 3 miles south with 154,200 VPD. The property is approximately 9.5 miles west of downtown Chicago, and the L-Train is positioned 1 mile north.
Key Highlights
- 13,709 rentable square feet on a 0.53‑acre lot
- 100% occupied by 3 tenants under gross leases
- United States Government and State of Illinois occupy Department of Veterans Affairs offices
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
867
Businesses Nearby
Explore this area
Business Placement
Demographics for 60130, IL
14,346
Population
7,777
Households
1.8
Avg Household Size
42
Median Age
50%
College-Educated
95%
High-School Grad
2.8 sq mi
ZIP Area
5,124
Density / Sq Mi
$81,323
Median Household Income
$61,518
Median Earnings
$1,352
Median Rent
$293,800
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Multi-tenant office property with government occupancy, solar generation, and complimentary EV charging for tenants and visitors.
Where is this office building located?
The property is located at 1515 S Harlem Ave Forest Park, IL.
What are key features of this property?
This property features: 13,709 rentable square feet on a 0.53‑acre lot; 100% occupied by 3 tenants under gross leases; United States Government and State of Illinois occupy Department of Veterans Affairs offices
