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Retail Space Near Oakbrook Center
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1600 16th Street, Oak Brook, IL 60523

Retail space available in a high-traffic suburban market.

Space SizeContact for details
Days on Market272

Property Features for 1600 16th Street

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE | Chicago
Listed By: Sean McCourt
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 15 Last Checked: Aug 21 at 5:11AM

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.

This retail space is positioned across the street from Oakbrook Center. The location benefits from high visibility with 60,000 vehicles per day on Route 83. Full signalized access is available, along with Route 83 pylon signage. A façade renovation has been completed. The property offers 1,560 square feet of space in Oak Brook, Illinois.

Key Highlights

  • Fantastic positioning across the street from Oakbrook Center, one of the nation’s top producing retail assets.
  • Excellent visibility to huge 60,000 VPD on Route 83.
  • Space available in Chicagoland’s best suburban retail market.

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,111
Businesses Nearby
603k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 71% Leisure 11% Dining 7% Groceries 6%
Macy's Apparel
214,519 visits/mo 0.4 miles
Nordstrom Apparel
147,722 visits/mo 0.4 miles
AMC Oakbrook Center 12 Leisure
49,241 visits/mo 0.3 miles
Binny's Beverage Depot Groceries
34,491 visits/mo 0.1 miles
True Food Kitchen Dining
26,744 visits/mo 0.3 miles

Demographics for 60523, IL

10,347
Population
4,601
Households
2.2
Avg Household Size
57
Median Age
64%
College-Educated
97%
High-School Grad
9.0 sq mi
ZIP Area
1,150
Density / Sq Mi
$114,418
Median Household Income
$85,172
Median Earnings
$776
Median Rent
$733,300
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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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available in a high-traffic suburban market.
Where is this retail space located?
The property is located at 1600 16th Street Oak Brook, IL.
What are key features of this property?
This property features: Fantastic positioning across the street from Oakbrook Center, one of the nation’s top producing retail assets.; Excellent visibility to huge 60,000 VPD on Route 83.; Space available in Chicagoland’s best suburban retail market.
More about this property
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