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Executive Office Condo
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16007 Executive Dr, Crest Hill, IL 60403

Flexible professional or medical workspace with an open plan, conference room, kitchen, and private restroom facilities.

Space Size3,158 SF
Days on Market131

Property Features for 16007 Executive Dr

General Information

Standard status Active
Size 3,158 SF
Net Rentable 3,158 SF
Property subtype Office
Lease Type Modified Gross

Space & Availability

Available Space 3,158 SF
Contiguous Space 3,158 SF
Space Use Office
Meeting Rooms 1

Additional Details

Highway Access Yes

Building Details

Year Built 2008
Tenancy Single
Abandoned No

Spaces For Lease

at 16007 Executive Dr Contact us

Available Space $22/SF/Mo

Size
3,158 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Olivieri Real Estate LLC
Listed By: Jackie Montvidas · License #IL 705768
Source: Crexi
Added: Apr 22 Changed: Aug 30 Last Checked: Aug 30 at 12:32PM

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 Olivieri Real Estate LLC

Investment Insights

Based on property information with market context.

This office condominium contains 3,158 square feet of professionally finished workspace suited to professional or medical use. The interior combines an open office area with a conference room that has a separate vestibule entrance, creating distinct space for meetings and presentations. A kitchen with granite countertops and custom cabinetry, three private bathrooms, a shower room, an IT/server closet, and rich wood trim complete the functional buildout.

The condo building was constructed in 2008 and is located off Weber Road, minutes from I-55. The open area can accommodate desks, cubicles, or additional office functions, while the existing layout provides a mix of collaborative, private, and support spaces within the unit.

Key Highlights

  • 3,158 square feet of office condominium space
  • Open‑concept workspace with conference room and separate vestibule entrance
  • Professional or medical use supported by the existing layout

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Building Supply Kitchen & Bath Showroom Parking Lot & Garage Storage Facility

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$39.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

366
Businesses Nearby

Demographics for 60403, IL

17,667
Population
7,884
Households
2.2
Avg Household Size
41
Median Age
24%
College-Educated
91%
High-School Grad
4.9 sq mi
ZIP Area
3,606
Density / Sq Mi
$71,413
Median Household Income
$41,597
Median Earnings
$1,386
Median Rent
$223,000
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 units - Flexible professional or medical workspace with an open plan, conference room, kitchen, and private restroom facilities.
Where is this office units located?
The property is located at 16007 Executive Dr Crest Hill, IL.
What is the lease rate?
The lease rate is $264 SF/Yr.
What are key features of this property?
This property features: 3,158 square feet of office condominium space; Open‑concept workspace with conference room and separate vestibule entrance; Professional or medical use supported by the existing layout
More about this property
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