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Three-Level Office Building

1621 W Colonial Parkway, Inverness, IL 60067

For Sale
$465,000

B2 Business zoning and a three-floor layout accommodate a range of office configurations.

Property Size6,060 SF
Price / SF$76.73
Days on Market59

Property Features for 1621 W Colonial Parkway

General Information

Standard status Active
Size 6,060 SF
Property subtype Commercial
Zoning OFFIC

Additional Details

Highway Access Yes
Property Use Office

Taxes and HOA fees

Annual Taxes $21,725

Building Details

Building Size 6,060 SF
Year Built 1983
Buildings 1
Stories 2
Listing Agency: Property Economics, Inc.
Listed By: Aparajita Leekha
Source: Amberrealty
Added: Sep 12 Changed: Nov 7 Last Checked: Nov 8 at 9:13AM

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 Property Economics, Inc.

Rey
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Investment Insights

Based on property information with market context.

This 6,060 SF office building, built in 1983, spans three levels. The main floor contains approximately 2,060 SF, with a reception area, three private offices or work rooms, a conference room, kitchen and two restrooms. The second floor has approximately 1,940 SF, including four offices or work rooms, a conference room, lunch room and two restrooms. The lower level adds approximately 2,060 SF, arranged with two rooms, a kitchen area and two restrooms.

The property is directly across from Harper College and offers Roselle Road visibility. It is less than 2 miles from the Roselle Road/I-90 interchange, less than 5 miles from Woodfield Mall, approximately 15 miles from O'Hare International Airport and 30 miles from downtown Chicago. B2 Business zoning and ample parking are also noted.

Key Highlights

  • 6,060 SF office building with three levels; built in 1983
  • Main level: approximately 2,060 SF, three offices/work rooms, conference room, kitchen and 2 restrooms
  • Second floor: approximately 1,940 SF, four offices/work rooms, conference room, lunch room and 2 restrooms

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

HNI Risk Services ... Insurance Agency Wiersema Steven Insurance Agency

Suggested Use

Top Pick Restaurant Real Estate Agency Auto Repair Shop Building Supply Big Box & Wholesale Store Hair Salon

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

Location Intelligence

Trade Area within ½ mile

499
Businesses Nearby

Demographics for 60067, IL

39,324
Population
16,039
Households
2.5
Avg Household Size
43
Median Age
59%
College-Educated
96%
High-School Grad
13.0 sq mi
ZIP Area
3,025
Density / Sq Mi
$121,572
Median Household Income
$64,520
Median Earnings
$1,521
Median Rent
$427,900
Median Home Value
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Market

Properties on Market for Office buildings in Cook County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office building - B2 Business zoning and a three-floor layout accommodate a range of office configurations.
Where is this office building located?
The property is located at 1621 W Colonial Parkway Inverness, IL.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: 6,060 SF office building with three levels; built in 1983; Main level: approximately 2,060 SF, three offices/work rooms, conference room, kitchen and 2 restrooms; Second floor: approximately 1,940 SF, four offices/work rooms, conference room, lunch room and 2 restrooms
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