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Three-Level Office Building
New
For Sale
$465,000

1621 W Colonial Parkway, Inverness, IL 60067

Commercial Sale, Inverness, IL

Property Size6,060 SF
Price / SF$76.73
Days on Market2

Property Features for 1621 W Colonial Parkway

General Information

Property type Commercial Sale
Property subtype Office
Zoning OFFIC
Directions North on Roselle to Colonial Parkway
Subdivision Inverness
Standard status Active
APN 02283010681004

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 21725

Utilities

Cooling system Central Air

Building Details

Year built 1983
Floors in Building 2
Building materials Wood, Cedar
Roof type Composition
Listing Agency: Property Economics, Inc.
Listed By: Aparajita Leekha
Added: Sep 12 Last Checked: Sep 13 at 4:06PM
MLS# 12757182

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 6,060-square-foot office building, constructed in 1983, is arranged across three levels. The main floor contains approximately 2,060 square feet with a reception area, three private offices or work rooms, a conference room, kitchen, and two restrooms. The second floor provides approximately 1,940 square feet with four offices or work rooms, a conference room, lunch room, and two restrooms. Approximately 2,060 square feet on the lower level includes two rooms, a kitchen area, and two restrooms. Central air conditioning and a composition roof are in place.

The property is located in Williamsburg Village in Inverness, directly across from Harper College and along Roselle Road. 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. Parking is available on site.

Key Highlights

  • 6,060 SF office building on three levels
  • Main level includes 3 private offices/work rooms and a conference room
  • Second floor features 4 offices/work rooms, conference room, and lunch room

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Multi-level office property with private rooms, conference areas, kitchens, restrooms, and flexible workspace.
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 on three levels; Main level includes 3 private offices/work rooms and a conference room; Second floor features 4 offices/work rooms, conference room, and lunch room
More about this property
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