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Second-Floor Office Units

1624 W Colonial Parkway, Inverness, IL 60067

For Lease
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Two separately sized spaces occupy the upper level of an office building.

Space Size480 SF - 535 SF
Days on Market162

Property Features for 1624 W Colonial Parkway

General Information

Standard status Active
Size 480 SF - 535 SF
Net Rentable 480 SF
Zoning OFFIC

Space & Availability

Available Space 480-535 SF
Contiguous Space 535 SF
Floor 2
Space Use Office
Condition Move-in Ready
Available From Immediate

Additional Details

Utilities Included in Rent all utilities

Building Details

Year Built 1983
Stories 3
Units 2
Listing Agency: New London Realty Inc
Listed By: Leslie Webber · License #471005943
Source: Crossdavidson
Added: Jun 1 Changed: Nov 8 Last Checked: Nov 8 at 8:51AM

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 New London Realty Inc

Rey
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Investment Insights

Based on property information with market context.

The second-floor office offering totals approximately 1,015 square feet and is divided into two spaces measuring 480 and 535 square feet. The property was built in 1983 and carries OFFIC zoning.

Utilities, taxes, and CAM are included. Tenants handle their own cleaning, phone, and internet service.

Key Highlights

  • Two office spaces: 480 square feet and 535 square feet
  • Approximately 1,015 square feet combined
  • Utilities, taxes, and CAM included

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

K R Miller ... Construction Company J&J Attic Insulation ... Building Supply

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

NNN (Triple Net)
Lease Type

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

Lease Benchmarks for Inverness, IL

$17.7 /SF/Yr
Avg Asking Price
$8–$42 /SF/Yr
Price Range
23,516 SF
Avg Space Size

Average Price Trend$/SF/Yr for Office Units in Cook County, IL

$25.44 Jul
$26.73 Aug
$25.94 Sep
$24.93 Oct

Properties on Market for Office Units 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 unit - Two separately sized spaces occupy the upper level of an office building.
Where is this office unit located?
The property is located at 1624 W Colonial Parkway Inverness, IL.
What are key features of this property?
This property features: Two office spaces: 480 square feet and 535 square feet; Approximately 1,015 square feet combined; Utilities, taxes, and CAM included
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Includes: Price & PSF · Cap rate · Location · Zoning

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