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Single-Story Multi-Tenant Office Building
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1640 Willow Circle Dr, Crest Hill, IL 60403

Single-story, multi-tenant office/medical building on a corner lot with frontage along IL-7 and access to I-55 and I-80.

Property Size500 SF - 9,562 SF
Lot Size1.47 Acres
Days on Market59

Property Features for 1640 Willow Circle Dr

General Information

Standard status Active
Size 500 SF - 9,562 SF
Net Rentable 500 SF
Lot size 1.47 Acres
Property subtype OFFICE
Lease Type SF/mo

Space & Availability

Available Space 500-9,562 SF
Divisible Yes
Space Use Office

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 2004
Stories 1
Building Size 10,062 SF
Tenancy Multi
Listing Agency: Coldwell Banker Commercial Real Estate Group
Listed By: Leah Erickson · License #475204597
Source: Moodyscre
Added: Jun 2 Changed: Jul 30 Last Checked: Jul 30 at 2:06PM

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 Coldwell Banker Commercial Real Estate Group

Investment Insights

Based on property information with market context.

This single-story, multi-tenant office building offers a flexible layout for office and medical users, as well as other compatible professional uses. The property totals 10,062 SF and is designed to support multi-tenant occupancy, with suite sizes ranging from approximately 500 SF up to 9,562 SF.

Set on a 1.47-acre corner lot, the building has strong frontage along Larkin Ave (IL-7). The location provides convenient access to both I-55 and I-80, placing it within a major Southwest suburban growth corridor.

Originally constructed in 2004, the building is described as well-maintained and suited to a range of uses, including medical, professional office, financial services, or potential retail conversion, depending on tenant requirements and approvals.

Key Highlights

  • 10,062 SF single‑story, multi‑tenant office building
  • 1.47‑acre corner lot
  • Strong frontage along Larkin Ave (IL‑7)

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Carpet & Flooring Store Electrical Service Catering Service

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

607
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 building - Single-story, multi-tenant office/medical building on a corner lot with frontage along IL-7 and access to I-55 and I-80.
Where is this office building located?
The property is located at 1640 Willow Circle Dr Crest Hill, IL.
What is the lease rate?
The lease rate is $853.33 /Mo.
What are key features of this property?
This property features: 10,062 SF single‑story, multi‑tenant office building; 1.47‑acre corner lot; Strong frontage along Larkin Ave (IL‑7)
(815) 780-7952 Call to check price and availability
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