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Flex Space with Warehouse Shop
New
For Sale
$230,000

207 S OLIVE Street, New Berlin, IL 62670

COMMERCIAL - New Berlin, IL

Property SizeContact for details
Lot Size0.19 Acres
Days on Market2

Property Features for 207 S OLIVE Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning C
Directions Take W. Wabash heading West to New Berlin, Turn left on S. Olive, Bldg on right.
Standard status Active
APN 20300238012
Lot size 0.19 Acres

Taxes and HOA fees

Tax Description LOTS 79 & 80 & PT VAC ALLEY TOWN OF NEW BERLIN 30-15-7 (91.68' X 91.67') (8,404 SQ FT)
Tax Annual Amount 2404
Legal Description LOTS 79 & 80 & PT VAC ALLEY TOWN OF NEW BERLIN 30-15-7 (91.68' X 91.67') (8,404 SQ FT)

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air

Amenities

kitchenette/break room
full bath
half bath

Building Details

Floors in Building 2
Flooring type Carpet, Concrete, Tile
Building materials Steel Frame
Roof type Metal
Listing Agency: RE/MAX Professionals · RE/MAX International
Listed By: Melissa Vorreyer · License #475100751
Added: Aug 10 Last Checked: Aug 11 at 11:06AM
MLS# CA1045708

Copyright © 2026 RMLS Alliance. 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 flex-space property combines finished office areas with warehouse and shop functionality. The upper-level office includes a full bathroom, while the employee area provides a kitchenette, break room, and half bathroom. Two overhead doors accommodate larger trucks, equipment, and recreational vehicles. Concrete flooring serves the shop area, with tile and carpet used elsewhere in the building.

The property sits at 207 S Olive Street in New Berlin, Illinois, on a 0.19-acre lot. Its exterior features low-maintenance metal siding, a metal roof, and vinyl fencing. Building systems include natural-gas forced-air heat, central air conditioning, public sewer service, and a steel-frame construction system. The site also includes a fenced concrete parking area for vehicle access and parking.

Key Highlights

  • Flex‑space building at 207 S Olive Street, New Berlin, IL 62670
  • Two overhead doors sized for larger trucks, equipment, and RVs
  • Finished upper‑level office with full bathroom

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Auto Repair Shop Furniture & Home Goods (Bike/Boat/Book/etc) Store Bakery Restaurant Discount Store

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

2
Drive-in doors
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

72
Businesses Nearby
Balanced
Demand for This Use

Demographics for 62670, IL

3,162
Population
1,128
Households
2.8
Avg Household Size
41
Median Age
35%
College-Educated
97%
High-School Grad
91.8 sq mi
ZIP Area
34
Density / Sq Mi
$76,957
Median Household Income
$50,083
Median Earnings
$826
Median Rent
$188,400
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Steel-frame facility combining finished office areas with functional shop space and secured outdoor parking.
Where is this flex space located?
The property is located at 207 S OLIVE Street New Berlin, IL.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Flex‑space building at 207 S Olive Street, New Berlin, IL 62670; Two overhead doors sized for larger trucks, equipment, and RVs; Finished upper‑level office with full bathroom
More about this property
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