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Multi-Tenant Medical Office Building
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246 E Janata Blvd., Lombard, IL 60148

Three-story multi-tenant office building with elevators, conference/lunch common areas, and ample parking.

Property Size57,760 SF
Days on Market54

Property Features for 246 E Janata Blvd.

General Information

Standard status Active
Size 57,760 SF
Property subtype Office
Zoning OPD
Occupancy 48%

Building Details

Stories 3
Tenancy Multi
Listing Agency: Millennium Properties R/E
Listed By: Brad Thompson · License #IL 471013662
Source: Crexi
Added: Jun 17 Changed: Aug 8 Last Checked: Jul 23 at 2:42PM

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 Millennium Properties R/E

Investment Insights

Based on property information with market context.

This three-story, multi-tenant office building totals 57,760 square feet and is currently 48% leased, with additional vacant units described as move-in ready. The property is leased to a number of medical tenants and includes two elevators for vertical access. Common area amenities include a conference room and a lunch room, supporting day-to-day operations for professional and healthcare office users.

The building is located on Highland Ave. across from Yorktown Center. The property includes a large parking lot and an additional lot across Highland Lake Dr., providing substantial on-site and nearby parking options for staff and visitors.

For tenants or buyers seeking a medical-oriented office environment, the existing elevator service and shared conference and lunch spaces can support use as exam-, consult-, or office-based practices. The mix of occupied and move-in ready vacancies may also appeal to operators looking to position multiple suites within a single building while leveraging an established medical tenant base.

Key Highlights

  • 57,760 SF, three‑story multi‑tenant office building on Highland Ave across from Yorktown Center
  • Currently 48% leased, with many vacant units reported as move‑in ready
  • Leased to multiple medical tenants

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Storage Facility Nail Salon Grocery & Convenience Store Pharmacy

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

48%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,407
Businesses Nearby

Demographics for 60148, IL

52,794
Population
21,744
Households
2.4
Avg Household Size
40
Median Age
48%
College-Educated
96%
High-School Grad
13.8 sq mi
ZIP Area
3,826
Density / Sq Mi
$96,606
Median Household Income
$53,675
Median Earnings
$1,805
Median Rent
$328,600
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 - Three-story multi-tenant office building with elevators, conference/lunch common areas, and ample parking.
Where is this office building located?
The property is located at 246 E Janata Blvd. Lombard, IL.
What are key features of this property?
This property features: 57,760 SF, three‑story multi‑tenant office building on Highland Ave across from Yorktown Center; Currently 48% leased, with many vacant units reported as move‑in ready; Leased to multiple medical tenants
(312) 338-3000 Call to check price and availability
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