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Two-Building Flex and Loft Property
For Sale
$895,000

541B Hillview Drive, Chester, IL 62233

Two-building property includes wide-entry doors and a huge loft, plus an executive suite apartment above business space.

Property Size20,400 SF
Lot Size5.63 Acres
Price / SF$43.87
Days on Market425

Property Features for 541B Hillview Drive

General Information

Standard status Active
Size 20,400 SF
Lot size 5.63 Acres
Property subtype Commercial

Additional Details

Multifamily Units 1

Building Details

Building Size 12,400 SF
Year Built 1993
Listing Agency: Worth Clark Realty
Listed By: Robin Bert · License #471.021195
Source: Exit2newbeginningz
Added: Jun 3, 2025 Changed: Jul 27 Last Checked: Jul 31 at 1:13PM

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 Worth Clark Realty

Investment Insights

Based on property information with market context.

This two-building flex and loft property includes a two-story structure built in 1993 with 10,000 square feet of business space and a 2,400 square foot executive suite apartment on the upper level. The apartment is described as a four-bedroom luxury suite. A second building of 8,000 square feet was built in 2006 and features wide entry doors and a large loft.

The property sits on 5.63 acres per appraisal. The City of Chester commercially zones the property, while the County assessor lists it as farm.

Showings require 24-hour notice of appointment, and the listing agent may be present for showings. A full commercial appraisal by Ron Reeder is available upon request, and a video tour is also available.

Key Highlights

  • Two‑building commercial property with executive suite apartment above business space
  • Two‑story building built in 1993 with 12,400 SF total: 10,000 SF business space plus 2,400 SF executive suite apartment
  • Second building built in 2006 with 8,000 SF, wide entry doors, and a huge loft

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Garden Center Big Box & Wholesale Store Daycare Center Discount Store Nursing Home

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

1
Residential units

Location Intelligence

Trade Area within ½ mile

27
Businesses Nearby
Well-served
Demand for This Use

Demographics for 62233, IL

8,187
Population
2,946
Households
2.8
Avg Household Size
41
Median Age
9%
College-Educated
80%
High-School Grad
68.3 sq mi
ZIP Area
120
Density / Sq Mi
$78,333
Median Household Income
$46,982
Median Earnings
$645
Median Rent
$111,500
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
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Frequently Asked Questions

What type of property is this?
Flex space - Two-building property includes wide-entry doors and a huge loft, plus an executive suite apartment above business space.
Where is this flex space located?
The property is located at 541B Hillview Drive Chester, IL.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Two‑building commercial property with executive suite apartment above business space; Two‑story building built in 1993 with 12,400 SF total: 10,000 SF business space plus 2,400 SF executive suite apartment; Second building built in 2006 with 8,000 SF, wide entry doors, and a huge loft
More about this property
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