Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Furnished Office Space For Lease Title is generated by Realmo AI

    6910 W 16Th St Unit Suite A, Berwyn, IL 60402

    View on Map
    Claim this Listing
    For Lease
    $1,100/Mo $44 SF/Yr (calc)

    Office Space For Lease

    Property size:
    300 SF - 500 SF
    Lease type:
    Gross
    Added:
    Mar 25, 2026
    Days on Market:
    58
    Last Refresh:
    Apr 8 at 2:25 pm

    Property Features for 6910 W 16Th St Unit Suite A

    General Information

    Standard status
    Active
    Property type
    Office Spaces, Specialty properties
    Size
    300 SF - 500 SF
    Class
    B
    Elevators
    No
    Lease Type
    Gross Lease
    Lease Term
    1-2 Years
    Rate Type
    Monthly

    Building Details

    Year Built
    1955
    Year Renovated
    2023
    Buildings
    1
    Stories
    1

    We can help!

    Listing Contact
    Gladis Beirne

    Listing agent Gladis

    Listing office

    Listing date Mar 25, 2026

    Overview

    This is a furnished office space for lease, offering approximately 300 square feet of office space located in the front of the building. The property is move-in ready and renovated. All utilities are included, with the tenant responsible for internet service. The property is located in Berwyn, Illinois, with a total property size of 500 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Spaces

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Office Depot Tech Services — 7001 Cermak Rd, Berwyn, IL 60402
    • Metridea Inc — 1840 wenonah ave, berwyn, il 60402
    • Stand-up. Storage — 1338 Scoville Ave, Berwyn, IL 60402
    • Phone Repair & More — 6830 cermak rd, berwyn, il 60402
    • Champ's Computer Service — 1225 marengo ave, forest park, il 60130

    Location Insight

    • Map
    • Local Demand
    City
    Berwyn
    County
    Cook
    State
    Illinois
    Longitude
    -87.7884
    Latitude
    41.8314

    Nearby Similar for Lease

    • $3,000/Mo

      Updated Commercial Space in Berwyn

      Recently updated commercial space suitable for office or food service.
      6737 Roosevelt Road, Berwyn, IL 60402
      View Details
    • $3,000/Mo

      Updated Commercial Space in Berwyn

      Recently updated commercial building suitable for food, beverage, office.
      6737 Roosevelt Road, Berwyn, IL 60402
      View Details
    • Contact for pricing

      Prime Berwyn Storefront/Office Space

      4,000 SF commercial space on high-traffic Cermak Road.
      6308 Cermak Avenue, Berwyn, IL 60402
      View Details
    • Contact for pricing
      12,606 SF

      Berwyn Medical Office Space Available

      Medical suites with plumbing near Loyola Medicine McNeal Hospital.
      3340 South Oak Park Avenue, Berwyn, IL 60402
      View Details
    • $2,700/Mo
      1,350 SF

      Remodeled Berwyn Retail/Office Space

      Newly remodeled retail/office space in Berwyn's business district.
      6227-6229 Cermak Rd, Berwyn, IL
      View Details
    • $2,500/Mo

      Retail Space Available For Rent

      Retail space for rent at 2208 Lombard Avenue.
      2208 Lombard Avenue, Berwyn, IL 60402
      View Details
    • $28 SF/Yr

      Berwyn Medical/Office Space Available

      Medical/Office space available for rent in Berwyn, Illinois.
      3302 Grove Avenue, Berwyn, IL 60402
      View Details
    • Contact for pricing
      42,693 SF

      Berwyn Medical Office Space Available

      Medical suites with plumbing, near Loyola Medicine McNeal Hospital.
      3340 South Oak Park Avenue, Berwyn, IL 60402
      View Details
    • $37 SF/Yr
      1,100 SF

      Retail Space on Cermak Road

      Retail space available on a major thoroughfare near regional mall.
      7046 Cermak Rd, Berwyn, IL
      View Details
    • $37 SF/Yr
      2,418 SF

      Retail Space on Cermak Road

      Retail space on a major thoroughfare near regional mall.
      7104 Cermak Rd, Berwyn, IL
      View Details
    • Contact for pricing
      958 SF

      Berwyn Medical Office Space Available

      Medical suites with plumbing near Loyola Medicine McNeal Hospital.
      3340 34th St, Berwyn, IL
      View Details

    FAQs

    What type of property is this?
    Office space - Office Space For Lease
    Where is this office space located?
    The property is located at 6910 W 16Th St Unit Suite A Berwyn, IL.
    What is the lease rate?
    The lease rate is $1,100 /Mo.
    (708) 528-4111
    We can help!
    Listing Contact
    Gladis Beirne
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6910 W 16Th St, Unit Suite A, Berwyn, IL 60402
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!