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Masonry Office Building
For Sale
Contact for pricing
Pending

700 District Dr, Itasca, IL 60143

Block construction supports a durable office property profile.

Property SizeContact for details
Days on Market142

Property Features for 700 District Dr

General Information

Standard status Pending
Property subtype Office, Industrial

Building Details

Construction masonry block
Tenancy Single
Listing Agency: Lee & Associates - Chicago
Listed By: Jeffrey Janda, SIOR · License #IL 471010688
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Apr 11 at 4:08PM

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 Lee & Associates - Chicago

Investment Insights

Based on property information with market context.

This office building features masonry block construction and is configured for executive office use. The property is associated with a lease to Ion Exhibits extending through October 31, 2023; the tenant has no renewal option and is relocating. The property is located at 700 District Dr in Itasca, Illinois.

Key Highlights

  • Masonry block construction
  • Leased to Ion Exhibits through October 31, 2023
  • Tenant has no renewal option

Property Analytics

Current Use

Ion Exhibits Advertising Agency

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Repair Shop Auto Parts Store Restaurant Dental Office

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

377
Businesses Nearby

Demographics for 60143, IL

11,214
Population
4,879
Households
2.3
Avg Household Size
42
Median Age
48%
College-Educated
95%
High-School Grad
7.0 sq mi
ZIP Area
1,602
Density / Sq Mi
$112,247
Median Household Income
$61,706
Median Earnings
$1,775
Median Rent
$386,600
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 - Block construction supports a durable office property profile.
Where is this office building located?
The property is located at 700 District Dr Itasca, IL.
What are key features of this property?
This property features: Masonry block construction; Leased to Ion Exhibits through October 31, 2023; Tenant has no renewal option
(847) 736-7338 Call to check price and availability
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