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Two-Story Office Building
For Lease
$16 SF/Yr

721 E Madison Street, Villa Park, IL 60181

Entire upper-level suite offers finished workspace, dedicated HVAC systems, parking, and convenient access from a signalized Route 83 turn-off.

Space Size8,000 SF
Property Size16,000 SF
Days on Market156

Property Features for 721 E Madison Street

General Information

Standard status Active
Size 8,000 SF
Class B
Property subtype Office - General Office

Building Details

Building Size 16,000 SF
Year Built 1985
Units 5

Spaces For Lease

at 721 E Madison Street Contact us

Second Floor $16/SF/Yr

Floor
2
Size
8,000 SF
Type
General Office
Lease Type
Modified Gross
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: SVN | Chicago Commercial
Listed By: Olivia Czyzynski · License #475146577
Source: Commercialcafe
Added: Mar 31 Changed: Aug 30 Last Checked: Aug 30 at 7:26AM

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 SVN | Chicago Commercial

Investment Insights

Based on property information with market context.

Built in 1985, this 16,000 SF office property contains two levels, with the full 8,000 SF second-floor suite available. The upper floor is finished to a high standard and is described as being in excellent condition. Two HVAC systems support the building, while a backup generator adds operational resilience. Common areas have also been renovated, and 82 parking spaces serve the property.

The building fronts IL Route 83 near the Walmart Supercenter and is accessed through a signalized turn-off. The north-south corridor carries more than 64,400 VPD and draws from Villa Park, Elmhurst, Lombard, and Oak Brook. The property is in Villa Park, approximately 20 miles west of Downtown Chicago.

Key Highlights

  • 8,000 SF second‑floor suite available in its entirety
  • 16,000 SF, two‑story office building constructed in 1985
  • 82 parking spaces serve the property

Property Analytics

Current Use

Global Freight Transportation ... Freight Service IBS Securities LLC Financial Advisor Brennan & Clark Ltd Accounting Firm

Suggested Use

Top Pick Restaurant Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts 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

NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

280
Businesses Nearby

Demographics for 60181, IL

29,821
Population
12,485
Households
2.4
Avg Household Size
38
Median Age
38%
College-Educated
92%
High-School Grad
6.5 sq mi
ZIP Area
4,588
Density / Sq Mi
$90,375
Median Household Income
$47,191
Median Earnings
$1,619
Median Rent
$294,700
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 units - Entire upper-level suite offers finished workspace, dedicated HVAC systems, parking, and convenient access from a signalized Route 83 turn-off.
Where is this office units located?
The property is located at 721 E Madison Street Villa Park, IL.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: 8,000 SF second‑floor suite available in its entirety; 16,000 SF, two‑story office building constructed in 1985; 82 parking spaces serve the property
More about this property
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