Listing Agency: Versa Real Estate Services Show Phone

Listed By: Ryan Moen · License #IL 471011256

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 4:57PM

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Investment Insights

Based on property information with market context.

This for-sale flex warehouse includes office space within an approximately 24,000 SF facility, offered with a 2.56% cap rate per the listing remarks.

The property is located at 7700 Griffin Way & 600 Joliet Road in Willowbrook, Illinois (60527).

Key Highlights

• Flex warehouse with office space in a 24,000 SF setup
• Stated 2.56% cap rate

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Parking Lot & Garage Hair Salon Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,011

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 60527, IL

29,139

Population

13,101

Households

2.2

Avg Household Size

47

Median Age

58%

College-Educated

96%

High-School Grad

14.4 sq mi

ZIP Area

2,024

Density / Sq Mi

$110,482

Median Household Income

$62,257

Median Earnings

$1,553

Median Rent

$488,300

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this flex space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - For sale flex warehouse offering office space in a 24,000 SF setup.

Where is this flex space located?

The property is located at 7700 Griffin Way & 600 Joliet Road Willowbrook, IL.

What are key features of this property?

This property features: Flex warehouse with office space in a 24,000 SF setup; Stated 2.56% cap rate