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Property profile & analytics

1600 16th St Oak Brook, IL 60523-1302

  • Retail space
  • 72,203 SF
  • 5.24 lot acres
OFF-MARKET
Value Estimations
$8,050,000
Cap Rate Potential
Location Intelligence
Property ID
US28-3027981
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Ayara Threading {The Art Of Threading,Lashes,Facial & Waxing Salon } / Hair Salon
  • Nathan Sels, DPT / Physician
  • Alexander Soto, United Real Estate / Real Estate Agency
  • Blackberry Market / Restaurant
  • Michelle Lewan / Physician

Property Details for 1600 16th St

Year built
1989
Lot size
5.24 lot acres
Property size
72,203 SF
Zone code
C
Property type
Retail space
APN
06-22-205-028
APU
622205028

Description

This exceptional retail space, located within the highly desirable Oaks of Oak Brook shopping center at 1600 16th St, Oak Brook, IL 60523, presents a fantastic opportunity for businesses seeking a prominent location in DuPage County. The property is a multi-tenant shopping center offering a single available space ranging from 1,200 to 2,001 contiguous square feet. This versatile space is ideal for a variety of retail uses and is ready for immediate occupancy. The location benefits from high visibility and excellent access, ensuring strong foot traffic and convenient customer accessibility. Situated in the thriving Oak Brook market, this property offers unparalleled exposure to a dense population of affluent consumers. The space's size is perfect for businesses needing a manageable footprint while still allowing for ample room to showcase products or services. With its prime location and flexible space, this retail opportunity is not to be missed. The property is classified as a shopping center and is located in DuPage County, Illinois. Contact us today to schedule a viewing and explore the possibilities of establishing your business in this exceptional location. The available space is currently vacant and ready for immediate lease.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Oak Brook
County
Dupage
State
Illinois
Longitude
-87.959
Latitude
41.8546
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$153,642
$1,574,560
$1,915,250
$3,489,810
-
$4,723,680
$5,745,750
$10,469,430
More about this property
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