Crest Hill, IL 60435 1640 Willow Circle Drive
$1,900,000



30 more






























Presented By: Coldwell Banker Commercial Real Estate Group
Home Details
Position your business in one of Crest Hill's most accessible and flexible office/medical environments. This 10,062 SF single-story, multi-tenant building offers a rare opportunity for both owner-users and investors seeking versatility, visibility, and long-term upside. Situated on a 1.47-acre corner lot, the property features strong frontage along Larkin Ave (IL-7) with convenient access to both I-55 and I-80, placing it in the heart of the Southwest suburban growth corridor. Originally constructed in 2004, the building is well-maintained and designed to accommodate a wide range of uses including medical, professional office, financial services, or retail conversion. The layout supports multi-tenant occupancy with suite sizes from approximately 500 SF up to 9,562 SF, allowing for phased occupancy or lease-up strategies. With 55 parking spaces and accessible building features, the property is well-equipped to serve high-traffic professional users. The property will be fully vacant by 6/30/26 due to retirement. Whether stabilizing as an income-producing asset or repositioning for a single user, 1640 Willow Circle Dr delivers flexibility, strong infrastructure, and a strategic location within a dense and growing commercial corridor. Previous tenants have included a cardiologist, Family Practice, Geriatrics, Internal Medicine, Pain Clinic, Nuclear Medicine, Physical Therapy, Podiatry and Chiropractor. This property is adjacent to a large 55+ community, capturing patients and patrons within walking distance.
Presented By: Coldwell Banker Commercial Real Estate Group
Interior Features for 1640 Willow Circle Drive
Other Interior Features
FlooringVaries
General for 1640 Willow Circle Drive
Additional Parcels Y/NNo
CityCrest Hill
CoolingCentral Air
CountyWill
Current UseCommercial, Medical/Dental
DirectionsFrom I-55 north toward Chicago, take exit US-52 (Jefferson St). Turn right (east) on Jefferson, left on Larkin Ave (north), turn right onto Theodore St, and left on Knapp St, then right onto Willow Circle
ElectricCircuit Breakers, Separate Meters
Gross Income
Leasable Area9562
Lease TypeNet
Lot Size Square Feet64033
MLS AreaCrest Hill
Net Operating Income
Number Of Units Total6
Operating Expense21580
PossessionClosing
Possible UseCommercial, Office, Retail
Property TypeCommercial Sale
Property TypeOffice/Tech
Standard StatusActive
StatusActive
Stories Count1
Tax Annual Amount26151
Tax Year2024
Tenant PaysCommon Area Maintenance, All Utilities
TownshipLockport
UtilitiesElectric to Site, Natural Gas Available, Sewer Connected, Water Available, Fiber
Year Built2004
ZoningCOMMR
Exterior for 1640 Willow Circle Drive
Building Area Total10062
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street, Public Road
Lot Dimensions1.47
Lot Size Acres1.47
Water SourceMunicipal Water
Additional Details
Price History

SQFT • 10,062