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Crest Hill, IL 60435

$1,900,000
New / MLS# 12615863 / Commercial - Retail / Crest Hill
0 Beds
10062 SqFt

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. A near-term value-add opportunity exists, as the property will be largely vacant by mid-2026, presenting an ideal scenario for an owner-user to occupy the majority of the building while generating supplemental income from an existing tenant in place through 2028. 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.

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Baird & Warner Vicki Tyne Agent Cell: 815.341.7696 Email

Property Details

Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 1.47 Acres
Stories: 1.0
Taxes: $26,151
Year Built: 2004

Feature Descriptions

Current Use: Commercial, Medical/Dental
Electric: Circuit Breakers, Separate Meters
Fire Protection: Alarm Monitored, Fire Extinguisher/s, Smoke or Fire Protectors
Flooring: Varies
Foundation: Concrete Perimeter
Frontage Type: City Street, Public Road
HVAC: Central Heat/Indiv Controls
Location: Corner, Mixed Use Area, In City Limits
Lot Dimensions: 1.47
Miscellaneous Indoor: Accessible Entrance, Accessible Washroom/s, Inside Corridor/s, Multi-Tenant
Number of Tenant(s): 1
Parcel#: 1104323030600000
Parking: 51-100 Spaces
Potential Use: Commercial, Office, Retail
Tenant Pays: Common Area Maintenance, All Utilities
Units: 6
Utilities: Electric to Site, Natural Gas Available, Sewer Connected, Water Available, Fiber

Location

See details and scored characteristics about this location.

Listing Office: Coldwell Banker Commercial Real Estate Group

Listing Office Phone: 630-844-2222



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