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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
12820036
12820038

1640 Willow Cir Dr, Crest Hill, IL 60403 For Lease

LE
IL 475.204597
Coldwell Banker Commercial Real Estate Group
Listed by Coldwell Banker Commercial Real Estate Group
$28/SF/YR
91 days on market
Updated 87 days ago

1640 Willow Circle Dr

Building Details
Property Type Office
Sub Type Medical Office
Tenancy Multiple
Lease Type NNN
Class B
Total Building SqFt 10,062
Min Divisible SqFt 100
Max Contiguous SqFt 9,562
Vacant SqFt 9,564
Total Parking Spaces 57
Year Built 2004

Spaces

3463662
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3463649
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3463643

Office | 3 spaces available | 100 SqFt - 9,562 SqFt

Building description

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. Medical practice retiring, building will be vacant besides 640sf tenant on 7/1/26. One tenant lease through 9/30/28 for 640sf at $853.33/month. 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.

Building highlights

Air Conditioning, Accessible Entrance, Accessible Washrooms, Hookups in Unit, Inside Corridor/s, Multi-Tenant, Floor Finish: Varies, Extra Storage Space Available: Yes, Utilities To Site: Electric to Site, Gas to Site, Sanitary Sewer to Site, Water-Municipal, Water to Site, Fiber

Listing Contacts

LE
IL 475.204597
Coldwell Banker Commercial Real Estate Group
Listed by Coldwell Banker Commercial Real Estate Group

Property History

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Additional Information

Name
Leah Erickson
License
475.204597
Brokerage
Coldwell Banker Commercial Real Estate Group
Title
Commercial Broker
Brokerage Address
38 Countryside Parkway
*All information is deemed reliable but not guaranteed. Lessee to verify all information.
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