1640 Willow Circle Drive
Crest Hill, IL, 60435 $ 1,900,000
Bedrooms-- Baths-- Sq 10,062 for $1,900,000. This 10,062 square foot property was built in 2004 on a lot size of 1.47.
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. 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.
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Rental ActiveCommercial,Medical/Dental
FeaturesGeneralCooling Central Air
Utilities Electric to Site Natural Gas Available Sewer Connected Water Available Fiber
Possession Closing
Zoning COMMR
Year Built 2004
Electric Circuit Breakers Separate Meters
Tenant Pays Common Area Maintenance All Utilities
Stories Count 1
Township Lockport
Tax Year 2024
Current Use Commercial Medical/Dental
Gross Income 0
County Will
Net Operating Income 0
Operating Expense 21580
Property Type Commercial Sale Office/Tech
Possible Use Commercial Office Retail
Status Active
Directions From 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
City Crest Hill
Number Of Units Total 6
MLS Area Crest Hill
Lot Size Square Feet 64033
Tax Annual Amount 26151
Additional Parcels Y/N N
Leasable Area 9562
Lease Type Net
Standard Status Active
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ExteriorWater Source Municipal Water
Foundation Details Concrete Perimeter
Building Area Total 10062
Lot Dimensions 1.47
Lot Size Acres 1.47
Frontage Type City Street Public Road
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* Excluded FeaturesList ByColdwell Banker Commercial Real Estate GroupBroker
lerickson@cbcregroup.com; lerickson@cbcregroup.comEmail
NearbyAbout Crest Hill, IL 20,687 Population
49% Since 2002
$ 51,515 Median Income
37.55 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/18/2026 | $1,900,000 | | Listed Price |