Listing provided courtesy of Coldwell Banker Commercial Real Estate GroupMREDas Distributed by MLSGrid- MLS# 12615863MLS Provider

1640 Willow Circle DriveCrest Hill, IL 60435

Commercial · 10,062 Sq. ft. | 1.47 Acres
$1,900,000 Active

1640 Willow Circle Drive Overview

Time on Site:
73 days
Visits:
0

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.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

1640 Willow Circle Drive Facts & Features

  • Type Commercial
  • Sq. ft. 10,062
  • Price/Sq.ft. $189
  • Lot 1.47 Acres

Details

General

Income/Expenses

  • Existing Lease Type: Net
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Net Operating Income: 0
  • Operating Expense: 21580

Building Information

  • Year Built: 2004

Business Information

  • Current Use: Commercial,Medical/Dental

Location/Region

  • County Or Parish: Will
  • MLS Area Major: Crest Hill
  • Township: Lockport

Rent/Lease Information

  • Tenant Pays: Common Area Maintenance, All Utilities

Tax Information

  • Tax Annual Amount: $26,151.00
  • Tax Year: 2024

General Information

  • Parcel Number: 1104323030600000
  • Possible Use: Commercial,Office,Retail
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 10062

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers, Separate Meters
  • Flooring: Varies
  • Foundation Details: Concrete Perimeter
  • Leasable Area: 9562
  • Stories: 1

Unit Information

  • Unit SqFt.: 10062

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street,Public Road
  • Lot Size Acres: 1.47
  • Lot Size Dimensions: 1.47
  • Lot Size Square Feet: 64033
  • Water Source: Municipal Water

General Information

  • Number Of Units Total: 6
  • Utilities: Electric to Site,Natural Gas Available,Sewer Connected,Water Available,Fiber

1640 Willow Circle Drive Neighborhood

Community

60435 (JOLIET) Demographics

37
Median Age
4,601
Population Density (per sq. mile)
30%
College Educated
$61,546
Estimated Median Income
11,832
Estimated Total Home Owners
7,130
Estimated Total Renters
62% / 38%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1640 Willow Circle Drive Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1640 Willow Circle Drive Market Data

Based on the last 30 days in this zip code

$306,208
Average List Price
$190
Average Price per Square Foot
42
Properties Sold
43
Average Days on Market
127
Properties for Sale
Calculations provided by Reliance Network

1640 Willow Circle Drive History

Date Event Value Agent
4/23/2026Source: MRED Status Change
Active
4/18/2026Source: MRED Added to Database
April 18, 2026