Bolingbrook Commercial Investment
402 W Boughton Road Bolingbrook, IL 60440
For Sale
$1,999,900
COMMERCIAL - Bolingbrook, IL
Property Size14,560 SF
Lot Size3.58 Acres
Price / SF$137.36
Days on Market226
Property Features for 402 W Boughton Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- OFFIC
- Standard status
- Active
- APN
- 1202101000460000
- Size
- 14,560 SF
- Lot size
- 3.58 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 33937
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1974
- Floors in Building
- 1
- Number of units
- 12
- Building materials
- Brick, Concrete, Steel Siding, Cedar
- Roof type
- Composition
Listing Agency:
RE/MAX Professionals
(630) 759-2850
Listed By:
Edward Lukasik · License #471020258
(630) 759-2850
Added: Dec 13, 2025
Changed: May 15
Last Checked: Jul 27 at 3:06AM
MLS# 12532457
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial property in Bolingbrook presents an investment opportunity. Situated on Boughton Rd, the location benefits from a traffic count exceeding 30,000 cars per day. The property includes two brick and cedar buildings, totaling 14,560 square feet with 12,400 rentable square feet, and 12 units, along with an additional 0.88-acre lot, set on a 1.8-acre lot with an expansive parking lot. The ranch-style buildings feature units with separate entrances, individual utilities, gas forced heating, central air, and private restrooms. New roofs have recently been installed. Building 2, located at 404 W Boughton Rd, includes an unfinished basement area suitable for storage. The parking lot was resurfaced in 2018. The property is suitable for an owner-user, office complex, business headquarters, or business center, with expansion possibilities. The roofs are approximately 13 years old.
Key Highlights
- High‑traffic location on Boughton Rd (over 30,000 cars per day) ideal for business visibility.
- Two well‑maintained brick and cedar buildings with 12,400 sq ft rentable space and 12 units.
- Includes an additional .88‑acre lot, offering expansion possibilities.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $328.5k | $22.56 |
| − Vacancy | −$95.3k | −$6.54 |
| EGI | $233.2k | $16.02 |
| − OpEx | −$58.3k | −$4.00 |
| NOI | $174.9k | $12.01 |
14,560 SF · lease $22.56/SF/yr · vacancy 29.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.50M
$2.19M – $2.92M
NOI $174,912 @ 7.0% cap · market cap 8.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.30M
$2.89M – $3.85M
NOI $231,155 @ 7.0% cap · market cap 11.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
FAQs
What type of property is this?
Office building - Well-maintained commercial property on Boughton Rd with high traffic.
Where is this office building located?
The property is located at 402 W Boughton Road Bolingbrook, IL.
What is the asking price?
The asking price for this property is $1,999,900.
What are key features of this property?
This property features: High‑traffic location on Boughton Rd (over 30,000 cars per day) ideal for business visibility.; Two well‑maintained brick and cedar buildings with 12,400 sq ft rentable space and 12 units.; Includes an additional .88‑acre lot, offering expansion possibilities.
