Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    7928 Madison St Burr Ridge, IL 60527

    Sponsored
    For Lease
    Contact for pricing

    COMMERCIAL - Burr Ridge, IL

    Property size:
    2,750 SF
    Days on Market:
    2
    Last Refresh:
    Mar 2 at 5:06 am

    Property Features for 7928 Madison St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Size
    2,750 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    2000
    Floors in Building
    1
    Flooring type
    Vinyl
    Building materials
    Brick

    We can help!

    Listing Contact
    Agne Jonaityte

    Magnus Real Estate Management and Brokerage Services Corp. (708) 740-0077

    Listing agent Agne Jonaityte (708) 860-2007

    Listing date Mar 1, 2026

    MLS# 12580421

    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.

    Learn more

    Property Insight Report

    Overview

    Burr Ridge Flex Space Sublease

    A 2,750 square foot light industrial/flex unit is available for sublease until March 31, 2027, within an established business park in Burr Ridge, Illinois. The property offers convenient access to I-55 and County Line Road. The space includes approximately 540 square feet of finished office area, measuring 30' x 18', which features a private office, restroom, kitchenette, and showroom area. The remaining area is dedicated to warehouse space with diagonal loading dock access. This unit is suitable for various purposes, including light manufacturing, distribution, e-commerce, showroom, or storage. The sublease is subject to landlord approval and is available immediately.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Gourmet Express - Zabiha Halal Fine Dining Catering

    Location Insight

    • Map
    • Local Demand
    City
    Burr Ridge
    County
    DuPage
    State
    Illinois
    Longitude
    -87.9282
    Latitude
    41.755

    Nearby Similar for Lease

    • $12 SF/Yr
      86,622 SF

      Burr Ridge Industrial Space

      Industrial property available for lease in Burr Ridge, Illinois.
      231-251 S Frontage Rd, Burr Ridge, IL 60521
      View Details
    • Contact for pricing
      1,360 SF

      Burr Ridge Office Space Available

      Move-in ready office space with easy highway access.
      11S250 S Jackson St, Burr Ridge, IL
      View Details
    • Contact for pricing
      1,028 SF

      Move-in Ready Office Suites Available

      Office suites for rent with flexible floor plans and parking.
      345 83 St, Burr Ridge, IL
      View Details
    • Contact for pricing
      3,300 SF

      Retail Space in Burr Ridge

      Retail space for lease with ample parking and accessibility.
      705 Vlg Ctr Dr, Burr Ridge, IL
      View Details
    • Contact for pricing
      2,618 SF

      Retail Space in Burr Ridge

      Retail space with ample parking and highway access.
      701 Vlg Ctr Dr, Burr Ridge, IL
      View Details
    • Contact for pricing
      6,995 SF

      Retail Space in Burr Ridge

      Retail space with ample parking and easy highway access.
      830 Vlg Ctr Dr, Burr Ridge, IL
      View Details
    • Contact for pricing
      5,393 SF

      Burr Ridge Retail Opportunity

      Retail space with ample parking and convenient highway access.
      701 Burr Rdg Pkwy, Burr Ridge, IL
      View Details
    • Contact for pricing
      2,975 SF

      Office Space with Conference Center

      Office space with on-site conference center and convenient highway access.
      1000 Burr Rdg Pkwy, Burr Ridge, IL
      View Details
    • Contact for pricing
      5,041 SF

      Burr Ridge Office Complex

      Single-story office complex with remodeled suites and highway access.
      16-16 83 St, Burr Ridge, IL
      View Details
    • Contact for pricing
      1,820 SF

      Class A Office Space Available

      Three-story office building in Burr Ridge Business Center for lease.
      745 Mcclintock Dr, Burr Ridge, IL
      View Details
    • Contact for pricing
      15,000 SF

      Class A Office Space Available

      Class A office space for lease in Burr Ridge, Illinois.
      1333 Burr Rdg Pkwy, Burr Ridge, IL
      View Details
    • Contact for pricing
      7,000 SF

      Burr Ridge Office/Lab Space

      7,000 SF office and lab space available for lease.
      7075 Veterans Blvd, Burr Ridge, IL
      View Details

    FAQs

    What type of property is this?
    Flex space - 2,750 SF flex unit in Burr Ridge business park.
    Where is this flex space located?
    The property is located at 7928 Madison St Burr Ridge, IL.
    What are key features of this property?
    This property features: - Sublease available immediately in established Burr Ridge business park with access to I-55 and County Line Road.; - 2,750 SF light industrial/flex unit suitable for light manufacturing, distribution, e-commerce, showroom, or storage.; - Includes approx. 540 SF finished office area with **private office, restroom, kitchenette, and showroom.**
    (708) 740-0077
    Request Owner's contact information
    7928 Madison St Burr Ridge, IL 60527
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7928 Madison St
    Burr Ridge, IL 60527
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7928 Madison St Burr Ridge, IL 60527
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Agne Jonaityte
    (708) 740-0077 (708) 860-2007
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!