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    3001 Butterfield Rd Oak Brook, IL 60523

    For Sale
    $1,950,000

    Land for hotel surrounded by retail, restaurants, and businesses.

    Property size:
    69,120 SF
    Lot size:
    69.00 Acres

    Property Features for 3001 Butterfield Rd

    General Information

    Size
    69,120 SF
    Lot size
    69.00 Acres

    Source: Daniel Vanchieri Agent Daniel Vanchieri

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Oak Brook Promenade Land Opportunity

    This land is located in the Oak Brook Promenade, a location near retail, restaurants, and businesses. The site has visibility from I-88 and is situated along high-traffic Butterfield Road, a major commercial corridor. Oak Brook Promenade is anchored by McCormick and Schmick's. Ace Hardware, Blistex, Federal Signal, and CenterPoint Properties have headquarters in Oak Brook. The location is less than 2 miles from Butterfield Country Club and Butler National Golf Club and close to Oak Brook Shopping Center and Yorktown Mall. This location is 19 miles west of Downtown Chicago. The property is suitable for a hotel and has a size of 69120 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Movement Technology Institute Non-Profit Organization

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Nail Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Oak Brook
    County
    DuPage
    State
    Illinois
    Longitude
    -87.991834
    Latitude
    41.842625

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    FAQs

    What type of property is this?
    Land - Land for hotel surrounded by retail, restaurants, and businesses.
    Where is this land located?
    The property is located at 3001 Butterfield Rd Oak Brook, IL.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: - High visibility from I-88 and access to high-traffic Butterfield Road.; - Located in Oak Brook, 19 miles west of Downtown Chicago.; - Surrounded by restaurants, retail, and entertainment.
    (630) 567-3705
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    3001 Butterfield Rd Oak Brook, IL 60523
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    Realmo Value Estimation

    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.

    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.

    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
    3001 Butterfield Rd Oak Brook, IL 60523
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