Sign Up Successful!
You now have access to more from Realmo!
    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

    5500 Pearl St Rosemont, IL

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $29 SF/Yr ($6,641 /Mo)

    Office space with access to public transit, airport, and entertainment.

    Property size:
    2,748 SF
    Lot size:
    2.50 Acres

    Property Features for 5500 Pearl St

    General Information

    Size
    2,748 SF
    Lot size
    2.50 Acres

    We can help!

    Listing Contact
    Jason Wurtz
    Jason Wurtz
    Source: Moodyscre

    Listing Agent: Jason Wurtz

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

    Learn more

    Overview

    Office Space Near Public Transit

    This 2,748 square foot office space is located in close proximity to public transit, with shuttle service available to and from the CTA blue line. The location offers convenient access to Rosemont and O'Hare airport. The property includes a fitness center, conference center, and training center. It is also near Parkway Bank Park, Impact Field, and the Pearl entertainment district.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Rosemont
    County
    State
    Illinois
    Longitude
    -90.0928852
    Latitude
    38.6350501

    Nearby Similar for Lease

    • $21 SF/Yr
      1,539 SF

      Office Space Near O'Hare Airport

      Office space for rent near O'Hare and major highways.
      10400 W Higgins Rd, Rosemont, IL
      View Details
    • $8 SF/Yr
      6,249 SF

      Rosemont Office Space Available

      Flexible workspaces in prime Rosemont location.
      9400 Higgins Rd, Rosemont, IL 60018
      View Details
    • Contact for pricing
      11,753 SF

      Rosemont Office Space with Amenities

      Office space with workstations, private offices, and convenient amenities.
      9450 Bryn Mawr Ave, Rosemont, IL
      View Details
    • $21 SF/Yr
      2,951 SF

      Office Space Near O'Hare Airport

      Office space for rent near O'Hare and major transportation.
      10600 W Higgins Rd, Rosemont, IL
      View Details
    • $28 SF/Yr
      133,237 SF

      Prime Rosemont Office Space

      Class A Office, 2,748 SF Available
      5500 Pearl St, Rosemont, IL 60018
      View Details
    • $21 SF/Yr
      106,175 SF

      O'Hare Corporate Towers Office Space

      Rosemont, IL Office Building - Prime Location
      10400 Higgins Rd, Rosemont, IL 60018
      View Details
    • $22 SF/Yr
      24,225 SF

      Prime Rosemont Office Space Available

      Modern, flexible office suites near O'Hare.
      5600 Riv Rd, Rosemont, IL 60018
      View Details
    • $32 SF/Yr
      24,806 SF

      Rosemont Office Space for Lease

      Prime office space in O’Hare submarket with premium amenities.
      6400 Shafer Ct, Rosemont, IL
      View Details
    • $22 SF/Yr
      3,161 SF

      Office Space Near O'Hare Airport

      Premier office complex near O'Hare Airport and CTA Blue Line.
      9550 W Higgins Rd, Rosemont, IL
      View Details
    • $22 SF/Yr
      270,512 SF

      Pointe O'Hare Executive Suites

      Rosemont, IL Office Space Available
      9550 Higgins Rd, Rosemont, IL 60018
      View Details
    • $17 SF/Yr
      9,094 SF

      Office and Retail Space Available

      Office and retail spaces with on-site amenities and parking.
      5600 N Riv Rd, Rosemont, IL
      View Details
    • $19 SF/Yr
      29,884 SF

      Class A Office Property

      Two-building Class A office property with modern amenities and accessibility.
      10255 W Higgins Rd, Rosemont, IL
      View Details

    FAQs

    What type of property is this?
    Office space - Office space with access to public transit, airport, and entertainment.
    Where is this office space located?
    The property is located at 5500 Pearl St Rosemont, IL.
    What is the lease rate?
    The lease rate is $29 SF/Yr.
    What are key features of this property?
    This property features: - Ideal location with excellent access to public transit; - Shuttle service to CTA blue line, Rosemont, and O'Hare airport; - Proximity to Parkway Bank Park and Pearl entertainment district
    (630) 932-1234
    Request Owner's contact information
    5500 Pearl St Rosemont, IL
    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.
    5500 Pearl St
    Rosemont, IL
    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
    5500 Pearl St Rosemont, IL
    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
    Jason Wurtz
    Jason Wurtz
    (630) 932-1234
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.