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    16 W215 83 St, Unit D Burr Ridge, IL

    For Lease
    $16 SF/Yr ($7,120 /Mo)

    Move-in ready flex/industrial space with convenient highway access.

    Property size:
    5,041 SF
    Lot size:
    3.07 Acres

    Property Features for 16 W215 83 St

    General Information

    Size
    5,041 SF
    Lot size
    3.07 Acres

    Source: Cawley Chicago Agent Rawly Lantz, SIOR

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

    Overview

    Burr Ridge Flex/Industrial Space

    This 5,041 square foot flex/industrial space is located in Burr Ridge, Illinois, with convenient access to I-55 via the Route 83 interchange. The property features higher ceilings and 8-foot high interior doors. It includes two drive-in doors and offers abundant parking. The space benefits from 24-hour access and individually controlled HVAC.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Similar Places Nearby

    Contemporary Flavors

    Map

    City
    Burr Ridge
    County
    DuPage
    State
    Illinois
    Longitude
    -87.9285777
    Latitude
    41.7967461

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    FAQs

    What type of property is this?
    Flex space - Move-in ready flex/industrial space with convenient highway access.
    Where is this flex space located?
    The property is located at 16 W215 83 St, Unit D Burr Ridge, IL.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Ideal location off I-55 with full interchange at Rte 83; - Abundant parking; - Benefit from 24-hour access
    (630) 886-3069
    Request Owner's contact information
    16 W215 83 St, Unit D Burr Ridge, IL
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    Burr Ridge, IL
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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
    16 W215 83 St, Unit D Burr Ridge, IL
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