Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Hinsdale Office Space For Lease Title is generated by Realmo AI

    11 Salt Creek Ln, Hinsdale, IL

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Office building with modern amenities available for lease in Hinsdale.

    Type:OFFICE
    Property size:
    13,843 SF
    Lot size:
    3.92 Acres
    Added:
    Nov 3, 2022
    Days on Market:
    1296
    Last Refresh:
    Apr 5 at 9:58 pm

    Property Features for 11 Salt Creek Ln

    General Information

    Standard status
    Active
    Size
    13,843 SF
    Lot size
    3.92 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 11 Salt Creek Ln Contact us

    We can help!

    Listing Contact
    Kelleen M. Enright

    Listing agent Kelleen M. Enright

    Listing office MedProperties Group

    Listing date Nov 3, 2022

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of MedProperties Group

    HighLights

    • Wired for both Comcast and AT&T
    • Benefit from the building card access system
    • Common area restrooms on all floors
    • Kitchen area/staff lounge on 3rd floor
    • Entire building sprinklered
    • Roof heat taped to avoid ice build up

    Overview

    This office building features an electronic directory and a card access system. The building is wired for both Comcast and AT&T. The entire building is sprinklered, and the roof is heat taped to prevent ice buildup. Each floor has common area restrooms for men and women, and a minimum of two fire extinguishers are located in the common areas on every floor. A kitchen area and staff lounge are located on the 3rd floor. Building signage opportunities are available. The property's size is 13843 square feet. The estimated operating expenses for 2021 were $4.62 per square foot, and the estimated real estate taxes for 2021 were $2.13 per square foot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Hinsdale
    County
    DuPage
    State
    Illinois
    Longitude
    -87.9209943
    Latitude
    41.8198943

    Nearby Similar for Lease

    • Contact for pricing

      Commercial Space in Hinsdale, IL

      Commercial space available for rent in Hinsdale, Illinois.
      501 W Ogden Avenue, Hinsdale, IL 60521
      View Details
    • Contact for pricing

      Charming Office Space in Hinsdale

      Quiet Hinsdale office space near amenities and train.
      11 N Grant Street, Hinsdale, IL 60521
      View Details
    • Contact for pricing

      Charming Office Space in Hinsdale

      Quiet Hinsdale office space near amenities and train.
      11 N Grant Street, Hinsdale, IL 60521
      View Details
    • $17 SF/Yr
      28,568 SF

      Medical Office in Salt Creek

      2-Story medical office building in Salt Creek Medical Campus.
      901 N Elm, Hinsdale, IL 60521
      View Details
    • Contact for pricing
      60,997 SF

      Medical Office Building in Hinsdale

      Four-story medical office building within Salt Creek Medical Campus.
      12 Salt Creek Ln, Hinsdale, IL 60521-8605
      View Details
    • $2,000/Mo
      1,200 SF

      Professional Office Suite For Rent

      1,200 SF office suite with private offices and conference room.
      123 E Ogden Ave, Hinsdale, IL
      View Details
    • $32 SF/Yr
      1,406 SF

      Renovated Office Space Available

      Professionally managed office space with ample parking and custom build-outs.
      333 Chestnut St, Hinsdale, IL
      View Details
    • $27 SF/Yr
      2,172 SF

      Downtown Hinsdale Office Space

      Full floor office space available in downtown Hinsdale.
      35 E 1st St, Hinsdale, IL
      View Details
    • $27 SF/Yr
      3,300 SF

      Hinsdale Office Space Available

      Downtown Hinsdale office space for lease near Metra.
      21 W 2nd St, Hinsdale, IL
      View Details
    • Contact for pricing
      1,036 SF

      Hinsdale Office Space Available

      Office space available for rent in Hinsdale, Illinois.
      911 N Elm St, Hinsdale, IL
      View Details
    • Contact for pricing
      2,508 SF

      Hinsdale Office Space Available

      Office space available for rent in Hinsdale, Illinois.
      908 N Elm St, Hinsdale, IL
      View Details
    • $17 SF/Yr
      637 SF

      Medical/Office Space For Rent

      Medical/office space for lease near Amita Health Adventist Medical Center.
      901 N Elm St, Hinsdale, IL
      View Details

    FAQs

    What type of property is this?
    Office units - Office building with modern amenities available for lease in Hinsdale.
    Where is this office units located?
    The property is located at 11 Salt Creek Ln Hinsdale, IL.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: Wired for both Comcast and AT&T; Benefit from the building card access system; Common area restrooms on all floors
    (847) 897-7300 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Kelleen M. Enright
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    11 Salt Creek Ln, Hinsdale, IL
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!