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    3011 Butterfield Rd Oak Brook, IL 60523

    For Lease
    Contact for pricing

    Retail space in affluent Chicago suburb near major shopping centers.

    Property size:
    8,219 SF
    Lot size:
    20.66 Acres

    Property Features for 3011 Butterfield Rd

    General Information

    Size
    8,219 SF
    Lot size
    20.66 Acres

    Source: Kite Realty Group - Corporate Agent Karly Kilroy

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

    Overview

    Oak Brook Retail Opportunity

    Located in Oak Brook, Illinois, this retail property offers 8,219 square feet of space within a dining and entertainment-oriented lifestyle center. The center benefits from visibility from I-88 and frontage on Butterfield Road, a high-traffic commercial corridor. It is also located minutes from Yorktown Center and Oak Brook Center. Anchored by McCormick and Schmick's, Oak Brook Promenade is positioned in the second wealthiest suburb in the Chicago metropolitan area. The village of Oak Brook is home to headquarters for major businesses including Ace Hardware, The Chamberlain Group, Blistex Inc, Hub Group, TreeHouse Foods, Federal Signal, and A.M. Castle. The property is suited for everyday conveniences, specialty concepts, and restaurants.
    Location Intelligence

    Current Use by Public Records

    Maria Wolter, APN Nurse Practitioner GOLFTEC Oak Brook Golf Instructor Labriola Ristorante Italian Restaurant Labriola Bakery Cafe Italian Restaurant Omayra Silva Nurse Practitioner

    Suggested Use

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

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

    Similar Places Nearby

    Oak Brook Promenade

    Location Insight

    • Map
    • Local Demand
    City
    Oak Brook
    County
    DuPage
    State
    Illinois
    Longitude
    -87.991108
    Latitude
    41.842917

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    FAQs

    What type of property is this?
    Shopping center - Retail space in affluent Chicago suburb near major shopping centers.
    Where is this shopping center located?
    The property is located at 3011 Butterfield Rd Oak Brook, IL.
    What are key features of this property?
    This property features: - Located in Oak Brook, IL, the second wealthiest suburb in the Chicago metropolitan area.; - High visibility from I-88 and situated along high-traffic Butterfield Rd.; - Anchored by McCormick and Schmick's.
    (317) 577-5600
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    3011 Butterfield Rd Oak Brook, IL 60523
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    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
    3011 Butterfield Rd Oak Brook, IL 60523
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