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

    770 Pasquinelli Dr Westmont, IL 60559

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $13 SF/Yr ($4,345 /Mo)

    Single-story office space with private entrances and controlled HVAC.

    Property size:
    4,011 SF
    Lot size:
    8.66 Acres

    Property Features for 770 Pasquinelli Dr

    General Information

    Size
    4,011 SF
    Lot size
    8.66 Acres

    We can help!

    Listing Contact
    Daniel O'neill
    Daniel O'neill
    Source: Moodyscre

    Listing Agent: Daniel O'neill

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

    Learn more

    Overview

    Westmont Office Space For Rent

    This single-story office space features a quality design with private tenant entrances and private restroom facilities. The property is fully sprinklered and offers Comcast internet service, with fiber on-site. Tenants benefit from independently controlled HVAC and tenant-controlled windows. Located in Westmont, Illinois, the property provides competitive lease rates and lower DuPage County taxes. The space is 4,011 square feet and suitable for office use.
    Location Intelligence

    Current Use by Public Records

    Structure Tec Structural Engineer Cardinal Health Pharmacy Dr. Nichole Dawson Psychologist Sofbang Software Company rSTAR Technologies Software Company

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Westmont
    County
    DuPage
    State
    Illinois
    Longitude
    -87.954708
    Latitude
    41.815927

    Nearby Similar for Lease

    • Contact for pricing

      Westmont Office Space For Rent

      Office space in downtown Westmont, near Metra station.
      38 N Cass Ave, Westmont, IL 60559
      View Details
    • $7 SF/Yr
      6,249 SF

      Westmont Office Space for Lease

      Flexible workspace solutions in Westmont, IL.
      999 Oakmont Plaza Dr, Westmont, IL 60559
      View Details
    • $22 SF/Yr
      74,279 SF

      Westmont Office Space for Lease

      Prime DuPage County Office Building, 4 Spaces Available
      900 Oakmont Ln, Westmont, IL 60559
      View Details
    • $24 SF/Yr
      118,000 SF

      Oakmont Plaza Office Suites

      Westmont, IL Class A Office Space
      999 Oakmont Plaza Dr, Westmont, IL 60559
      View Details
    • $14 SF/Yr
      2,192 SF

      Westmont Office Space for Lease

      Office space in Westmont with convenient access to expressways.
      100-900 Quail Ridge Dr, Westmont, IL 60559
      View Details
    • $21 SF/Yr
      9,083 SF

      Westmont Office Space For Rent

      Office spaces available in Westmont, from 1,696 to 8,867 SF.
      1 E Oakhill Dr, Westmont, IL 60559
      View Details
    • $14 SF/Yr
      3,844 SF

      Westmont Flex Space Available

      Flex space with natural light and convenient parking for rent.
      1010 Executive Ct, Westmont, IL
      View Details
    • Contact for pricing
      2,184 SF

      Renovated Office Space Available

      High-class, professionally managed office suites for lease.
      700 E Ogden Ave, Westmont, IL 60559
      View Details
    • Contact for pricing
      3,105 SF

      Retail Space on Cass Avenue

      Retail space available in Westmont on busy Cass Avenue.
      6372-6394 S Cass Ave, Westmont, IL 60559
      View Details
    • Contact for pricing
      1,121 SF

      Retail Space on Cass Avenue

      Retail space available in Westmont, high-visibility location.
      6344-6356 S Cass Ave, Westmont, IL 60559
      View Details
    • Contact for pricing
      600 SF

      Office Suites Available for Rent

      Office suites for rent, 225 SF and 600 SF.
      100 E Ogden Ave, Westmont, IL 60559
      View Details
    • $14 SF/Yr
      6,798 SF

      Westmont Office Space For Rent

      Office suites available with private entrances and 24-hour access.
      710-815 Quail Ridge Dr, Westmont, IL 60559
      View Details

    FAQs

    What type of property is this?
    Office space - Single-story office space with private entrances and controlled HVAC.
    Where is this office space located?
    The property is located at 770 Pasquinelli Dr Westmont, IL.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - Single story quality office design; - Private tenant entrances and private restroom facilities; - Independently controlled HVAC
    (630) 932-1234
    Request Owner's contact information
    770 Pasquinelli Dr Westmont, IL 60559
    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.
    770 Pasquinelli Dr
    Westmont, IL 60559
    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
    770 Pasquinelli Dr Westmont, IL 60559
    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
    Daniel O'neill
    Daniel O'neill
    (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.