Listing Agency: Newmark | Chicago s***@nmrk.com Show Phone

Listed By: John W. Norris

Source: Moodyscre

Added: Nov 19, 2024 Changed: Jul 25 Last Checked: Aug 2 at 10:27AM

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Investment Insights

Based on property information with market context.

Located at 1801 S Meyers Rd in Oakbrook Ter, this office property offers plug-n-play modern and traditional suites. The building features covered parking along with heated executive parking. Newly renovated amenities include a lobby atrium and lounge, conference facilities, a fitness center, a game room, and an outdoor patio.

Access is available via I-355, I-88, and I-294. Restaurants and health clubs are in the immediate area, and nearby shopping includes Oakbrook Center, Yorktown Mall, and Fountain Square.

Key Highlights

• Quick access via I‑355, I‑88, and I‑294
• Covered parking with heated executive parking
• Tenant‑ready modern and traditional office suites with plug‑and‑play setup

Property Analytics

Current Use

Gennuso Financial Group Financial Advisor Trinity Consultants Environmental Consultant Peters & Associates Tech Support Center The Manno Group Insurance ... Insurance Agency Wealth Planning Associates Financial Advisor

Suggested Use

Top Pick Building Supply Auto Repair Shop Storage Facility Auto Parts Store Veterinary Clinic Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

NNN (Triple Net)

Lease Type

$3.38 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,453

Businesses Nearby

Explore this area Business Placement

Demographics for 60181, IL

29,821

Population

12,485

Households

2.4

Avg Household Size

38

Median Age

38%

College-Educated

92%

High-School Grad

6.5 sq mi

ZIP Area

4,588

Density / Sq Mi

$90,375

Median Household Income

$47,191

Median Earnings

$1,619

Median Rent

$294,700

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

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Frequently Asked Questions

What type of property is this?

Office units - Tenant-ready offices offer covered, heated parking plus newly renovated lobby atrium, lounge, conference facilities, fitness, game room.

Where is this office units located?

The property is located at 1801 S Meyers Rd Oakbrook Ter, IL.

What is the lease rate?

The lease rate is $22.50 SF/Yr.

What are key features of this property?

This property features: Quick access via I‑355, I‑88, and I‑294; Covered parking with heated executive parking; Tenant‑ready modern and traditional office suites with plug‑and‑play setup