Office Condominium with Private
2005 Bloomingdale Road B, Glendale Heights, IL 60139
For Sale
Contact for pricing
Ground-level layout combines private workrooms, shared workspace, reception, and a kitchenette.
Property Size1,600 SF
Price / SF$218.75
Days on Market16
Property Features for 2005 Bloomingdale Road B
General Information
Standard status
Size
Property subtype
Space & Availability
Floor
Furnished
Additional Details
Office Units
Property Use
Listing Agency:
Baird & Warner
Listed By:
miguel ruiz
(847) 528-7090
Source:
Crexi
Added: Oct 27
Changed: Nov 9
Last Checked: Nov 10 at 8:36AM
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 Baird & Warner
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Investment Insights
Based on property information with market context.
This office condominium encompasses approximately 1,600 SF, arranged with multiple private offices, reception and waiting areas, and an open zone suited to work or meetings. A kitchenette and two restrooms round out the interior. Large windows bring natural light into the space, and access is at ground level.
The sale is offered as-is and includes seller-owned office furniture. Nearby parking is available.
The sale is offered as-is and includes seller-owned office furniture. Nearby parking is available.
Key Highlights
- Approximately 1,600 SF of office condominium space
- Multiple private offices plus reception, waiting, and open work or conference areas
- Kitchenette and two restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,061
Cap Rate
6.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$441,220
$441.2K
Cap Rate 7%
$315,157
$315.2K
Cap Rate 9%
$245,122
$245.1K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$39.2K $24.48/SF
− Vacancy
−$9.8K −$6.10/SF
EGI
$29.4K $18.38/SF
− OpEx
−$7.4K −$4.60/SF
NOI
$22.1K $13.79/SF
Area
DuPage County, IL
Vacancy
24.90%
Lease Rate
$24.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$441,220
Cap Rate 7%
$315,157
Cap Rate 9%
$245,122
Alternative Uses
Best Use
Office B
$315.2K
$275.8K – $367.7K
NOI $22,061 @ 7.0% cap · market cap 6.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$436.3K
$381.8K – $509.0K
NOI $30,540 @ 7.0% cap · market cap 8.73%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
940
Businesses Nearby
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Business Placement
Demographics for 60139, IL
33,196
Population
11,882
Households
2.8
Avg Household Size
36
Median Age
30%
College-Educated
83%
High-School Grad
5.5 sq mi
ZIP Area
6,036
Density / Sq Mi
$81,996
Median Household Income
$41,752
Median Earnings
$1,558
Median Rent
$249,300
Median Home Value
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Market
Average Price Trend$/SF for Office Units in DuPage County, IL
Properties on Market for Office Units in DuPage County
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Ground-level layout combines private workrooms, shared workspace, reception, and a kitchenette.
Where is this office unit located?
The property is located at 2005 Bloomingdale Road B Glendale Heights, IL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Approximately 1,600 SF of office condominium space; Multiple private offices plus reception, waiting, and open work or conference areas; Kitchenette and two restrooms
