Add Listing
    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

    2803 Butterfield Rd Oak Brook, IL

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    4,265 square feet of office space for lease.

    Type:OFFICE
    Property size:
    4,265 SF
    Lot size:
    17.15 Acres
    Added:
    Aug 22, 2025
    Days on Market:
    225
    Last Refresh:
    Apr 1 at 8:16 pm

    Property Features for 2803 Butterfield Rd

    General Information

    Standard status
    Active
    Size
    4,265 SF
    Lot size
    17.15 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 2803 Butterfield Rd Contact us

    We can help!

    Listing Contact
    Ryan Moen
    Ryan Moen

    Listing agent Ryan Moen License #475.190007

    Listing office Versa Real Estate Services

    Listing date Aug 22, 2025

    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 Versa Real Estate Services

    Overview

    Office Space in Oak Brook

    This property offers 4,265 square feet of office space. It is located on Butterfield Rd in Oak Brook, Illinois.
    Location Intelligence

    Current Use by Public Records

    HRC Medical Center ... Medical Clinic Akibia Inc (Bike/Boat/Book/etc) Store Oak Brook Behavioral ... Medical Clinic Kleiser Therapy Physician Advanced Laser Clinics Hair Salon

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Oak Brook
    County
    DuPage
    State
    Illinois
    Longitude
    -87.986
    Latitude
    41.845

    Nearby Similar for Lease

    • $17/mo

      Modernist Office Building in Oak Brook

      Unique office building with prominent signage and flexible floorplan.
      2200-2222 Kensington Court, Oak Brook, IL 60523
      View Details
    • $15/mo

      Class A Office Space Available

      Two-building Class A property in Oak Brook for rent.
      1420 Kensington Rd, Oak Brook, IL
      View Details
    • Contact for pricing

      IL, Oak Brook - Oak Brook Pointe

      700 Commerce Dr Oak Brk, Unit Illinois United States of America 60523, Oak Brook, IL 60523
      View Details
    • Sponsored
      Contact for pricing

      Regency Towers

      1415 22 St Tower Fl Oak Brk, Oak Brook, IL 60523
      View Details
    • $16/mo

      Oak Brook Office Space Available

      Office space for rent in Oak Brook, Illinois.
      1520 Kensington Rd, Oak Brook, IL
      View Details
    • $19/mo

      Oak Brook Office Space Available

      Office space available for lease in Oak Brook, Illinois.
      915 Harger Rd., Oak Brook, IL 60523
      View Details
    • Contact for pricing

      Class A Medical Office Space

      New build-to-suit medical office in Oak Brook, Illinois.
      1800 York Road, Oak Brook, IL 60523
      View Details
    • Contact for pricing

      Three-Story Office Building For Rent

      Three-story office building with open floor plans available for rent.
      2100 Swift Drive, Oak Brook, IL 60523
      View Details
    • Contact for pricing

      McCook Warehouse, Distribution, Manufacturing Space

      104,110 SF space ideal for warehouse, distribution, manufacturing.
      McCook, IL 60525
      View Details
    • Contact for pricing

      Oak Brook Move-In Ready Suites

      Furnished office suites with co-working amenities near Oakbrook Center.
      2015 Spring Rd, Oak Brook, IL
      View Details
    • Contact for pricing

      Class A Office Campus

      Premier office space near Oakbrook Center mall with modern amenities.
      2021 Spring Rd, Oak Brook, IL
      View Details
    • $23/mo

      Efficient Office Space Available

      Three-story office building with modern amenities and ample parking.
      711 Jorie Blvd, Oak Brook, IL
      View Details

    FAQs

    What type of property is this?
    Office units - 4,265 square feet of office space for lease.
    Where is this office units located?
    The property is located at 2803 Butterfield Rd Oak Brook, IL.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: 4,265 square feet of office space
    (630) 294-0062 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Ryan Moen
    Ryan Moen
    Real Estate License ID: 475.190007
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!