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Multi-Tenant Office Complex
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301-339 & 391 Quadrangle Dr, Bolingbrook, IL 60440

Three single-story masonry buildings with additional land and substantial on-site parking near I-55.

Property Size46,887 SF
Lot Size8.43 Acres
Days on Market145

Property Features for 301-339 & 391 Quadrangle Dr

General Information

Standard status Active
Size 46,887 SF
Net Rentable 46,887 SF
Total Parking Spaces 355
Lot size 8.43 Acres
Property subtype Office
Occupancy 68%

Additional Details

Highway Access Yes

Building Details

Year Built 1981
Buildings 3
Stories 1
Construction masonry
Tenancy Multi
Listing Agency: Marcus & Millichap - Chicago Downtown
Listed By: Stephen Lieberman · License #IL 475.144282
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 4:39AM

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 Marcus & Millichap - Chicago Downtown

Investment Insights

Based on property information with market context.

This office property comprises three single-story masonry buildings constructed in 1981, totaling 46,887 rentable square feet across an 8.43-acre site. The complex accommodates 12 tenants and includes 355 existing parking spaces. Occupancy is currently 68%, with lease expirations occurring at varying times.

The property also contains 1.3 acres of undeveloped land at the southeast end of the site. That area is large enough for a fourth 30,000 square foot building, supporting a partial or full redevelopment strategy alongside continued use of the existing improvements. The site is located at 301-339 & 391 Quadrangle Dr in Bolingbrook, Illinois, less than one mile from the I-55 expressway.

Key Highlights

  • 46,887 rentable square feet across three office buildings
  • 8.43‑acre site with 1.3 acres of undeveloped land
  • Fourth 30,000 square foot building could be constructed on the additional land

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Cafe & Coffee Shop Garden Center Law Firm Real Estate Agency Catering Service Acupuncture

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

68%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

993
Businesses Nearby

Demographics for 60440, IL

52,031
Population
17,750
Households
2.9
Avg Household Size
37
Median Age
31%
College-Educated
87%
High-School Grad
15.1 sq mi
ZIP Area
3,446
Density / Sq Mi
$95,120
Median Household Income
$45,021
Median Earnings
$1,648
Median Rent
$262,100
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 building - Three single-story masonry buildings with additional land and substantial on-site parking near I-55.
Where is this office building located?
The property is located at 301-339 & 391 Quadrangle Dr Bolingbrook, IL.
What are key features of this property?
This property features: 46,887 rentable square feet across three office buildings; 8.43‑acre site with 1.3 acres of undeveloped land; Fourth 30,000 square foot building could be constructed on the additional land
More about this property
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