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Two-Unit Office Condo
New
For Sale
$525,000

340 W Butterfield Road Unit 4D, Elmhurst, IL 60126

Elevator office condominium with existing leases, flexible occupancy options, and free off-street parking.

Property Size3,927 SF
Price / SF$133.69
Days on Market7

Property Features for 340 W Butterfield Road Unit 4D

General Information

Standard status Active
Size 3,927 SF
Property subtype COMMERCIAL

Taxes and HOA fees

Annual Taxes $6,850

Building Details

Building Size 3,927 SF
Year Built 1984
Listing Agency: Keystone Real Estate LLC
Listed By: Aamir Bandukda · License #471018158
Source: Dawnmckennagroup
Added: Aug 12 Changed: Aug 17 Last Checked: Aug 17 at 2:00PM

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 Keystone Real Estate LLC

Investment Insights

Based on property information with market context.

This office condominium is configured as two leased units within an elevator-served atrium building constructed in 1984. One 1,420-square-foot suite is occupied by a national credit tenant under a 10-year term with 4 years remaining and an option to renew. The second 1,800-square-foot unit is leased to a local credit tenant under an agreement that includes a 90-day mutual termination clause.

A purchaser may occupy the 1,800-square-foot unit after the applicable notice period or continue leasing it to an existing or replacement occupant. The property is located on W Butterfield Road in Elmhurst, with access from Butterfield Road, proximity to major highways, and convenient reach of Oak Brook Mall and downtown Elmhurst. Free off-street parking is available at the building.

Key Highlights

  • Two office units within an elevator‑served atrium building
  • 1,420‑square‑foot suite leased to a national credit tenant
  • 10‑year lease term with 4 years remaining and an option to renew

Property Analytics

Current Use

Oak Brook Dental ... Dental Office Dr. Victoria Grannan-Manchen, ... Dental Office Summit League Gym & Fitness Center Sensational Smiles Dental Office Nickas Jeffrey a DDS Dental Office

Suggested Use

Top Pick Hair Salon Nail Salon Barber Shop Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Daycare Center

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

Location Intelligence

Trade Area within ½ mile

650
Businesses Nearby

Demographics for 60126, IL

48,147
Population
18,687
Households
2.6
Avg Household Size
41
Median Age
62%
College-Educated
96%
High-School Grad
11.2 sq mi
ZIP Area
4,299
Density / Sq Mi
$143,333
Median Household Income
$76,258
Median Earnings
$1,890
Median Rent
$527,600
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 - Elevator office condominium with existing leases, flexible occupancy options, and free off-street parking.
Where is this office units located?
The property is located at 340 W Butterfield Road Unit 4D Elmhurst, IL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Two office units within an elevator‑served atrium building; 1,420‑square‑foot suite leased to a national credit tenant; 10‑year lease term with 4 years remaining and an option to renew
More about this property
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