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Two-Tenant Office Condominium

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

For Sale
$519,750

An elevator-served office property combines ongoing tenant income with space that may become available for occupancy after closing.

Property Size3,927 SF
Price / SF$132.35
Days on Market91

Property Features for 340 W Butterfield Road Unit 4D

General Information

Standard status Active
Size 3,927 SF
Net Rentable 3,220 SF
Elevators Yes
Property subtype COMMERCIAL
Occupancy 100%

Additional Details

Floor 4
Highway Access Yes
Office Units 2
Tenant in Place Yes
Property Use Office

Taxes and HOA fees

Annual Taxes $6,075

Amenities

atrium

Building Details

Building Size 3,927 SF
Year Built 1984
Tenancy Multi
Listing Agency: Keystone Real Estate LLC
Listed By: Aamir Bandukda · License IL 471.018158
Source: Angelawalkerhomes
Added: Aug 12 Changed: Nov 5 Last Checked: Nov 10 at 6:36AM

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 Keystone Real Estate LLC

Rey
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Investment Insights

Based on property information with market context.

This Elmhurst office condominium occupies space in an elevator-served atrium building constructed in 1984. The property is reported as 3,220 rentable square feet, while the assessor figure is 3,927 square feet. Its two suites measure 1,420 and 1,800 square feet. The 1,420-square-foot suite is leased to a national credit tenant, with four years remaining on a 10-year term and an option to renew. The other suite is leased to a local credit tenant under an agreement with a 90-day mutual termination clause. That space may be available to an occupying owner 90 days after closing, or it may remain leased.

The building has abundant off-street parking and access from Butterfield Road. It is near highways, Oak Brook Mall and downtown Elmhurst.

Key Highlights

  • Two office suites: 1,420 and 1,800 square feet
  • Reported at 3,220 rentable square feet; assessor figure is 3,927 square feet
  • National credit tenant has four years remaining on a 10‑year lease, with a renewal option

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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.

Lease Details

2
Office units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Office Units in DuPage County, IL

$199 Jul
$175 Aug
$339 Sep
$315 Oct

Properties on Market for Office Units in DuPage County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - An elevator-served office property combines ongoing tenant income with space that may become available for occupancy after closing.
Where is this office unit 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 $519,750.
What are key features of this property?
This property features: Two office suites: 1,420 and 1,800 square feet; Reported at 3,220 rentable square feet; assessor figure is 3,927 square feet; National credit tenant has four years remaining on a 10‑year lease, with a renewal option
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