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Two-Unit Office Condo
For Sale
$525,000

340 W Butterfield Road 4d, Elmhurst, IL 60126

Elevator office condominium with an atrium setting, existing leases, and potential future occupancy for a user.

Property Size3,927 SF
Price / SF$133.69
Days on Market14

Property Features for 340 W Butterfield Road 4d

General Information

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

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Office Units 2

Amenities

atrium

Building Details

Year Built 1984
Tenancy Multi
Owner Occupied No
Listing Agency: Keystone Real Estate LLC
Listed By: Aamir Bandukda · License #471018158
Source: Amyboston.realtopiare
Added: Aug 17 Changed: Aug 29 Last Checked: Aug 25 at 3:58AM

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 contains two leased units within a well-maintained elevator building with an atrium-style interior. The property includes 3,220 rentable square feet and 3,927 square feet per assessor. One 1,420-square-foot unit is occupied by a national credit tenant under a 10-year term with 4 years remaining and an option to renew. The second unit contains 1,800 square feet and is leased to a local credit tenant under a 90-day mutual termination provision.

A user buyer may occupy the 1,800-square-foot unit 90 days after closing or continue leasing it to the existing tenant or a replacement occupant. The property is located on Butterfield Road in Elmhurst, with access to area highways, Oak Brook Mall, and downtown Elmhurst. Abundant free off-street parking serves the building.

Key Highlights

  • Two leased office units totaling 3,220 rentable square feet
  • 3,927 square feet per assessor
  • 1,420‑square‑foot unit leased to a national credit tenant with 4 years remaining on a 10‑year term

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.

Lease Details

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

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 an atrium setting, existing leases, and potential future occupancy for a user.
Where is this office units located?
The property is located at 340 W Butterfield Road 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 leased office units totaling 3,220 rentable square feet; 3,927 square feet per assessor; 1,420‑square‑foot unit leased to a national credit tenant with 4 years remaining on a 10‑year term
More about this property
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