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Single-Story Flex Space
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400 Eisenhower Ln N, Lombard, IL 60148

I (Limited Industrial District) zoning supports a flexible commercial building with office and industrial functionality.

Property Size39,306 SF
Price / SF$98.28
Days on Market65

Property Features for 400 Eisenhower Ln N

General Information

Standard status Active
Size 39,306 SF
Class B
Total Parking Spaces 124
Property subtype Office, Industrial
Zoning I (Limited Industrial District)
Occupancy 81%
Investment Type Value Add

Building Details

Year Built 1979
Buildings 1
Stories 1
Units 7
Tenancy Multi
Listing Agency: NAI Hiffman
Listed By: Tom Gnadt · License #475180995
Source: Crexi
Added: Aug 11 Changed: Sep 13 Last Checked: Oct 12 at 6:16PM

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 NAI Hiffman

Investment Insights

Based on property information with market context.

This 39,306-square-foot flex property is a single-story building constructed in 1979, combining office areas with adaptable commercial space. Up to 7,440 SF can be occupied immediately, while additional space remains available for leasing. The property is zoned I (Limited Industrial District).

Located at 400 Eisenhower Ln N in Lombard, the building sits within Yorkbrook Business Park. Regional access is provided by nearby I-88 and I-355, with connections in multiple directions. Yorktown Mall and the retail, dining, and service businesses along 22nd Street are also close to the property, adding convenience for occupants and employees.

Key Highlights

  • 39,306‑square‑foot single‑story flex/office building
  • Up to 7,440 SF available for immediate occupancy
  • I (Limited Industrial District) zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$169,199
Cap Rate
4.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,383,980 $3.4M
Cap Rate 7%
$2,417,129 $2.4M
Cap Rate 9%
$1,879,989 $1.9M
Market Conditions
NOI Build-Up for 39,306 SF
Gross rent
$254.7K $6.48/SF
− Vacancy
−$13.0K −$0.33/SF
EGI
$241.7K $6.15/SF
− OpEx
−$72.5K −$1.84/SF
NOI
$169.2K $4.30/SF
Area
DuPage County, IL
Vacancy
5.10%
Lease Rate
$6.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,383,980
Cap Rate 7%
$2,417,129
Cap Rate 9%
$1,879,989

Alternative Uses

Best Use
Office B
$7.74M
$6.77M – $9.03M (±1% cap)
NOI $541,965 @ 7.0% cap · market cap 14.03%
Second Best
Flex RnD
$5.91M
$5.17M – $6.90M (±1% cap)
NOI $413,892 @ 7.0% cap · market cap 10.71%
Theoretical Best
Office A
$13.57M
$11.87M – $15.83M (±1% cap)
NOI $949,940 @ 7.0% cap · market cap 24.59%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Storage Facility Grocery & Convenience Store Electrical Service Nail Salon

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

1,863
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60148, IL

52,794
Population
21,744
Households
2.4
Avg Household Size
40
Median Age
48%
College-Educated
96%
High-School Grad
13.8 sq mi
ZIP Area
3,826
Density / Sq Mi
$96,606
Median Household Income
$53,675
Median Earnings
$1,805
Median Rent
$328,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Flex space - I (Limited Industrial District) zoning supports a flexible commercial building with office and industrial functionality.
Where is this flex space located?
The property is located at 400 Eisenhower Ln N Lombard, IL.
What is the asking price?
The asking price for this property is $3,863,000.
What are key features of this property?
This property features: 39,306‑square‑foot single‑story flex/office building; Up to 7,440 SF available for immediate occupancy; I (Limited Industrial District) zoning
(630) 693-0659 Call to check price and availability
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