Office Units with Private
For Sale
$349,000
414 Plaza Dr Unit 106, Westmont, IL 60559
Two connected office units offer a professional layout with reception, updated restrooms, and shared kitchen access.
Property Size1,500 SF
Price / SF$232.67
Days on Market51
Property Features for 414 Plaza Dr Unit 106
General Information
Standard status
Active
Size
1,500 SF
Building Details
Year Built
1977
Listing Agency:
Compass
Listed By:
Michael Giliano · License #475135259
(630) 816-1363
Source:
Liveliferealty
Added: Aug 26
Changed: Oct 11
Last Checked: Oct 7 at 12:59PM
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 Compass
Investment Insights
Based on property information with market context.
Units 106 and 107 comprise a single-story office property totaling 1,500 square feet. The layout includes six private offices, a waiting area, two updated bathrooms, and access to a shared kitchen, providing a practical configuration for office or medical use.
The property is located at 414 Plaza Dr within Oakwood Executive Centre Office Park in Westmont, Illinois. It faces south along Plaza Dr and sits near the rear of the office park. Parking is available on both sides of the building, with capacity listed at 13-25 cars plus. The setting is near a Mercedes dealership, recreational park, restaurants, highways, office supply stores, grocery stores, and fitness centers, with Hinsdale, Oak Brook, and Clarendon Hills also nearby.
The property is located at 414 Plaza Dr within Oakwood Executive Centre Office Park in Westmont, Illinois. It faces south along Plaza Dr and sits near the rear of the office park. Parking is available on both sides of the building, with capacity listed at 13-25 cars plus. The setting is near a Mercedes dealership, recreational park, restaurants, highways, office supply stores, grocery stores, and fitness centers, with Hinsdale, Oak Brook, and Clarendon Hills also nearby.
Key Highlights
- 1,500 SF single‑story office property comprising Units 106 and 107
- Six individual private offices plus a waiting area
- Two updated bathrooms and shared kitchen access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,683
Cap Rate
5.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$413,660
$413.7K
Cap Rate 7%
$295,471
$295.5K
Cap Rate 9%
$229,811
$229.8K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$36.7K $24.48/SF
− Vacancy
−$9.1K −$6.10/SF
EGI
$27.6K $18.38/SF
− OpEx
−$6.9K −$4.60/SF
NOI
$20.7K $13.79/SF
Area
DuPage County, IL
Vacancy
24.90%
Lease Rate
$24.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$413,660
Cap Rate 7%
$295,471
Cap Rate 9%
$229,811
Alternative Uses
Best Use
Office B
$295.5K
$258.5K – $344.7K
NOI $20,683 @ 7.0% cap · market cap 5.93%
Second Best
Healthcare Medical
$283.9K
$248.4K – $331.2K
NOI $19,872 @ 7.0% cap · market cap 5.69%
Theoretical Best
Office A
$517.9K
$453.2K – $604.2K
NOI $36,252 @ 7.0% cap · market cap 10.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
1,047
Businesses Nearby
Explore this area
Business Placement
Demographics for 60559, IL
24,363
Population
11,105
Households
2.2
Avg Household Size
39
Median Age
49%
College-Educated
95%
High-School Grad
4.7 sq mi
ZIP Area
5,184
Density / Sq Mi
$87,474
Median Household Income
$53,980
Median Earnings
$1,491
Median Rent
$356,400
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office units - Two connected office units offer a professional layout with reception, updated restrooms, and shared kitchen access.
Where is this office units located?
The property is located at 414 Plaza Dr Unit 106 Westmont, IL.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 1,500 SF single‑story office property comprising Units 106 and 107; Six individual private offices plus a waiting area; Two updated bathrooms and shared kitchen access
