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Renovated Office Condominium Suite
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600 Enterprise Dr, Oak Brook, IL 60523

Newly built, renovated general office space with six private offices in a condo office setting.

Property Size2,154 SF
Price / SF$322.66
Days on Market473

Property Features for 600 Enterprise Dr

General Information

Standard status Active
Size 2,154 SF
Property subtype OFFICE
Listing Agency: Joseph Rossi & Associates, Inc (JRA) - Corporate
Listed By: Scott Fitzgerald
Source: Moodyscre
Added: Apr 18, 2025 Changed: Jul 28 Last Checked: Aug 3 at 5:00AM

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 Joseph Rossi & Associates, Inc (JRA) - Corporate

Investment Insights

Based on property information with market context.

This newly built office condominium offers renovated general office space within Salt Creek Atrium Condominiums. The suite totals 2,154 square feet and is configured with six private offices, providing dedicated enclosed workspaces for teams or individual users.

Located at 600 Enterprise Dr in Oak Brook, the property is part of a condominium office building, offering a purpose-built office environment for prospective occupants or purchasers seeking an owned suite.

The space is delivered as an office suite centered on private office configuration within a renovated general office layout.

Key Highlights

  • 2,154 SF renovated general office space in Salt Creek Atrium Condominiums in Oak Brook
  • Condo office unit setup with six private offices

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $52.7k $24.48
− Vacancy −$13.1k −$6.10
EGI $39.6k $18.38
− OpEx −$9.9k −$4.60
NOI $29.7k $13.79
2,154 SF · lease $24.48/SF/yr · vacancy 24.90% · expense 25.00%

Alternative Uses

Best Use
Office B
$424.3K
$371.3K – $495.0K (±1% cap)
NOI $29,700 @ 7.0% cap · market cap 4.27%
Second Best
no second resolved use
Theoretical Best
Office A
$743.7K
$650.7K – $867.6K (±1% cap)
NOI $52,057 @ 7.0% cap · market cap 7.49%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

TFM ELD Freight Service Ccb Associates Inc Accounting Firm Creation Kitchen & Bath, ... Construction Company DDV Law, Ltd. Law Firm Oak Brook Urology Physician

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Grocery & Convenience Store Garden Center Locksmith Barber Shop

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

1,745
Businesses Nearby

Demographics for 60523, IL

10,347
Population
4,601
Households
2.2
Avg Household Size
57
Median Age
64%
College-Educated
97%
High-School Grad
9.0 sq mi
ZIP Area
1,150
Density / Sq Mi
$114,418
Median Household Income
$85,172
Median Earnings
$776
Median Rent
$733,300
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 - Newly built, renovated general office space with six private offices in a condo office setting.
Where is this office units located?
The property is located at 600 Enterprise Dr Oak Brook, IL.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 2,154 SF renovated general office space in Salt Creek Atrium Condominiums in Oak Brook; Condo office unit setup with six private offices
(312) 523-3176 Call to check price and availability
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