Search
Two-Building Office Property

7025 and 7035 Veterans Boulevard, Burr Ridge, IL 60527

For Sale
$2,000,000

Four independently entered suites offer flexible occupancy, with a shared lot serving both buildings.

Property Size10,000 SF
Price / SF$200
Days on Market426

Property Features for 7025 and 7035 Veterans Boulevard

General Information

Standard status Active
Size 10,000 SF
Total Parking Spaces 40
Property subtype Commercial
Zoning OFFIC

Additional Details

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

Taxes and HOA fees

Annual Taxes $34,283

Building Details

Building Size 10,000 SF
Year Built 2006
Buildings 2
Stories 1
Units 4
Listing Agency: Triumph Real Estate, Inc.
Listed By: Dawn Beckerman · License #475166363
Source: Crossdavidson
Added: Sep 10, 2025 Changed: Nov 8 Last Checked: Nov 8 at 2:57PM

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 Triumph Real Estate, Inc.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This office property comprises two buildings of 5,000 square feet each, for 10,000 square feet total. Each building contains two suites with separate entrances; individual suites range from 1,900 to 3,100 square feet. Three suites are vacant, and the fourth is expected to be vacated upon sale. Both buildings received new roofs in 2024, and the property was built in 2006. Zoning is OFFIC.

A shared parking lot accommodates 40 vehicles. The property is near I-55 and the 294 expressways, with Burr Ridge Village Center—offering restaurants, shops and hotels—a few minutes away.

Key Highlights

  • Two office buildings totaling 10,000 square feet, with 5,000 square feet in each
  • Four suites with separate entrances; suite sizes range from 1,900 to 3,100 square feet
  • Three suites are vacant; the remaining suite is expected to vacate upon sale

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$137,884
Cap Rate
6.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,757,680 $2.8M
Cap Rate 7%
$1,969,771 $2.0M
Cap Rate 9%
$1,532,044 $1.5M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$244.8K $24.48/SF
− Vacancy
−$61.0K −$6.10/SF
EGI
$183.8K $18.38/SF
− OpEx
−$46.0K −$4.60/SF
NOI
$137.9K $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%
$2,757,680
Cap Rate 7%
$1,969,771
Cap Rate 9%
$1,532,044

Alternative Uses

Best Use
Office B
$1.97M
$1.72M – $2.30M (±1% cap)
NOI $137,884 @ 7.0% cap · market cap 6.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.73M
$2.39M – $3.18M (±1% cap)
NOI $190,875 @ 7.0% cap · market cap 9.54%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Wine and Liquor Store Computer & Electronic Repair Veterinary Clinic Storage Facility Furniture & Home Goods

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

4
Office units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,027
Businesses Nearby

Demographics for 60527, IL

29,139
Population
13,101
Households
2.2
Avg Household Size
47
Median Age
58%
College-Educated
96%
High-School Grad
14.4 sq mi
ZIP Area
2,024
Density / Sq Mi
$110,482
Median Household Income
$62,257
Median Earnings
$1,553
Median Rent
$488,300
Median Home Value

Market

Properties on Market for Office buildings 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 building - Four independently entered suites offer flexible occupancy, with a shared lot serving both buildings.
Where is this office building located?
The property is located at 7025 and 7035 Veterans Boulevard Burr Ridge, IL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Two office buildings totaling 10,000 square feet, with 5,000 square feet in each; Four suites with separate entrances; suite sizes range from 1,900 to 3,100 square feet; Three suites are vacant; the remaining suite is expected to vacate upon sale
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved