Furnished Office
7045 Veterans Boulevard, Burr Ridge, IL 60527
For Sale
New
$450,000
Commercial Sale, Burr Ridge, IL
Property Size2,118 SF
Lot Size0.33 Acres
Price / SF$212.46
Days on Market1
Property Features for 7045 Veterans Boulevard
General Information
Property type
Property subtype
Zoning
Directions
Subdivision
Standard status
APN
Lot size
Additional Details
Property Use
Condition
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Cooling system
Amenities
conference room
kitchen and eating area
Building Details
Year built
Floors in Building
Number of units
Building materials
Listing Agency:
Kale Realty
Listed By:
Farshad Davachi
(312) 939-5253
Added: Nov 9
Last Checked: Nov 9 at 7:06PM
MLS# 12803678
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
The 2,118-square-foot office space at 7045 Veterans Boulevard in Burr Ridge includes a conference room, kitchen and eating area, and cubicles that can be rearranged. Furnishings are in place in the conference room and one office. The building is brick, has central air, and is zoned OFFIC.
Parking is available at the property. The owner covers building insurance, association fees, water, trash removal, snow removal, landscaping, and other applicable common-area expenses. The tenant is responsible for utilities serving the premises.
Parking is available at the property. The owner covers building insurance, association fees, water, trash removal, snow removal, landscaping, and other applicable common-area expenses. The tenant is responsible for utilities serving the premises.
Key Highlights
- 2,118‑square‑foot office space in Burr Ridge
- Conference room, kitchen, and eating area
- Reconfigurable cubicles; conference room and one office furnished
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,204
Cap Rate
6.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$584,080
$584.1K
Cap Rate 7%
$417,200
$417.2K
Cap Rate 9%
$324,489
$324.5K
Market Conditions
NOI Build-Up for 2,118 SF
Gross rent
$51.8K $24.48/SF
− Vacancy
−$12.9K −$6.10/SF
EGI
$38.9K $18.38/SF
− OpEx
−$9.7K −$4.60/SF
NOI
$29.2K $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%
$584,080
Cap Rate 7%
$417,200
Cap Rate 9%
$324,489
Alternative Uses
Best Use
Office B
$417.2K
$365.1K – $486.7K
NOI $29,204 @ 7.0% cap · market cap 6.49%
Second Best
Healthcare Medical
$400.8K
$350.7K – $467.7K
NOI $28,059 @ 7.0% cap · market cap 6.24%
Theoretical Best
Office A
$577.5K
$505.3K – $673.8K
NOI $40,427 @ 7.0% cap · market cap 8.98%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,027
Businesses Nearby
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Business Placement
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
$488,300
Median Home Value
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Market
Average Price Trend$/SF for Office Units in DuPage County, IL
Properties on Market for Office Units in DuPage County
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - A conference room, kitchen and eating area, and reconfigurable cubicles support day-to-day office operations.
Where is this office unit located?
The property is located at 7045 Veterans Boulevard Burr Ridge, IL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 2,118‑square‑foot office space in Burr Ridge; Conference room, kitchen, and eating area; Reconfigurable cubicles; conference room and one office furnished
