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    7075 Veterans Boulevard Burr Ridge, IL 60527

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    Lower level bio-skills lab with specialized infrastructure and utilities.

    Type:Office
    Property size:
    38,922 SF
    Added:
    Nov 21, 2025
    Days on Market:
    131
    Last Refresh:
    Mar 29 at 10:28 pm

    Property Features for 7075 Veterans Boulevard

    General Information

    Standard status
    Active
    Size
    38,922 SF
    Property subtype
    Office

    Properties For Sale

    at 7075 Veterans Boulevard Contact us

    We can help!

    Listing Contact
    Dan O'Neill

    Listing agent Dan O'Neill

    Listing office

    Listing date Nov 21, 2025

    Source Naiglobal

    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 Dan O'Neill

    Overview

    Burr Ridge Bio-Skills Lab Space

    Located on the lower level of a 38,922 square foot single-story building, this bio-skills lab space features specialized infrastructure. The space includes up to 15 workstations, a cooler for storage, a clean room, a dirty room, an observation room, and an A/V lab. Dedicated restrooms are available, complete with a full shower and locker room. The property is equipped with a high-pressure steam boiler for sterilization and a vacuum system for suction. It has a 16-foot clear height with a 9-foot finished ceiling. Power is supplied by a pad-mounted transformer providing 1600A/480V, 3Ph/4-W main service. Redundancy is ensured with two large battery back-up units and a 400kW diesel-powered back-up generator, supported by an 800-gallon above-ground fuel tank. Vertical transportation is facilitated by a 3,000 lb hydraulic elevator. The property includes one exterior dock with a leveler, providing elevator access to the lower level. The location is immediately off I-55 at the County Line Road 4-way interchange, west of County Line Road.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Similar Places Nearby

    • Chicago Veterinary Medical Foundation — 100 tower dr #234, burr ridge, il 60527
    • Harvester Veterinary Hospital of Burr Ridge — 807 Village Center Dr, Burr Ridge, IL 60527

    Map

    City
    Burr Ridge
    County
    DuPage
    State
    Illinois
    Longitude
    -87.9282
    Latitude
    41.755

    FAQs

    What type of property is this?
    Medical Office Space - Lower level bio-skills lab with specialized infrastructure and utilities.
    Where is this medical office space located?
    The property is located at 7075 Veterans Boulevard Burr Ridge, IL.
    What are key features of this property?
    This property features: Bio‑Skills lab space with up to 15 workstations.; Benefit from a redundant power supply: 2 large battery back‑up units, plus a 400kw diesel powered back‑up generator with an 800‑gallon above‑ground fuel tank.; High‑pressure steam boiler for sterilization and vacuum system for suction.
    (630) 691-0610
    We can help!
    Listing Contact
    Dan O'Neill
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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