850 W Bartlett Road Bartlett, IL 60103
Well-maintained 20-unit office building with only one vacant suite and a mix of private offices, conference rooms, and open workspace.
- Added:
- Feb 24, 2026
- Days on Market:
- 137
- Last Refresh:
- Jul 10 at 3:32 am
Property Features for 850 W Bartlett Road
General Information
- Standard status
- Active
- Size
- 9,496 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1979
Listing office Premier Commercial Realty (847) 854-2300
Listing date Feb 24, 2026
Source Birdrealtysells
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Investment Insights
Based on property information with market context.
Additional details provided include easy accessibility and ample on-site parking. For a complete financial overview and rent roll, please call for information.
Key Highlights
- 20‑unit office building totaling 9,496 SF, built in 1979
- Strong occupancy with only 1 vacant suite (250 SF)
- Tenant‑ready layout includes private offices, conference rooms, and open workspaces
Local 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 | $232.5k | $24.48 |
| − Vacancy | −$57.9k | −$6.10 |
| EGI | $174.6k | $18.38 |
| − OpEx | −$43.6k | −$4.60 |
| NOI | $130.9k | $13.79 |
