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    1400 16Th St Oak Brook, IL 60523

    Sponsored
    For Lease
    Contact for pricing

    Class A Office, 19,538 SF Available

    Lot size:
    70,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A office building in Oak Brook, Illinois, offers 19,538 square feet of immediately available space, divisible to a minimum of 3,500 square feet and up to a contiguous 16,038 square feet. Located at 1400 16th Street, this three-story building, constructed in 1991, sits on 5.17 acres and boasts 70,000 total square feet. The property features two passenger elevators, 296 parking spaces (with reserved options available), and 24-hour key-card access. Building amenities include a 100-person conference facility, ample storage, a dining room with vending machines, and a recently renovated fitness center. The building is owner-occupied, ensuring responsive on-site management and engineering support. Its prime location offers easy access to major transportation arteries, including the Route 83 and I-88 interchange (3 minutes away), and proximity to the Oakbrook Center Regional Mall. The property is zoned B-2 Oak Brook (APN: 60-23-102-025, 06-23-102-034). A portion of the available space (16,038 square feet) is fully furnished. This presents a unique opportunity for businesses seeking a high-quality, well-amenitized office space in a highly desirable location.

    Property Features for 1400 16Th St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    70,000 SF
    Class
    A

    Building Details

    Year Built
    1991
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    Available Space 3 - 16,038 SF
    Size
    16,038 SF
    Space
    Available Space 1 - 3,500
    Size
    3,500 SF

    HighLights

    • 19,538 SF of Class A office space immediately available in Oak Brook, IL, divisible to 3,500 SF.
    • Three‑story building (70,000 total SF) on 5.17 acres at 1400 16th Street, built in 1991.
    • Features two elevators, 296 parking spaces (reserved spaces available), and 24‑hour key‑card access.
    • Amenities include a 100‑person conference facility, fitness center, and on‑site dining.
    • Owner‑occupied building with responsive management and engineering support; prime location near Route 83/I‑88 interchange and Oakbrook Center.
    • 16,038 SF of fully furnished space available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Fifth Third Mortgage ... Mortgage Lender Fifth Third Securities ... Financial Planner Fifth Third Private ... Financial Planner Fifth Third Private ... Financial Planner Rana Meal Solutions Food Manufacturer

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Law Firm Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oak Brook
    County
    Cook
    State
    Illinois
    Longitude
    -87.954
    Latitude
    41.85484419

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    FAQs

    What type of property is this?
    Office Property / Space - Class A Office, 19,538 SF Available
    Where is this office property / space located?
    The property is located at 1400 16Th St Oak Brook, IL.
    What are key features of this property?
    This property features: 19,538 SF of Class A office space immediately available in Oak Brook, IL, divisible to 3,500 SF.; Three-story building (70,000 total SF) on 5.17 acres at 1400 16th Street, built in 1991.; Features two elevators, 296 parking spaces (reserved spaces available), and 24-hour key-card access.
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    1400 16Th St Oak Brook, IL 60523
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    Oak Brook, IL 60523
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    Realmo Value Estimation

    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.

    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.

    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
    1400 16Th St Oak Brook, IL 60523
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