Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    260 E Army Trail Rd Bartlett, IL 60103

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $20 SF/Yr ($2,750 /Mo)

    Office space for rent, convenient location near school.

    Property size:
    1,650 SF
    Lot size:
    1.69 Acres

    Property Features for 260 E Army Trail Rd

    General Information

    Size
    1,650 SF
    Lot size
    1.69 Acres

    We can help!

    Listing Contact
    Grant Bollman
    Source: Moodyscre

    Listing Agent: Grant Bollman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Office Space Near Elementary School

    This 1,650 square foot office space is available for rent. The property offers 4/1,000 parking spaces. It is located across the street from Spring Trail Elementary School and is 8.6 miles from the I-355 interchange.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Brett Rappenecker Chiropractor Bandel & Co Consulting Certified Public Accountant Hair By Katie Hair Salon Joshua Younce Chiropractor Instyle Salon & Spa ... Beauty Salon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Bartlett
    County
    Cook
    State
    Illinois
    Longitude
    -88.173311
    Latitude
    41.943641

    Nearby Similar for Lease

    • Contact for pricing

      Retail Space in Downtown Bartlett

      Versatile retail space in high-traffic area, flexible lease terms.
      338 Main St, Bartlett, IL 60103
      View Details
    • Contact for pricing
      5,200 SF

      Prime Retail Space in Bartlett

      Retail/restaurant space available in a busy Bartlett center.
      850-892 Illinois Rte, Bartlett, IL
      View Details
    • $16 SF/Yr
      1,200 SF

      Restaurant Space Near Metra Station

      Remodeled restaurant space in downtown Bartlett near Metra station.
      233 S Main St, Bartlett, IL 60103
      View Details
    • $2,500 /Mo

      Renovated Condo in Hearthwood Farms

      Recently renovated 2-bedroom condo with modern amenities and community access.
      665 Thorntree Ct, Bartlett, IL 60103
      View Details
    • Contact for pricing
      49,000 SF

      Warehouse, Distribution, Truck Parking Available

      Warehouse, distribution, and truck parking spaces for lease.
      305-323 Miles Pkwy, Bartlett, IL 60103
      View Details
    • Contact for pricing
      82,732 SF

      Bartlett Commons: Retail Outlots

      Prime Bartlett location, build-to-suit options.
      810 Illinois Rte 59, Bartlett, IL 60103
      View Details
    • $10 SF/Yr
      20,500 SF

      Devon Prospect Plaza: Bartlett Retail Space

      Prime Bartlett storefront, multiple suites available.
      355 Prospect Ave, Bartlett, IL 60103
      View Details
    • $20 SF/Yr
      5,000 SF

      Retail Center at Key Intersection

      Retail space available in a prominent, well-tenanted shopping center.
      810-892 Illinois Rte, Bartlett, IL
      View Details
    • Contact for pricing
      166,573 SF

      Bartlett Warehouse Space Available

      166,573 SF warehouse space available for lease.
      Il-25 & Kenyon Rd, Bartlett, IL
      View Details
    • Contact for pricing
      2,537 SF

      Retail Spaces Available For Lease

      Retail spaces available in busy shopping center.
      799-891 S Illinois Rte, Bartlett, IL 60103
      View Details
    • Contact for pricing
      166,573 SF

      New Industrial Building in Bartlett

      166,573 SF industrial building divisible to 50,000 SF.
      2305-2325 Kenyon Rd, Bartlett, IL 60103
      View Details
    • $2,500 /Mo
      210 SF

      Private Office with Truck Parking

      210 SF office space with included truck parking.
      365-399 Miles Pkwy, Bartlett, IL
      View Details

    FAQs

    What type of property is this?
    Office space - Office space for rent, convenient location near school.
    Where is this office space located?
    The property is located at 260 E Army Trail Rd Bartlett, IL.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - 4/1,000 parking spaces; - Across the street from Spring Trail Elementary School; - 8.6 miles from I-355 interchange
    (708) 420-9996
    Request Owner's contact information
    260 E Army Trail Rd Bartlett, IL 60103
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    260 E Army Trail Rd
    Bartlett, IL 60103
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    260 E Army Trail Rd Bartlett, IL 60103
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Grant Bollman
    (708) 420-9996
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.