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Oak Brook Promenade Hotel Site
For Sale
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3001 Butterfield Rd, Oak Brook, IL 60523

Prime hotel site in Oak Brook Promenade near I-88.

Property SizeContact for details
Days on Market1346

Property Features for 3001 Butterfield Rd

General Information

Standard status Active
Property subtype Land
Listing Agency: SVN | Retter & Company
Listed By: Taylor Gibbons · License #WA
Source: Crexi
Added: Feb 21, 2023 Changed: Oct 26 Last Checked: Oct 28 at 8:03AM

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 SVN | Retter & Company

Rey
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Investment Insights

Based on property information with market context.

Located within the Oak Brook Promenade, this site is suitable for hotel development, surrounded by retail, restaurants, and businesses. The location offers visibility from the freeway and convenient access. Situated 19 miles west of Downtown Chicago, the area boasts a Median Family Income of $175,500. The site is positioned along Butterfield Road, a major commercial corridor with high traffic, and has visibility from I-88. The Oak Brook Promenade is anchored by McCormick and Schmick's.

Key Highlights

  • High visibility from I‑88 and location on high‑traffic Butterfield Road.
  • Located in the Oak Brook Promenade, anchored by McCormick and Schmick's.
  • Proximity to retail, restaurants, and businesses.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Building Supply Auto Parts Store Storage Facility Grocery & Convenience Store Barber Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,525
Businesses Nearby

Demographics for 60523, IL

10,347
Population
4,601
Households
2.2
Avg Household Size
57
Median Age
64%
College-Educated
97%
High-School Grad
9.0 sq mi
ZIP Area
1,150
Density / Sq Mi
$114,418
Median Household Income
$85,172
Median Earnings
$776
Median Rent
$733,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Prime hotel site in Oak Brook Promenade near I-88.
Where is this commercial land located?
The property is located at 3001 Butterfield Rd Oak Brook, IL.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: High visibility from I‑88 and location on high‑traffic Butterfield Road.; Located in the Oak Brook Promenade, anchored by McCormick and Schmick's.; Proximity to retail, restaurants, and businesses.
(509) 939-1741 Call to check price and availability
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