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    550 Boughton Rd Bolingbrook, IL 60440

    Sponsored
    For Lease
    $20 SF/Yr

    1,457 SF Available in Class B Building

    Lot size:
    28,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 28,000 square foot, two-story Class B medical office building, located at 550 E Boughton Road in Bolingbrook, Illinois, presents a fantastic opportunity. Built in 1986, the property boasts a single suite currently offering 1,457 square feet of vacant space, ideal for small to mid-sized medical practices. The building is situated in Will County, zip code 60440, and enjoys convenient access to local amenities. The ample parking provides a 4.0 per 1,000 square feet ratio, ensuring convenient parking for patients and staff. The building's multiple tenancy structure offers a diverse and established environment. This property is perfect for a medical practice seeking a well-maintained space in a prime location. The available space provides immediate occupancy potential, allowing for a quick and efficient transition. The building's location in Bolingbrook, Illinois offers easy access to major transportation routes and a thriving community. This is a rare opportunity to secure a well-positioned medical office space in a desirable area. The 1,457 square foot suite is ready for immediate occupancy.

    Property Features for 550 Boughton Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    28,000 SF
    Class
    B
    Total Rate
    46666.67

    Building Details

    Year Built
    1986
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 150
    Size
    1,457 SF
    Rate per SF
    $20

    HighLights

    • Monument signage available.
    • 3.7 miles to Adventist Bolingbrook Hospital.
    • Minutes from Promenade Bolingbrook.
    • Excellent proximity to shopping, restaurants, and hotels.
    • Minutes from I‑355 and I‑55 interchange.
    • Turnkey medical space available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bolingbrook
    County
    Will
    State
    Illinois
    Longitude
    -88.0470827
    Latitude
    41.7200809

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    FAQs

    What type of property is this?
    Medical office - 1,457 SF Available in Class B Building
    Where is this medical office located?
    The property is located at 550 Boughton Rd Bolingbrook, IL.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: Monument signage available.; 3.7 miles to Adventist Bolingbrook Hospital.; Minutes from Promenade Bolingbrook.
    Request Owner's contact information
    550 Boughton Rd Bolingbrook, IL 60440
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    Bolingbrook, IL 60440
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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
    550 Boughton Rd Bolingbrook, IL 60440
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