Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Four-Story Office Building For Rent Title is generated by Realmo AI

    900 Oakmont Ln, Westmont, IL 60559

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    74,279 square foot office building in prominent Eastern E-W Corridor.

    Type:Office
    Property size:
    74,279 SF
    Added:
    Mar 29, 2022
    Days on Market:
    1515
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 900 Oakmont Ln

    General Information

    Standard status
    Active
    Size
    74,279 SF
    Property subtype
    Office

    Spaces For Lease

    at 900 Oakmont Ln Contact us

    Suite 308 $24/Mo

    Size
    1,946 SF
    Type
    Office
    Spec Suite
    Contact us

    Suite 420 $20/Mo

    Size
    1,833 SF
    Type
    Office
    Contact us

    We can help!

    Listing Contact
    Patrick Kiefer

    Listing agent Patrick Kiefer License #IL 475124412

    Listing office NAI Hiffman

    Listing date Mar 29, 2022

    Source Crexi

    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 NAI Hiffman

    HighLights

    • Prominent location in the Eastern E‑W Corridor.
    • Recent renovations including lobby refresh, common corridors, mechanical equipment, elevator cabs, and parking lot.
    • Excellent accessibility via Route 83.
    • Total building size of 74,279 square feet.
    • Building conference room.
    • Tenant break room / lounge.

    Overview

    Oakmont Corporate Centre is a 4-story office building totaling 74,279 square feet located in the Eastern E-W Corridor. The property features a tenant break room/lounge and a building conference room. Accessibility is enhanced via Route 83. The building's lobby has been refreshed with new lighting and contemporary finishes. Renovations completed in recent years include updates to common corridors, mechanical equipment, elevator cabs, and parking lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Helm Mechanical General Contractor Progresa Health Systems Home Health Care Service The Offices at Oakmont Real Estate Agency Just Energy Electric Utility Company Black & Veatch Engineer

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Westmont
    County
    DuPage
    State
    Illinois
    Longitude
    -87.9545483
    Latitude
    41.8209366

    Nearby Similar for Lease

    • Contact for pricing
      1,050 SF

      Westmont Office Unit For Rent

      Single-story office unit in Westmont, Illinois, suitable for various businesses.
      414 Plaza Drive, Westmont, IL 60559
      View Details
    • Sponsored
      $129-$4,340/Mo
      11-1,292 SF

      IL, Westmont - Oakmont Plaza Drive

      999 Oakmont Plaza Dr, Unit 600, Westmont, IL 60559
      View Details
    • Contact for pricing
      117,900 SF

      Four-Story Office Building For Rent

      117,900 SF office building with atrium, conference center, deli.
      601 Oakmont Ln, Westmont, IL 60559
      View Details
    • $14 SF/Yr

      Single-Story Office/Flex Suites For Rent

      Office/flex suites with private entries and tenant-controlled HVAC.
      777 Oakmont Lane, Westmont, IL 60559
      View Details
    • $13 SF/Yr
      6,274 SF

      Westmont Office Space For Rent

      6,274 SF office space available for rent in Westmont, IL.
      760 Pasquinelli Dr, Westmont, IL
      View Details
    • Contact for pricing
      1,398 SF

      Westmont Office Space Available

      Office space available for rent in Westmont, Illinois.
      825 N Cass Ave, Westmont, IL 60559
      View Details
    • $14 SF/Yr
      6,798 SF

      Westmont Office Space For Rent

      Office suites available with private entrances and 24-hour access.
      710-815 Quail Ridge Dr, Westmont, IL
      View Details
    • Contact for pricing

      Single-Story Office/Flex Space Available

      Office/flex buildings with private entries and tenant-controlled HVAC.
      1111 Pasquinelli Dr | Westmont, IL 60559
      View Details
    • Contact for pricing
      3,549 SF

      Westmont Commercial Space Available

      Commercial space available for rent in Westmont, Illinois.
      772-816 Burr Oak Dr, Westmont, IL 60559
      View Details
    • $22 SF/Yr
      100,000 SF

      Westmont Industrial Flex Space Available

      Industrial flex space with loading docks and HVAC for lease.
      701 Oakmont Lane, Westmont, IL, 60559
      View Details
    • Contact for pricing
      52,000 SF

      Industrial Warehouse Facility in Westmont

      52,000 SF industrial warehouse with office space for lease.
      825 Blackhawk Dr | Westmont, IL 60559
      View Details
    • Contact for pricing

      Commercial Space in Westmont Plaza

      Commercial space available for rent in Westmont, Illinois.
      2-44 Plaza Dr, Westmont, IL 60559
      View Details

    FAQs

    What type of property is this?
    Office building - 74,279 square foot office building in prominent Eastern E-W Corridor.
    Where is this office building located?
    The property is located at 900 Oakmont Ln Westmont, IL.
    What are key features of this property?
    This property features: Prominent location in the Eastern E‑W Corridor.; Recent renovations including lobby refresh, common corridors, mechanical equipment, elevator cabs, and parking lot.; Excellent accessibility via Route 83.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Patrick Kiefer
    Real Estate License ID: IL 475124412
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    900 Oakmont Ln, Westmont, IL 60559
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!