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    4970 Varsity Dr Lisle, IL 60532

    For Sale
    Contact for pricing

    24,000 SF Office Building, Ample Parking

    Property size:
    24,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional three-story executive office building, totaling 24,000 square feet, is situated on a 1.6-acre lot in Lisle, Illinois, zip code 60532. Built in 2000, the property boasts a high-end interior and exterior finish, making it ideal for a variety of uses, including office, medical, laboratory, or educational purposes. The building is well-maintained and has undergone consistent upgrades, including a complete chiller AC replacement in 2024 and a new boiler installation. The elevator has been recently upgraded by Schindler. The building features key fob entry, motion-detected LED lighting, and zoned heating and cooling on each floor. Ample parking is provided with 122 spaces, and the parking lot was resurfaced and restriped in 2021. A full basement is present, though not included in the listed square footage. The tile roof carries a 50-year remaining warranty. Conveniently located just five minutes from the Lisle Metra Station, this property offers excellent accessibility and a prime location in DuPage County. This is a rare opportunity to acquire a meticulously maintained and upgraded executive office building with significant long-term value.

    Property Features for 4970 Varsity Dr

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    24,000 SF
    Lot Size
    69,696 SF

    Building Details

    Year Built
    2000
    Stories
    3

    HighLights

    • New chiller installed 2024.
    • New boiler system.
    • Upgraded Schindler elevators.
    • Resurfaced and restriped parking lot (2021).
    • 50‑year remaining roof warranty.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Schuh Jeffrey Engineer Dietzler Christopher Engineer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lisle
    County
    DuPage
    State
    Illinois
    Longitude
    -88.087230057832
    Latitude
    41.794471399652

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    FAQs

    What type of property is this?
    Office Property / Space - 24,000 SF Office Building, Ample Parking
    Where is this office property / space located?
    The property is located at 4970 Varsity Dr Lisle, IL.
    What are key features of this property?
    This property features: New chiller installed 2024.; New boiler system.; Upgraded Schindler elevators.
    Request Owner's contact information
    4970 Varsity Dr Lisle, IL 60532
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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
    4970 Varsity Dr Lisle, IL 60532
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