Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Warrenville Office Space for Sale Title is generated by Realmo AI

    4200 Cantera Drive, Warrenville, IL 60555

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Office suite with Class A finishes and convenient highway access.

    Type:Office
    Property size:
    1,689 SF
    Price / SF:
    $384/SF
    Added:
    Oct 30, 2024
    Days on Market:
    585
    Last Refresh:
    May 13 at 8:24 pm

    Property Features for 4200 Cantera Drive

    General Information

    Standard status
    Active
    Size
    1,689 SF
    Property subtype
    Office

    Building Details

    Year Built
    2007

    We can help!

    Listing Contact
    Angela Wing

    Listing agent Angela Wing License #IL475.202605

    Listing office Versa Real Estate Services

    Listing date Oct 30, 2024

    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 Versa Real Estate Services

    HighLights

    • Ideally situated in close proximity to several suburban downtown areas.
    • Easy access to I‑88.
    • Numerous fast serve and fine dining restaurants in immediate vicinity.
    • Class A finishes throughout the common areas.
    • Built in 2007.
    • Located at 4200 Cantera Drive Suite 217 in Warrenville, Illinois.

    Overview

    Located at 4200 Cantera Drive Suite 217 in Warrenville, Illinois, this office space offers convenient access to I-88 and proximity to several suburban downtown areas. The property is also situated near numerous fast-serve and fine dining restaurants. The suite features Class A finishes throughout the common areas. The property contains 1689 square feet and is suitable for commercial real estate use.
    Location Intelligence

    Current Use by Public Records

    Metropolitan Lumber Company Big Box & Wholesale Store Recovery Management Services ... Business Management Consultant Third Millennium Associates ... Business Management Consultant IT Associates, Inc. Employment Agency Alia MedFlight: Worldwide ... Ambulance Service

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Warrenville
    County
    DuPage
    State
    Illinois
    Longitude
    -88.1582233
    Latitude
    41.8108676

    Nearby Similar for Sale

    • $2,690,000
      10,354 SF

      Retail Building in Cantera Trade

      10,354 SF building on 1.6 acre pad.
      Diehl Rd, Warrenville, IL
      View Details
    • $16
      152,520 SF

      Class A Office in Warrenville

      Class A office space with frontage on I-88 in Warrenville.
      4320 Winfield Road, Warrenville, IL 60555
      View Details
    • Contact for pricing
      44,296 SF

      Versatile Commercial Space with Offices

      Adaptable commercial property featuring offices, conference rooms, and loading docks.
      27755 Diehl Rd, Warrenville, IL 60555
      View Details
    • $565,000
      3,225 SF

      Contemporary Office Unit For Sale

      Finished office unit near Cantera shopping, restaurants, and I-88.
      28377 Davis Parkway 607, Warrenville, IL 60555
      View Details
    • $545,000
      2,777 SF

      Cantera Lakes Office Condo For Sale

      Efficient office condo with pond/forest views, near I-88.
      28377 Davis Parkway, Warrenville, IL 60555
      View Details
    • $20
      60,000 SF

      Cantera Pointe Office Space

      Office space for lease in Cantera Business Park.
      4355 Weaver Parkway, Warrenville, IL 60555
      View Details
    • $337,800

      Warrenville Office Suite For Sale

      Office suite for sale in Warrenville, Illinois, near I-88.
      4200 Cantera Drive, warrenville, il, usa, Warrenville, IL 60555
      View Details
    • $173,700
      1,121 SF

      Office Space For Sale

      Office space available for purchase.
      28369 Davis Parkway, Suite 403, Warrenville, IL 60555
      View Details

    FAQs

    What type of property is this?
    Office units - Office suite with Class A finishes and convenient highway access.
    Where is this office units located?
    The property is located at 4200 Cantera Drive Warrenville, IL.
    What is the asking price?
    The asking price for this property is $648,900.
    What are key features of this property?
    This property features: Ideally situated in close proximity to several suburban downtown areas.; Easy access to I‑88.; Numerous fast serve and fine dining restaurants in immediate vicinity.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Angela Wing
    Real Estate License ID: IL475.202605
    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
    4200 Cantera Drive, Warrenville, IL 60555
    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!