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    800-1000 Royce Blvd Oakbrook Terrace, IL 60181

    For Sale
    $8,740,000

    Oakbrook Terrace, IL Investment Opportunity

    Property size:
    100,653 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Oakbrook Terrace, IL office complex, located at 800-1000 Royce Boulevard, presents a compelling investment opportunity. The property encompasses 100,653 square feet across two, three-story buildings, offering a spacious and well-equipped workspace. Priced at $8,740,000 ($86.83/sq ft), this owner/user investment features a striking atrium, abundant natural light, and a modern design. The buildings boast elevators, a loading dock, and conveniently located bathrooms on all three floors. A sophisticated climate control system, including a zoned heat pump system, ensures individual temperature regulation. The property also includes a private parking garage beneath the buildings, supplementing the ample 215 surface parking spaces and 61 heated, covered spaces (a total of 276 spaces, or 276 spaces per 1,000 sq ft). The exterior features a distinctive sloping tile roof in terra cotta tones. Owner financing is available. This property is ideally situated in Oakbrook Terrace, IL, zip code 60181. The property's combination of size, amenities, and location makes it an attractive proposition for discerning investors and businesses seeking a premium office space.

    Property Features for 800-1000 Royce Blvd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    100,653 SF

    Building Details

    Buildings
    2
    Stories
    3

    HighLights

    • Owner financing available.
    • Private parking garage plus ample surface parking.
    • 276 parking spaces: 215 surface and 61 heated, covered spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Dental Office Spa & Massage 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
    Oakbrook Terrace
    County
    Dupage
    State
    Illinois
    Longitude
    -87.983100943326
    Latitude
    41.849134024716

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    FAQs

    What type of property is this?
    Office Property / Space - Oakbrook Terrace, IL Investment Opportunity
    Where is this office property / space located?
    The property is located at 800-1000 Royce Blvd Oakbrook Terrace, IL.
    What is the asking price?
    The asking price for this property is $8,740,000.
    What are key features of this property?
    This property features: Owner financing available.; Private parking garage plus ample surface parking.; 276 parking spaces: 215 surface and 61 heated, covered spaces.
    (630) 317-0729
    Request Owner's contact information
    800-1000 Royce Blvd Oakbrook Terrace, IL 60181
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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
    800-1000 Royce Blvd Oakbrook Terrace, IL 60181
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