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    OFF-MARKET
    Land

    17 Butterfield Rd, Oakbrook Terrace, IL 60181

    Property ID
    Property summary
    AI-generated overview

    This exceptional 40,511 square foot commercial land parcel presents a remarkable investment opportunity in the highly sought-after Oak Brook Terrace, Illinois. Located at 17W632 Butterfield Road (APN: 06-22-300-025), this property is zoned B3-General Retail, offering a wide range of development possibilities. Situated in the heart of Oak Brook's vibrant commercial and employment corridor, the land boasts excellent visibility and accessibility. The property features frontage along Summit Avenue, adding to its strategic location. High traffic counts are a significant advantage, with 25,300 vehicles daily on Butterfield Road and 13,900 on Summit Avenue. The absence of on-site detention requirements simplifies development plans. Build-to-suit options may be considered. Annual property taxes are $12,878. The asking price for this exceptional property is $600,000. This is a rare opportunity to acquire a prime commercial land parcel in a thriving location. Contact us today for further details and to explore the potential of this outstanding investment.

    Property profile
    Verified
    Property type Land
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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