Property profile

17 Butterfield Rd Oakbrook Terrace, IL 60181

OFF-MARKET
Land
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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

Location

17 Butterfield Rd Oakbrook Terrace, IL 60181
Oakbrook Terrace metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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