17 Butterfield Rd, Oakbrook Terrace, IL 60181
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.