Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    800-1000 Royce Blvd Oakbrook Terrace, IL 60181

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    800-1000 Royce Blvd Oakbrook Terrace, IL 60181

    View on Map
    • Office properties & Spaces
    • 100,653 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office properties & Spaces

    Property Details for 800-1000 Royce Blvd

    Property size
    100,653 SF
    Property type
    Office properties & Spaces

    Description

    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.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Oakbrook Terrace
    County
    Dupage
    State
    Illinois
    Longitude
    -87.9831
    Latitude
    41.8491

    Comparable in this City

    • Value Estimation by Request

      1S660 Midwest Rd

      Medical Office Space
      1S660 Midwest Rd, Oakbrook Terrace, IL 60181
      View Details
    • Value Estimation by Request
      317,529 SF

      18W140 Butterfield Rd

      Office properties & Spaces • 317,529 SF
      18W140 Butterfield Rd, Oakbrook Terrace, IL 60181
      View Details
    • Value Estimation by Request
      19,363 SF

      18 140 Butterfield Rd

      Office Units • 19,363 SF
      18 140 Butterfield Rd, Oakbrook Terrace, IL 60181
      View Details
    • Value Estimation by Request
      13,000 SF

      17W602- 14Th St

      Individual retail properties • 13,000 SF
      17W602- 14Th St, Oakbrook Terrace, IL 60181
      View Details
    • Value Estimation by Request
      29,233 SF

      17W662 Butterfield Rd

      Office properties & Spaces • 29,233 SF
      17W662 Butterfield Rd, Oakbrook Terrace, IL 60181
      View Details
    • Value Estimation by Request

      17W240 22Nd St

      Office Units
      17W240 22Nd St, Oakbrook Terrace, IL 60181
      View Details

    Similar Nearby for Sale

    • $1,099,000
      6,755 SF

      Oak Brook Terrace Office Space

      6700+ sqft office space in Oak Brook Terrace.
      1 Transam Plaza Dr, Oakbrook Terrace, IL 60181
      View Details
    • Contact for pricing

      Office Space in Brittany Tower

      Office suites with ample parking, near shopping and expressways.
      17W662 Butterfield Rd, Oakbrook Terrace, IL 60181
      View Details
    • Contact for pricing

      Ten-Story Office Building For Sale

      232,052 RSF office building with abundant natural light.
      1815 South Meyers Rd, Oakbrook Terrace, IL 60181
      View Details
    • $8,740,000

      Oakbrook Terrace Redevelopment Opportunity

      Prime location suitable for multifamily, retail, or restaurant redevelopment.
      800-1000 Royce Blvd, Oakbrook Terrace, IL 60181
      View Details
    • $449,900
      2,000 SF

      Oakbrook Terrace Commercial Building

      Commercial building in thriving business district with expressway access.
      1S221 Summit Ave, Oakbrook Terrace, IL 60181
      View Details
    • Contact for pricing
      10,200 SF

      Renovated Office Building For Sale

      Freestanding, renovated office building with redevelopment potential in Villa Park.
      707 N Iowa Ave, Villa Park, IL 60181
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Comar Centre I Office Space

      Office space for lease near Oakbrook Center and major interstates.
      1S660 Midwest Rd, Oakbrook Terrace, IL 60181
      View Details
    • Contact for pricing
      5,961 SF

      Oakbrook Terrace Office Space Available

      Office space for rent with on-site amenities and parking.
      17W110 22Nd St, Oakbrook Terrace, IL 60181
      View Details
    • Contact for pricing
      2,611 SF

      Mixed-Use Property in Villa Park

      Retail and office spaces available in Villa Park, Illinois.
      27 East Park Blvd, Villa Park, IL 60181
      View Details
    • Contact for pricing

      Villa Park Flex Industrial Warehouse

      Flex industrial warehouse with office space for rent.
      27 E Park Blvd, Villa Park, IL 60181
      View Details
    • Contact for pricing

      Oakbrook Terrace Office Space Available

      Class A office building near Oakbrook Center and major interstates.
      635 Butterfield Rd, Oakbrook Terrace, IL 60181
      View Details
    • Contact for pricing

      Summit Plaza Retail/Medical Space

      Retail/Medical space in Summit Plaza, Oakbrook Terrace, near Roosevelt Rd.
      17W602- 14Th St, Oakbrook Terrace, IL 60181
      View Details
    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.
    800-1000 Royce Blvd
    Oakbrook Terrace, IL 60181
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!