2100 Manchester RdWheaton, IL 60187

  • Office properties
  • 38,830 SF
For Lease
$10/SF/YR View listing

Property Details for 2100 Manchester Rd

Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.86 AC
Property size (Sq ft)
38,830 SF
Zone code
C
Property type
Office properties
Property subtype
Office buildings
APN
05-18-402-017
APU
518402017

Description

The Grove Office Park, a three-building Class B office complex in Wheaton, IL (60187), offers 103,665 square feet of versatile office space. Located at 2100 Manchester Road, this property boasts 36 unique suites ranging from a minimum of 112 square feet to a maximum contiguous space of 3,515 square feet, with 40,832 square feet currently vacant. Built in 1983, the two-story buildings feature attractive low-rise brick architecture, abundant landscaping, and ample surface parking (3.3 spaces per 1,000 square feet). The property offers convenient access with multiple entrances (15 total), allowing for after-hours use and easy parking. Tenants enjoy separately metered HVAC in most suites, building and tenant directional signage, and on-site property management. Additional amenities include 24-hour secure access, tenant-specific signage, and convenient drop boxes for FedEx, UPS, and USPS. Situated across from the DuPage County Government Center and minutes from downtown Wheaton, this location benefits from nearby commuter bus service and is within the East-West Tollway Corridor submarket. The property is ideal for businesses seeking flexible, well-maintained office space in a desirable location. Currently, there are multiple spaces available for immediate occupancy.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,011,218
    6.5%
    $6,471,893
    7%
    $6,009,615
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,942,145
    Geo Method
    $5,057,608
  • Alternative Use

    Use
    Valuation
    Residential
    $8,025,148
    Hospitality
    $7,350,992
    Educational
    $6,115,939
    Medical
    $6,326,276
    Retail
    $9,513,683
2100 Manchester Rd, Wheaton, Illinois
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Location Insight

City
Wheaton
County
Dupage
State
Illinois
Latitude
41.8637
Longitude
-88.1382
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$50,628
$342,120
$407,040
$749,160
-
$1,026,360
$1,221,120
$2,247,480

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