2625 Butterfield RdOak Brook, IL 60523

  • Office properties
  • 234,097 SF
For Lease

Property Details for 2625 Butterfield Rd

Year built
1973
Lot size
10.00 AC
Property size (Sq ft)
234,097 SF
Zone code
C
Property type
Office properties
Property subtype
Office buildings
APN
06-28-202-017
APU
628202017

Description

This Class A office building at 2625 Butterfield Road in Oak Brook, Illinois, offers a variety of flexible spaces ideal for businesses of all sizes. The property, known as 26 Twenty Five, has recently undergone a complete renovation, resulting in a modern and appealing workspace. The building caters to diverse needs, accommodating traditional office layouts, medical practices, executive suites, coworking setups, and creative office environments. Multiple tenancy options are available. Tenants will enjoy access to a newly constructed conference center, a state-of-the-art fitness center, and a full-service deli, all included within the building. The renovated common areas provide ample public spaces for employees to relax and collaborate. Located in the heart of Oak Brook, this property benefits from its proximity to Oakbrook Center and Yorktown Center, offering convenient access to a wide array of dining and retail options. The lease rate is a competitive $20.50 per square foot on a modified gross basis, making 26 Twenty Five an exceptional value for a fully-amenitized office building in this desirable location. The zip code is 60523.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $70,467,064
    6.5%
    $65,046,520
    7%
    $60,400,340
  • Comparable approach

    Method
    Valuation
    Relative Method
    $30,491,134
    Geo Method
    $30,491,134
  • Alternative Use

    Use
    Valuation
    Residential
    $80,657,688
    Hospitality
    $73,882,008
    Educational
    $61,468,964
    Medical
    $63,582,976
    Retail
    $95,618,384
2625 Butterfield Rd, Oak Brook, Illinois
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Location Insight

City
Oak Brook
County
Dupage
State
Illinois
Latitude
41.844
Longitude
-87.9846
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
$341,195
$3,283,880
$3,348,870
$6,632,750
-
$9,851,640
$10,046,610
$19,898,250

FAQs

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