Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    2115 Butterfield Rd Oak Brook, IL 60523

    • Office buildings
    • 50,422 SF
    • 2.28 lot acres
    For Sale
    View listing
    $5,650,000
    Value Estimation
    Last Sale
    Jul 07, 2022
    $4,050,000
    Location Intelligence
    Property ID
    US28-5719272
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Q-Tech Communications / Business To Business Service

    Property Details for 2115 Butterfield Rd

    Year built
    1979
    Lot size
    2.28 lot acres
    Property size
    50,422 SF
    Zone code
    C
    Property type
    Office buildings
    APN
    06-22-303-003
    APU
    622303003

    Description

    This exceptional three-story office building, located at 2115 Butterfield Road in Oak Brook, Illinois, presents a compelling investment opportunity. Boasting a total of 50,564 square feet of net rentable space, this property is zoned B-3 and offers flexible floor plans ideal for a variety of businesses. Built in 1980 and extensively renovated in 2023, the building benefits from a wealth of recent upgrades. These include a brand-new roof, a completely updated HVAC system, modern exterior sliding doors, and touchless restrooms for enhanced hygiene and convenience. Safety and security are prioritized with a newly installed fire alarm monitoring system. Common areas have also undergone recent upgrades, reflecting a commitment to maintaining a high-quality environment. The building is equipped with fiber internet access for high-speed connectivity and features redundant power sources along with a backup generator to ensure uninterrupted operations. The asking price is $5,650,000, translating to $111.74 per square foot. This centrally located property in DuPage County, zip code 60523, offers an unparalleled combination of modern amenities and a prime location in the thriving Oak Brook market. This is a rare opportunity to acquire a fully modernized, high-performing office building.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,705,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,290,000
      6.5%
      $4,215,000
      7%
      $4,430,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,890,000
      Geo Method
      $3,895,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,785,000
      Retail
      $4,240,000
      Mixed-Use
      $4,195,000
      Hospitality
      $4,000,000
      Educational
      $4,070,000
      Residential Income
      $4,735,000
      Energy
      $4,195,000
      Income-Based Land
      $3,680,000
      Food Service
      $4,330,000

    Location Insight

    • Map
    • Local Demand
    City
    Oak Brook
    County
    Dupage
    State
    Illinois
    Longitude
    -87.9715
    Latitude
    41.8508
    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
    $84,098
    $594,510
    $1,255,580
    $1,850,090
    -
    $1,783,530
    $3,766,740
    $5,550,270

    Comparable in this City

    • Value Estimation by Request
      111,306 SF

      2715 Jorie Blvd

      OFFICE BUILDING • 111,306 SF
      2715 Jorie Blvd, Oak Brook, IL 60523-2160
      View Details
    • Value Estimation by Request
      142,352 SF

      900 Jorie Blvd

      OFFICE BUILDING • 142,352 SF
      900 Jorie Blvd, Oak Brook, IL 60523-2213
      View Details
    • Value Estimation by Request
      442,326 SF

      1415 22nd St

      OFFICE BUILDING • 442,326 SF
      1415 22nd St, Oak Brook, IL 60523-2074
      View Details
    • Value Estimation by Request
      205,536 SF

      800 Jorie Blvd

      OFFICE BUILDING • 205,536 SF
      800 Jorie Blvd, Oak Brook, IL 60523-2296
      View Details
    • Value Estimation
      $470,000
      1,113 SF

      1st Smt Avee-1

      OFFICE BUILDING • 1,113 SF
      1st Smt Avee-1, Oak Brook, IL 60523
      View Details
    • Value Estimation
      $450,000
      1,089 SF

      1st Smt Avee-4

      OFFICE BUILDING • 1,089 SF
      1st Smt Avee-4, Oak Brook, IL 60523
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      58,010 SF

      Renovated Office Building Near I-88

      Three-story office building with open floor plans and ample parking.
      2100 Swift Dr, Oak Brook, IL 60523
      View Details
    • Contact for pricing
      50,487 SF

      Oak Brook Multi-Tenant Office Building

      Three-story office building in Oak Brook with renovated common areas.
      2907 Butterfield Rd, Oak Brook, IL 60523
      View Details
    • Contact for pricing
      33,000 SF

      Redevelopment Opportunity in Oak Brook

      High visibility location with easy expressway access in Oak Brook.
      715 Enterprise Dr, Oak Brook, IL 60523
      View Details
    • Contact for pricing
      58,010 SF

      Oak Brook Office Building Investment

      58,010 SF Office, Ample Parking, Excellent Location
      2100 Swift Dr, Oak Brook, IL 60523
      View Details
    • $5,650,000
      50,564 SF

      Midwest Plaza North: Oak Brook Office

      Modern Oak Brook office building, 50,564 SF, $5.65M.
      2115 Butterfield Rd, Oak Brook, IL 60523
      View Details
    • Contact for pricing
      72,241 SF

      Oak Brook Premier Office Space

      Furnished office space with amenities and convenient highway access.
      903 Commerce Dr, Oak Brook, IL 60523
      View Details

    Similar Nearby for Lease

    • $17 SF/Yr
      36,720 SF

      Modernist Office Building in Oak Brook

      Unique office building with prominent signage and flexible floorplan.
      2200 Kensington Ct, Oak Brook, IL 60523
      View Details
    • $15 SF/Yr
      3,100 SF

      Oak Brook Two-Story Office Building

      27,498 SF office building with suites from 500-3,100 SF.
      2210 Midwest Rd, Oak Brook, IL 60523
      View Details
    • Contact for pricing
      203,000 SF

      Prestigious Suburban Chicago Office Space

      Premier office building with excellent access and amenities.
      1999 York Rd, Oak Brook, IL 60523
      View Details
    • Contact for pricing
      17,749 SF

      Prime Oak Brook Office Space

      Conveniently located office space with easy access and ample parking.
      1111 W 22Nd St, Oak Brook, IL 60523
      View Details
    • $17 SF/Yr
      36,720 SF

      Modernist Office Building For Rent

      Unique office building with flexible floorplan and prominent signage.
      2222 Kensington Ct, Oak Brook, IL 60523
      View Details
    • $23 SF/Yr
      220,860 SF

      Oak Brook Office Space Available

      Class A Office Suites, Oak Brook, IL
      1415 22Nd St, Oak Brook, IL 60523
      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.
    2115 Butterfield Rd
    Oak Brook, IL 60523
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.