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    2805 Butterfield Rd Oak Brook, IL 60523

    • Office buildings
    • 274,991 SF
    • 14.07 lot acres
    For Lease
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US28-1455248
    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

    • Neurohealth Associates / Psychoneurological Specialized Clinic / Psychologist
    • GDF SUEZ Energy Resources NA / Electrical Supply Store / Electric Utility Company
    • Fash Wealth Advisors - Ameriprise Financial Services, LLC / Financial Planner / Investment Service
    • Chris Fash - Private Wealth Advisor, Ameriprise Financial Services, LLC / Financial Planner / Investment Service
    • Lynn Kaufman - Financial Advisor, Ameriprise Financial Services, LLC / Financial Planner / Investment Service

    Property Details for 2805 Butterfield Rd

    Year built
    1978
    Lot size
    14.07 lot acres
    Property size
    274,991 SF
    Zone code
    C
    Property type
    Office buildings
    APN
    06-28-202-020
    APU
    628202020

    Description

    This exceptional 17-acre commercial land parcel presents a remarkable redevelopment opportunity in the highly desirable Oak Brook, Illinois market. Situated at the southeast corner of Butterfield Road and Meyers Road, this property offers unparalleled visibility and accessibility. The site is divisible, allowing for flexibility in development plans to suit various retail needs. Its strategic location provides convenient access to major transportation arteries, including being approximately 30 minutes from downtown Chicago and within 20 minutes of both O'Hare and Midway International Airports. This makes it an ideal location for businesses seeking a strong presence in a thriving commercial hub. The property benefits from its proximity to two major shopping malls: Oakbrook Center, a 2 million square foot mall attracting over 20 million visitors annually, and Yorktown Center, a 1.4 million square foot mall drawing over 8 million visitors yearly. This high-traffic area ensures significant exposure for any development on this prime real estate. Four individual spaces are currently available, making this an attractive option for multiple tenants or a single large-scale project. The address is 2805 Butterfield Rd, Oak Brook, IL 60523.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Oak Brook
    County
    Dupage
    State
    Illinois
    Longitude
    -87.9867
    Latitude
    41.843
    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
    $405,726
    $4,547,650
    $3,339,560
    $7,887,210
    -
    $13,642,950
    $10,018,680
    $23,661,630

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    • 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

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    Oak Brook, IL 60523
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    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
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