2001 Midwest Rd Oak Brook, IL 60523
- Office buildings
- 49,804 SF
- 1.89 lot acres
Current Use by Public Records
- International Video / Video Production Service
- Digital Realm Inc / Video Production Service
- michaels, ross & cole, ltd (mrc) / Software Company
- The Self Empowerment Center / Psychologist / Service Establishment
- Fournier Law Firm, Ltd. / Real Estate Attorney / Estate Planning Attorney
Property Details for 2001 Midwest Rd
- Year built
- 1980
- Lot size
- 1.89 lot acres
- Property size
- 49,804 SF
- Zone code
- C
- Property type
- Office buildings
- APN
- 06-22-303-039
- APU
- 622303039
Description
This exceptional three-story office building at 2001 Midwest Road in Oak Brook, Illinois, offers a variety of flexible office spaces to suit diverse business needs. The building totals 47,671 square feet and is classified as Class B. Multiple tenancy options are available, with spaces ranging from a minimum of 1,040 square feet to a maximum contiguous space of 4,774 square feet. Currently, 12,463 square feet of space is vacant and ready for immediate occupancy. The building's convenient location on Midwest Road, between 22nd Street and Butterfield Road, provides easy access to major interstate highways. A significant advantage is the presence of a large conference room, ideal for corporate training sessions or other large gatherings. The surrounding area boasts a wide selection of dining options, including both fast-casual and full-service restaurants, catering to the convenience of tenants and their employees. This property presents a compelling opportunity for businesses seeking a well-located, functional, and adaptable office space in the thriving Oak Brook market. The zip code is 60523.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $985,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $865,000
- 6.5%
- $975,000
- 7%
- $830,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $860,000
- Geo Method
- $940,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $845,000
- Retail
- $765,000
- Mixed-Use
- $990,000
- Hospitality
- $850,000
- Educational
- $820,000
- Residential Income
- $875,000
- Energy
- $865,000
- Income-Based Land
- $945,000
- Food Service
- $915,000
Location Insight
- Map
- Local Demand
- City
- Oak Brook
- County
- Dupage
- State
- Illinois
- Longitude
- -87.9717
- Latitude
- 41.8497
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA