Property profile

1333 Butterfield Rd Downers Grove, IL 60515

OFF-MARKET
Office buildings
Property ID
US28-0050630
187,774 SF 5.44 ac lot Built 1985
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This office property in Downers Grove, Illinois provides 4,815 square feet of space with flexible floor plates and a three-story granite atrium lobby. It is configured with executive-level lower parking and offers lower-level storage. The building includes a conference facility and landscaped terraces, with additional outdoor/upper-level balcony space available. The site is positioned near major transportation routes, with access to I-88 at I-355 and prominent tollway visibility, and is within close proximity to local retail and dining options including Oak Brook Shopping Mall; O’Hare International Airport is about 20 minutes away. On-site amenities include an upgraded tenant fitness center with training equipment, a tenant lounge, grab-and-go food service, and an upgraded building lobby.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1985
Total area 187,774 SF
Lot 5.44 ac (236,966 SF)
Zoning code C
APN 06-30-401-016
UPID US28-0050630

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Environmental Consultant Civil Engineer
  • Information Services
  • Business Management Consultant Training Centre
  • Business Management Consultant
  • (Bike/Boat/Book/etc) Store Corporate Office

Location

1333 Butterfield Rd Downers Grove, IL 60515-5607
Downers Grove metro Census 844401 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$21.94M
Blend (final) Blend
$18.52M

Owner & transaction history

since 2017
7 recorded transactions
2021
Price N/A
2019
Price N/A
2017
$12.1M
2012
$11.5M
2007
Price N/A
2006
$28.3M
2004
$19.1M

Zoning & alternative use

C · Downers Grove, IL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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