Property profile & analytics
1400 16th St Oak Brook, IL 60523-1306
- Office buildings
- 73,884 SF
- 3.45 lot acres
OFF-MARKET
Value Estimations
$11,925,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US28-2715908
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
- Fifth Third Mortgage - Jason Hohe / Loan Service / Bank
- Fifth Third Securities - Terrence Newman / Financial Advisor
- Fifth Third Private Bank - Matthew Ordway / Financial Advisor
- Fifth Third Private Bank - Amy Esslinger / Financial Advisor
- Rana Meal Solutions / Food Processing Plant / Factory
Property Details for 1400 16th St
- Year built
- 1991
- Lot size
- 3.45 lot acres
- Property size
- 73,884 SF
- Zone code
- C
- Property type
- Office buildings
- APN
- 06-23-102-025
- APU
- 623102025
Description
This exceptional Class A office building in Oak Brook, Illinois, offers 19,538 square feet of immediately available space, divisible to a minimum of 3,500 square feet and up to a contiguous 16,038 square feet. Located at 1400 16th Street, this three-story building, constructed in 1991, sits on 5.17 acres and boasts 70,000 total square feet. The property features two passenger elevators, 296 parking spaces (with reserved options available), and 24-hour key-card access. Building amenities include a 100-person conference facility, ample storage, a dining room with vending machines, and a recently renovated fitness center. The building is owner-occupied, ensuring responsive on-site management and engineering support. Its prime location offers easy access to major transportation arteries, including the Route 83 and I-88 interchange (3 minutes away), and proximity to the Oakbrook Center Regional Mall. The property is zoned B-2 Oak Brook (APN: 60-23-102-025, 06-23-102-034). A portion of the available space (16,038 square feet) is fully furnished. This presents a unique opportunity for businesses seeking a high-quality, well-amenitized office space in a highly desirable location.
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $15,495,000 Current use
- COMMERCIAL (GENERAL)
- $17,170,000 Change: +11% Conversion: Easy
- MEDICAL BUILDING
- $16,640,000 Change: +7% Conversion: Easy
- RETAIL STORES
- $15,920,000 Change: +3% Conversion: Moderate
- APARTMENT HOUSE (5+ UNITS)
- $14,265,000 Change: -8% Conversion: Easy
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Oak Brook
- County
- Dupage
- State
- Illinois
- Longitude
- -87.9541
- Latitude
- 41.8548
- 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
$177,388
$1,122,320
$2,906,840
$4,029,160
-
$3,366,960
$8,720,520
$12,087,480
