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    FOR LEASE
    Office buildings

    1415 W 22Nd St, Oak Brook, IL 60523

    442,326 SF 12.47 ac lot Built 1976
    Entity Owned 14-yr Hold ~ Est. High Equity
    Property ID
    US28-0459613
    Property summary
    AI-generated overview

    Oak Brook Regency Towers offers exceptional Class A office space in two 13-story buildings totaling 220,860 square feet. Located at 1415 W 22nd St, Oak Brook, IL 60523, this prestigious property boasts a prime location near Oakbrook Center mall, hotels, and numerous amenities. The complex features a three-level covered parking garage with 1000 spaces, a renovated fitness center, a state-of-the-art conference facility, a full-service bank, a sundry store, and a new restaurant. Each building showcases an elegant domed rotunda lobby. Suites range from 1,572 to 17,292 contiguous square feet, with 82,014 square feet currently vacant. The property, built in 1976, offers multiple tenancy options and is conveniently located near Route 83, providing easy access to transportation and major thoroughfares. Tenants benefit from the vibrant Oak Brook business community and its supportive Chamber of Commerce. Elevators are available in both buildings. This is an unparalleled opportunity to secure high-quality office space in a thriving business environment.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1976
    Total area 442,326 SF
    Lot 12.47 ac (543,193 SF)
    Zoning code C
    APN 06-26-100-009
    UPID US28-0459613
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Invention Resource International Professional Services
    • Rock Island Capital LLC Bank
    • Luc-Co, Inc. (Bike/Boat/Book/etc) Store
    • 4D Sales Co Inc Industrial Manufacturer Factory
    • MS Consulting Services, Inc. IT Consulting Firm (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $13.24M
    Owner & transaction history
    Asvrf Oak Brook Regency LLC · 14 yrs held
    Asvrf Oak Brook Regency LLC
    since 2011
    2 recorded transactions
    2011
    $70.0M
    2002
    $66.5M
    Zoning & alternative use
    C · Oak Brook, IL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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