Property profile

2211 Butterfield Rd Downers Grove, IL 60515

OFF-MARKET
Office buildings
Property ID
US28-4214918
53,212 SF 4.4 ac lot Built 1998
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1998
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 53,212 SF
Lot 4.4 ac (191,664 SF)
Zoning code C
APN 05-25-414-015
UPID US28-4214918

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
  • Insurance Agency
  • Financial Advisor Insurance Agency
  • Insurance Agency
  • Corporate Office

Location

2211 Butterfield Rd Downers Grove, IL 60515-1493
Downers Grove metro Census 842706 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.03M
Blend (final) Blend
$6.97M

Owner & transaction history

since 2014
4 recorded transactions
2014
$5.1M
2014
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C · Downers Grove, IL
Top alternative use upside
Retail stores $11.5M +20.2%

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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