Property profile

2301 W 22Nd St Oak Brook, IL 60523

FOR LEASE
Office buildings
Property ID
US28-5576271
92,862 SF 3.54 ac lot Built 1970
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A office complex, located at 2301 & 2311 W 22nd Street in Oak Brook, Illinois, 60523, offers a prime opportunity for businesses seeking high-quality space in DuPage County. The property, known as Oak Brook Place One and Two, comprises a three-story building totaling 183,000 square feet, with 35,700 square feet currently vacant. Suites range from a minimum of 2,155 square feet to a maximum contiguous space of 7,373 square feet, making it suitable for a variety of business needs. Built in 1980 and extensively renovated in 2019, the property boasts modern amenities including on-site management and a convenient quick food service. The building also features underground executive heated parking (4 spaces per 1,000 square feet) and floor-to-ceiling windows providing ample natural light. The property sits on a 5.78-acre lot and is categorized as a traditional office building with multiple tenancies. This is a rare opportunity to secure prestigious office space in a highly desirable location. The property's modern design and convenient amenities make it an ideal choice for businesses seeking a productive and comfortable work environment. Contact us today to learn more about available spaces and leasing options.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1970
Total area 92,862 SF
Lot 3.54 ac (154,202 SF)
Zoning code C
APN 06-27-100-018
UPID US28-5576271

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
  • Employment Agency
  • Employment Agency
  • Insurance Agency
  • Insurance Agency

Location

2301 W 22Nd St Oak Brook, IL 60523
Oak Brook metro Census 844402 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
by Request
Blend (final) Blend
$10.36M

Owner & transaction history

since 2016
5 recorded transactions
2020
Price N/A
2016
$16.0M
2005
$23.5M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C · Oak Brook, 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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