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    FOR SALE
    Commercial land

    3001 Butterfield Rd, Oak Brook, IL 60523

    0.63 ac lot
    Individually Owned 8-yr Hold Free & Clear
    Property ID
    US28-4768442
    Property summary
    AI-generated overview

    This exceptional ±2-acre commercial land parcel presents a unique development opportunity within the highly sought-after Oak Brook Promenade. Located at 3001 Butterfield Road in DuPage County, Illinois (zip code 60523), this property boasts unparalleled visibility from I-88 and its position along the high-traffic Butterfield Road, a major commercial artery. The site is ideally situated near prominent businesses, including McCormick and Schmick's, which anchors the Oak Brook Promenade. The surrounding area offers a wealth of amenities, including numerous restaurants and retail establishments, creating a vibrant and convenient environment. This location is strategically positioned less than two miles from the Butterfield Country Club and Butler National Golf Club, and is also conveniently close to the Oak Brook Shopping Center and Yorktown Mall. The property's proximity to major corporations such as Ace Hardware, Blistex, Federal Signal, and CenterPoint Properties, which have headquarters in Oak Brook, further enhances its appeal. With a median family income of $175,500, this location offers a strong demographic profile. The asking price for this prime development site is $2,200,000. This is a rare opportunity to acquire a highly visible and accessible land parcel in a thriving commercial area just 19 miles west of downtown Chicago.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 0.63 ac (27,443 SF)
    APN 06-28-103-024
    UPID US28-4768442
    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
    • Movement Technology Institute Charitable Organization Social Service Agency
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    RPAI OAK BROOK PROMENADE
    RPAI OAK BROOK PROMENADE
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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