440 Quadrangle Dr Bolingbrook, IL 60440
- Commercial real estate
- 35,036 SF
- 2.94 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 440 Quadrangle Dr
- Year built
- 2000
- Lot size
- 2.94 lot acres
- Property size
- 35,036 SF
- Property type
- Commercial real estate
- APN
- 12-02-15-401-009
- APU
- 120215401009
Description
This exceptional investment opportunity presents a 35,010-square-foot, single-story office building situated at 440 Quadrangle Drive in Bolingbrook, Illinois. The Class B property, built in 1996, boasts attractive exterior brickwork and accent lighting. Currently operating at 41% occupancy, this multi-tenant building offers a compelling owner-user opportunity or strong potential for rental income growth. The building features tenant-controlled HVAC and security systems, providing flexibility and control for occupants. With a generous parking ratio of 5 spaces per 1,000 square feet, ample parking is readily available. The property sits on a 2.94-acre lot and is zoned for commercial use. Priced at $3,501,000 ($100 per square foot), this strategically located asset benefits from proximity to a large labor pool and the full interchange of I-55 and Route 53, ensuring excellent accessibility and visibility. The building's single-story design and functional layout offer significant advantages for both owner-occupiers and investors seeking a well-maintained property in a prime location. This is a rare opportunity to acquire a substantial office building in a thriving market. The net lease structure provides a clear and straightforward ownership experience.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,789,000
Market price range: $3.79M - $14.4M
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Location Insight
- Map
- Local Demand
- City
- Bolingbrook
- County
- Will
- State
- Illinois
- Longitude
- -88.0745
- Latitude
- 41.6871
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA