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Property profile & analytics

440 Quadrangle Dr Bolingbrook, IL 60440

  • Commercial real estate
  • 35,036 SF
  • 2.94 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-0202807
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $3,789,000
    Market price range: $3.79M - $14.4M

Get a detailed, property-specific valuation — fast and free


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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$59,234
$179,005
$513,858
$692,863
-
$537,015
$1,541,574
$2,078,589
More about this property
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