440 Quadrangle Dr E E Ste, Bolingbrook, IL 60440-3455
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.