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440 Quadrangle Dr E E Ste Bolingbrook, IL 60440-3455

Commercial real estate Google Maps
35,036 SF 2.94 ac lot Built 2000
Entity Owned Absentee Owner ~ Est. High Equity
Estimated value (blended)
$695k
Range $626k – $765k (±10%)
Property ID US28-0202807

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2000
Total area 35,036 SF
Lot 2.94 ac (128,066 SF)
APN 12-02-15-401-009
UPID US28-0202807

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$695k

Owner & transaction history

since 2026
Last sale
$3.1M
6 recorded transactions
2026
$3.1M
2020
Price N/A
2005
$5.3M
2002
Price N/A
1969
Price N/A
1969
Price N/A

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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More about this property
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