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    Property profile & analytics

    500 22nd St Oak Brook, IL 60523-1955

    • Office buildings
    • 5,651 SF
    • 1.62 lot acres
    OFF-MARKET
    Value Estimation
    $455,000
    Last Sale
    Jun 10, 2020
    Location Intelligence
    Property ID
    US28-4776570
    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

    • Charles Schwab / Investment Service / Financial Institution

    Property Details for 500 22nd St

    Year built
    2010
    Lot size
    1.62 lot acres
    Property size
    5,651 SF
    Property type
    Office buildings
    APN
    06-24-308-016
    APU
    624308016

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Oak Brook
    County
    Dupage
    State
    Illinois
    Longitude
    -87.9318
    Latitude
    41.8481
    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
    $18,821
    $317,960
    $28,790
    $346,750
    -
    $953,880
    $86,370
    $1,040,250

    Comparable in this City

    • Value Estimation by Request
      111,306 SF

      2715 Jorie Blvd

      OFFICE BUILDING • 111,306 SF
      2715 Jorie Blvd, Oak Brook, IL 60523-2160
      View Details
    • Value Estimation by Request
      142,352 SF

      900 Jorie Blvd

      OFFICE BUILDING • 142,352 SF
      900 Jorie Blvd, Oak Brook, IL 60523-2213
      View Details
    • Value Estimation by Request
      442,326 SF

      1415 22nd St

      OFFICE BUILDING • 442,326 SF
      1415 22nd St, Oak Brook, IL 60523-2074
      View Details
    • Value Estimation by Request
      205,536 SF

      800 Jorie Blvd

      OFFICE BUILDING • 205,536 SF
      800 Jorie Blvd, Oak Brook, IL 60523-2296
      View Details
    • Value Estimation
      $470,000
      1,113 SF

      1st Smt Avee-1

      OFFICE BUILDING • 1,113 SF
      1st Smt Avee-1, Oak Brook, IL 60523
      View Details
    • Value Estimation
      $450,000
      1,089 SF

      1st Smt Avee-4

      OFFICE BUILDING • 1,089 SF
      1st Smt Avee-4, Oak Brook, IL 60523
      View Details

    Similar Nearby for Sale

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      Oak Brook Office Building Investment

      58,010 SF Office, Ample Parking, Excellent Location
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    • $5,650,000
      50,564 SF

      Midwest Plaza North: Oak Brook Office

      Modern Oak Brook office building, 50,564 SF, $5.65M.
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      72,241 SF

      Oak Brook Premier Office Space

      Furnished office space with amenities and convenient highway access.
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    Similar Nearby for Lease

    • Contact for pricing
      203,000 SF

      Prestigious Suburban Chicago Office Space

      Premier office building with excellent access and amenities.
      1999 York Rd, Oak Brook, IL 60523
      View Details
    • $15 SF/Yr
      3,100 SF

      Oak Brook Two-Story Office Building

      27,498 SF office building with suites from 500-3,100 SF.
      2210 Midwest Rd, Oak Brook, IL 60523
      View Details
    • $17 SF/Yr
      36,720 SF

      Modernist Office Building in Oak Brook

      Unique office building with prominent signage and flexible floorplan.
      2200 Kensington Ct, Oak Brook, IL 60523
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    • Contact for pricing
      17,749 SF

      Prime Oak Brook Office Space

      Conveniently located office space with easy access and ample parking.
      1111 W 22Nd St, Oak Brook, IL 60523
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    • $17 SF/Yr
      36,720 SF

      Modernist Office Building For Rent

      Unique office building with flexible floorplan and prominent signage.
      2222 Kensington Ct, Oak Brook, IL 60523
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    • $23 SF/Yr
      220,860 SF

      Oak Brook Office Space Available

      Class A Office Suites, Oak Brook, IL
      1415 22Nd St, Oak Brook, IL 60523
      View Details
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    500 22nd St
    Oak Brook, IL 60523-1955
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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