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    Property profile & analytics

    616 Enterprise Dr Oak Brook, IL 60523-1970

    • Office buildings
    • 12,780 SF
    • 0.72 lot acres
    OFF-MARKET
    Value Estimation
    $580,000
    Location Intelligence
    Property ID
    US28-5719207
    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

    • HBK Engineering / Engineering Consultant
    • Brandon Johnson Insurance Agency / Insurance Agency
    • Oak Brook Financial Services / Financial Planner

    Property Details for 616 Enterprise Dr

    Year built
    1969
    Lot size
    0.72 lot acres
    Property size
    12,780 SF
    Zone code
    C
    Property type
    Office buildings
    APN
    06-24-305-008
    APU
    624305008

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $505,000

    • CAP approach

      CAP return
      Estimation
      6%
      $825,000
      6.5%
      $730,000
      7%
      $695,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $775,000
      Geo Method
      $725,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $820,000
      Retail
      $635,000
      Mixed-Use
      $780,000
      Hospitality
      $605,000
      Educational
      $690,000
      Residential Income
      $835,000
      Energy
      $655,000
      Income-Based Land
      $625,000
      Food Service
      $810,000

    Location Insight

    • Map
    • Local Demand
    City
    Oak Brook
    County
    Dupage
    State
    Illinois
    Longitude
    -87.9357
    Latitude
    41.8506
    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
    $32,234
    $153,000
    $440,850
    $593,850
    -
    $459,000
    $1,322,550
    $1,781,550

    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

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      Redevelopment Opportunity in Oak Brook

      High visibility location with easy expressway access in Oak Brook.
      715 Enterprise Dr, Oak Brook, IL 60523
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    Similar Nearby for Lease

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      Unique office building with prominent signage and flexible floorplan.
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      3,100 SF

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      27,498 SF office building with suites from 500-3,100 SF.
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      Premier office building with excellent access and amenities.
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      Prime Oak Brook Office Space

      Conveniently located office space with easy access and ample parking.
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    • $17 SF/Yr
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      Modernist Office Building For Rent

      Unique office building with flexible floorplan and prominent signage.
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    • $23 SF/Yr
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      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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    616 Enterprise Dr
    Oak Brook, IL 60523-1970
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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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