Property profile

711 Jorie Blvd Oak Brook, IL 60523

OFF-MARKET
Office buildings
Property ID
US28-2115146
151,680 SF 13.52 ac lot Built 1980
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

A three-story commercial building with efficient 50,000-square-foot floor plates and nine-foot ceilings. The property provides parking at a ratio of 5 spaces per 1,000 square feet and offers 24-hour access. On-site amenities include an updated fitness center, food service, a two-story lobby, a tenant lounge, and a conference center. The building includes 23,577 square feet of office space.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1980
Total area 151,680 SF
Lot 13.52 ac (588,931 SF)
Zoning code C
APN 06-25-101-001
UPID US28-2115146

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Medical Clinic
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Pharmacy
  • Pharmacy
  • Pharmacy

Location

711 Jorie Blvd Oak Brook, IL 60523-4425
Oak Brook metro Census 844601 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$34.32M
Comparable Approach Comparable
$29.58M
Blend (final) Blend
$34.60M

Owner & transaction history

since 2021
Last sale
$33.8M
7 recorded transactions
2021
$33.8M
2021
Price N/A
2018
Price N/A
2017
$14.5M
2014
$12.2M
2013
Price N/A
2006
Price N/A

Zoning & alternative use

C · Oak Brook, IL
Top alternative use upside
Auto repair, garage $53.7M +68.7%
Restaurant $47.2M +48.3%
Commercial (general) $35.2M +10.8%

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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