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Property profile & analytics

814 Commerce Dr Oak Brook, IL 60523

  • Office buildings
  • 179,353 SF
  • 7.46 lot acres
For Lease
Last Sale
Sep 24, 2021
$12,600,000
Value Estimations
$15,810,000
Cap Rate Potential
Location Intelligence
Property ID
US28-2195723
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

  • LAUNCH TransTechs / Employment Agency
  • LAUNCH Technical Workforce Solutions, LLC / Employment Agency
  • IRC Retail Centers / Commercial Real Estate Agency
  • Well-Rooted Pediatrics / Pediatrician
  • Pine Tree / Commercial Real Estate Agency / Property Management Company

Property Details for 814 Commerce Dr

Year built
1971
Lot size
7.46 lot acres
Property size
179,353 SF
Zone code
C
Property type
Office buildings
APN
06-23-404-022
APU
623404022

Description

814 Commerce Drive in Oak Brook, Illinois, presents a unique opportunity to lease exceptional office space. This three-story, Class B building, totaling 173,017 square feet, sits on a 7.46-acre lot and offers multiple tenancy options. Currently, two suites are available, ranging from 18,690 to 26,102 square feet. Built in 1990 and extensively renovated in 2020, the property boasts a refreshed lobby with comfortable seating, upgraded HVAC systems, and improved parking deck facilities. The building is zoned ORA-1, Oak Brook, within DuPage County. Its prime location, just north of 22nd Street and east of Route 83, provides unparalleled convenience. Located one block east of the Oakbrook Center mall, tenants will enjoy easy access to a wide array of amenities, including numerous restaurants, shopping options, daycare centers, hotels, recreational facilities, and a variety of business services. This property offers a blend of executive, creative, and traditional office spaces, catering to diverse business needs. The building's modern updates and strategic location make it an ideal choice for businesses seeking a prestigious and functional workspace in the heart of Oak Brook. The available suites provide ample space for expansion and growth, making this an exceptional opportunity for companies of all sizes.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $15,465,000
    ML approach
    $10,530,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $20,590,000
    Market price range: $16.7M - $57.6M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Oak Brook
County
Dupage
State
Illinois
Longitude
-87.941
Latitude
41.8515
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
$122,318
$1,555,490
$1,612,960
$3,168,450
-
$4,666,470
$4,838,880
$9,505,350
More about this property
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