For Sale
$2,200,000

619 Enterprise Dr Oak Brook, IL 60523

24,231 SF Office, Owner/User Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional Oak Brook, Illinois office building at 619 Enterprise Drive presents a rare owner-user opportunity. The 24,231 square foot Class B building, constructed in 1983, sits on a 1.29-acre lot and offers ample covered parking with a 4.1/1,000 SF ratio. Currently, up to 12,295 square feet of first-floor space is available, fully furnished for immediate occupancy, allowing an owner to occupy a significant portion while generating income from existing tenants. The building's strong financial profile includes an asking price of $2,200,000 (approximately $90.80 per square foot), projected 2024 expenses of $136,777 ($5.65 PSF), and in-place annual income of $169,000. This presents a compelling opportunity for an owner-occupant to realize significant cost savings compared to leasing comparable space in the area, with an estimated effective cost of ownership under $10.00 per square foot annually. The property is zoned ORA-1 (DuPage County PIN: 06-24-306-005) and is located on Enterprise Drive, a desirable area in Oak Brook with limited availability of buildings under 25,000 square feet. This is a unique chance to acquire a well-located, income-producing asset with substantial space for immediate use.

Highlights

  • Asking Price: $2,200,000 (approx. $90.80/SF)
  • Available Space: 12,295 SF for immediate occupancy
  • Annual Net Operating Income (In-Place): $169,000
  • Projected 2024 Expenses: $136,777 ($5.65/SF)
  • Year Built: 1983
  • Building Size: 24,231 SF

Property Details for 619 Enterprise Dr

Property type
Office properties
Square Feet
24,231 SF
Class
B

Location Insight

City
Oak Brook
County
Dupage
State
Illinois
Latitude
41.8498566
Longitude
-87.9353615

FAQs

What type of property is this?
Office property - 24,231 SF Office, Owner/User Opportunity
Where is the office property located?
The property is located at 619 Enterprise Dr Oak Brook, IL.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Asking Price: $2,200,000 (approx. $90.80/SF); Available Space: 12,295 SF for immediate occupancy; Annual Net Operating Income (In-Place): $169,000
How can I contact the broker?
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619 Enterprise Dr
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