2100 Corporate DrAddison, IL 60101

  • Office buildings
  • 39,350 SF

Property Details for 2100 Corporate Dr

Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
3.70 AC
Property size (Sq ft)
39,350 SF
Zone code
I
Property type
Office buildings
APN
02-25-103-037
APU
225103037

Description

This exceptional 10,880 square foot flex space, part of a larger 39,050 square foot building at 2100 Corporate Drive, presents a unique opportunity. Located in a M-4 (Planned Office/Research/Industrial) zoned area, the property boasts high visibility and excellent retail exposure, making it ideal for a variety of businesses. Built in 1989 and extensively renovated in 2024, this single-story building features a new roof and parking lot, along with substantial interior upgrades. The space includes 16.5-foot ceilings, one drive-in door for convenient loading, and 38 total parking spaces. The property offers 100% air-conditioned space and allows for building signage. Landlords are open to automotive, recreational, and retail uses, subject to credit and municipal approvals. The minimum divisible space is 10,880 square feet, with a total of 200 Amps of power available. This property is perfect for businesses seeking a modern, well-maintained space with high visibility and ample parking. The property is multi-tenant.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,105,110
    6.5%
    $6,558,562
    7%
    $6,090,094
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,994,937
    Geo Method
    $5,125,338
  • Alternative Use

    Use
    Valuation
    Residential
    $8,132,618
    Hospitality
    $7,449,434
    Educational
    $6,197,842
    Medical
    $6,410,995
    Retail
    $9,641,087

Location Insight

City
Addison
County
Dupage
State
Illinois
Latitude
41.927
Longitude
-88.043
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
$82,451
$389,560
$443,770
$833,330
-
$1,168,680
$1,331,310
$2,499,990

FAQs

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