340 Butterfield RdElmhurst, IL 60126

  • Office buildings
  • 3,855 SF
For Sale
$525,000 View listing

Property Details for 340 Butterfield Rd

Year built
1984
Lot size
2.16 AC
Property size (Sq ft)
3,855 SF
Zone code
C
Property type
Office buildings
APN
06-14-319-003
APU
614319003

Description

This exceptional office space, located at 340 W. Butterfield Rd #4C-D in Elmhurst, Illinois (zip code 60126), offers a newly renovated suite ranging from 1,800 to 2,385 rentable square feet. The property is a Class B building, boasting a total of 67,205 square feet across four stories, and underwent renovations in 2022. The building features 1850 suites in total, with a minimum divisible space of 150 square feet and a maximum contiguous space of 1,800 square feet. Currently, 1,850 square feet are vacant and immediately available. This particular suite offers a unique feature: all private offices benefit from exterior window lines, providing ample natural light. The building is conveniently located in DuPage County and includes elevators for easy access to all floors. The property is suitable for various business models, including traditional office space, executive suites, and coworking arrangements. This is a fantastic opportunity to secure modern, well-maintained office space in a desirable Elmhurst location. Contact us today to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,160,419
    6.5%
    $1,071,156
    7%
    $994,645
  • Comparable approach

    Method
    Valuation
    Relative Method
    $502,114
    Geo Method
    $502,114
  • Alternative Use

    Use
    Valuation
    Residential
    $1,328,233
    Hospitality
    $1,216,654
    Educational
    $1,012,242
    Medical
    $1,047,055
    Retail
    $1,574,599
340 Butterfield Rd, Elmhurst, Illinois

Location Insight

City
Elmhurst
County
Dupage
State
Illinois
Latitude
41.8648
Longitude
-87.9495
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
$5,507
$35,740
$73,400
$109,140
-
$107,220
$220,200
$327,420

FAQs

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