This exceptional four-story executive office building, located at 477 E. Butterfield Road in Lombard, Illinois, offers a variety of flexible spaces to suit your business needs. The property boasts a total of 53,965 square feet, with multiple tenancy options available. Currently, there are 6,674 square feet of vacant space ready for immediate occupancy, divisible into units as small as 757 square feet, and offering contiguous spaces up to a maximum of 3,218 square feet. The building is situated in DuPage County, zip code 60148, providing convenient access to major transportation routes and amenities. The property features extensive parking, ensuring ample space for employees and clients. This prime Lombard location offers a sophisticated and professional environment ideal for businesses seeking a prestigious address and flexible workspace solutions. The building's executive office subtype caters to businesses requiring a high-quality, well-maintained facility. With its diverse suite sizes and convenient location, this property presents a compelling opportunity for businesses of all sizes seeking a thriving work environment in the heart of Lombard. Contact us today to schedule a viewing and explore the possibilities.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$10,139,632
6.5%
$9,359,661
7%
$8,691,113
Comparable approach
Method
Valuation
Relative Method
$5,701,136
Geo Method
$7,314,319
Alternative Use
Use
Valuation
Residential
$11,605,979
Hospitality
$10,631,015
Educational
$8,844,879
Medical
$9,149,068
Retail
$13,758,701
Location Insight
City
Lombard
County
Dupage
State
Illinois
Latitude
41.8365
Longitude
-88.0039
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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