477 Butterfield RdLombard, IL 60148

  • Office buildings
  • 56,156 SF
For Lease
$14/SF/YR View listing

Property Details for 477 Butterfield Rd

Year built
1973
Lot size
2.27 AC
Property size (Sq ft)
56,156 SF
Zone code
C
Property type
Office buildings
APN
06-29-401-007
APU
629401007

Description

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

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
$82,393
$604,050
$701,100
$1,305,150
-
$1,812,150
$2,103,300
$3,915,450

FAQs

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