701 Harger RdOak Brook, IL 60523

  • Office buildings
  • 64,780 SF
For Lease
$25/SF/YR View listing

Property Details for 701 Harger Rd

Year built
1986
Lot size
3.37 AC
Property size (Sq ft)
64,780 SF
Zone code
C
Property type
Office buildings
APN
06-24-304-006
APU
624304006

Description

This exceptional two-story office building, located at 701 Harger Rd in Oak Brook, IL, offers 63,345 square feet of Class B office space. The property features a traditional office layout with executive office suites also available, perfect for a variety of business needs. Two spaces are currently available, ranging from 10,947 to 23,703 square feet, providing flexibility for businesses of different sizes. The building boasts impressive 32,535 square foot floorplates, maximizing efficiency and workspace. Employees will appreciate the convenience of indoor heated garage parking, with a generous parking ratio of 3.7 spaces per 1,000 square feet. Natural light floods the space through floor-to-ceiling windows. Building amenities include a conference room and a fitness area, enhancing employee comfort and productivity. On-site ownership and a dedicated building engineer ensure seamless operations and maintenance. High visibility is guaranteed with prominent building signage opportunities and excellent I-88 exposure. This property is situated in DuPage County, offering a prime location in the thriving Oak Brook business community, zip code 60523. Contact us today to learn more about this outstanding leasing opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $19,499,850
    6.5%
    $17,999,862
    7%
    $16,714,157
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,437,595
    Geo Method
    $8,437,595
  • Alternative Use

    Use
    Valuation
    Residential
    $22,319,828
    Hospitality
    $20,444,842
    Educational
    $17,009,870
    Medical
    $17,594,864
    Retail
    $26,459,796

Location Insight

City
Oak Brook
County
Dupage
State
Illinois
Latitude
41.8522
Longitude
-87.9366
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
$162,966
$731,440
$2,270,930
$3,002,370
-
$2,194,320
$6,812,790
$9,007,110

FAQs

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