2001 Midwest RdOak Brook, IL 60523

Property Details for 2001 Midwest Rd

Year built

1980

Lot size

1.89 AC

Property size (Sq ft)

49,804 SF

Zone code

C

Property type

Office buildings

APN

06-22-303-039

APU

622303039

Description

This exceptional three-story office building at 2001 Midwest Road in Oak Brook, Illinois, offers a variety of flexible office spaces to suit diverse business needs. The building totals 47,671 square feet and is classified as Class B. Multiple tenancy options are available, with spaces ranging from a minimum of 1,040 square feet to a maximum contiguous space of 4,774 square feet. Currently, 12,463 square feet of space is vacant and ready for immediate occupancy. The building's convenient location on Midwest Road, between 22nd Street and Butterfield Road, provides easy access to major interstate highways. A significant advantage is the presence of a large conference room, ideal for corporate training sessions or other large gatherings. The surrounding area boasts a wide selection of dining options, including both fast-casual and full-service restaurants, catering to the convenience of tenants and their employees. This property presents a compelling opportunity for businesses seeking a well-located, functional, and adaptable office space in the thriving Oak Brook market. The zip code is 60523.

• CAP approach

  CAP return

  Valuation

  6%

  $14,991,827

  6.5%

  $13,838,609

  7%

  $12,850,137

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,486,971

  Geo Method

  $6,486,971

• Alternative Use

  Use

  Valuation

  Residential

  $17,159,876

  Hospitality

  $15,718,354

  Educational

  $13,077,486

  Medical

  $13,527,241

  Retail

  $20,342,756

Location Insight

City

Oak Brook

County

Dupage

State

Illinois

Latitude

41.8497

Longitude

-87.9717

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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