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Office

Woodland Park Offices Burr Ridge

16W347 83rd St, Burr Ridge, IL 60527

Listing Price: $6,950,000

Cap Rate
10.77%
Gross SF
51,142
Rentable SF
51,142
Price/Gross SF
$135.90
Lot Size
2.90 acres
Year Built
1988

Investment Overview

Marcus & Millichap is proud to offer this eight building, single story 51,142-square-foot office complex located in a professional park setting in prestigious Burr Ridge, Illinois. The investment offers attractive in-place assumable bank financing at 3.67 percent through October of 2029, making the cash flows and LIRR stronger than most other office investments available in the market right now. These eight small office buildings were developed by the seller and never before available for purchase. Burr Ridge, Illinois is a strong suburban office location located in DuPage, not Cook, County which affords for more attractive RE Tax levels, and is the ideal location for small, local business owners.

The buildings offer Continuous window lines, private entrances into each suite, private bathrooms, and 24hr access with individually controlled HVAC. The few vacancies offer turn-key, move-in ready suites with abundant parking, onsite management, flexible floor plans and an ideal location off of I-55.

Investment Highlights

  • Abundant Parking Throughout the Eight Building Office Complex
  • Ideal Location Right Off I-55 with Full Interchange at Route 83
  • Continuous Window Lines Throughout
  • Turn-Key, Move-in Ready Suites
  • Eight Building, Single Story Office Complex Located in a Professional Park Setting
  • On-Site Management - Family Owned & Managed which were Never Offered for Sale Before
  • Completely Remodeled Tenant Improvements
  • Private Entrances into Each Suite with Private Bathrooms

Exclusively Listed By

  • John Abuja, CCIM

    Senior Managing Director Investments

    (312) 327-5412

    Email John

    License(s): IL: 471.007675

    Chicago Downtown

Financing By

Office

Woodland Park Offices Burr Ridge

Listing Price: $6,950,000

Cap Rate
10.77%
Gross SF
51,142
Rentable SF
51,142
Price/Gross SF
$135.90
Lot Size
2.90 acres
Year Built
1988

Investment Highlights

  • Abundant Parking Throughout the Eight Building Office Complex
  • Ideal Location Right Off I-55 with Full Interchange at Route 83
  • Continuous Window Lines Throughout
  • Turn-Key, Move-in Ready Suites
  • Eight Building, Single Story Office Complex Located in a Professional Park Setting
  • On-Site Management - Family Owned & Managed which were Never Offered for Sale Before
  • Completely Remodeled Tenant Improvements
  • Private Entrances into Each Suite with Private Bathrooms

Investment Overview

Marcus & Millichap is proud to offer this eight building, single story 51,142-square-foot office complex located in a professional park setting in prestigious Burr Ridge, Illinois. The investment offers attractive in-place assumable bank financing at 3.67 percent through October of 2029, making the cash flows and LIRR stronger than most other office investments available in the market right now. These eight small office buildings were developed by the seller and never before available for purchase. Burr Ridge, Illinois is a strong suburban office location located in DuPage, not Cook, County which affords for more attractive RE Tax levels, and is the ideal location for small, local business owners. The buildings offer Continuous window lines, private entrances into each suite, private bathrooms, and 24hr access with individually controlled HVAC. The few vacancies offer turn-key, move-in ready suites with abundant parking, onsite management, flexible floor plans and an ideal location off of I-55.

Exclusively Listed By

  • John Abuja, CCIM

    Senior Managing Director Investments

    (312) 327-5412

    Email John

    License(s): IL: 471.007675

    Chicago Downtown

Financing By

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