Office
745 McClintock Drive
745 McClintock Dr, Burr Ridge, IL 60527
Listing Price: $6,375,000
Investment Overview
The Burr Ridge Business Center is a well-maintained, three-story office building totaling 62,148 rentable square feet, located in the affluent and highly desirable suburb of Burr Ridge, Illinois. The property features elegant architectural finishes, including a classic marble and mahogany lobby, and offers flexible suite sizes, catering to a diverse mix of professional tenants.
Strategically positioned with immediate access to I-55 via County Line Road and close proximity to theTri-State Tollway, the property benefits from excellent regional connectivity. The surrounding area boasts a rich amenity base with numerous restaurants, hotels, health clubs, and service-oriented businesses, enhancing tenant appeal and leasing velocity.
Currently 82% leased and priced off of actual in-place income, the asset offers strong in-place cash flow with upside potential through the lease-up of remaining vacancy. Upon stabilization to 95% occupancy, the property is projected to deliver a highly attractive Cap Rate of 14.26% and a Cash-on-Cash Return of 16.24%.
Opportunistic Upside - Stabilizes to a 14% CAP and 16% Cash-on-Cash Return
745 McClintock Drive
Investment Highlights
- High End, Three-Story Office Building in a Premier Suburban Location
- Prestigious Burr Ridge Location with Access to Strong Demographics and Executive Housing
- High-End Finishes: Granite Flooring, Wood-Paneled Walls, and Classic Mahogany Lobby
- Excellent Accessibility: Direct Access to I-55 and Tri-State Tollway via County Line Road
- Amenity-Rich Area: Restaurants, Hotels, Fitness Centers, and Professional Services Nearby
- After-Hours Security: Touch-Pad and Intercom System
- Diverse Suite Layouts Support Individual Tenant Identity and Leasing Flexibility
Exclusively Listed By
Listing Price: $6,375,000
Investment Highlights
- High End, Three-Story Office Building in a Premier Suburban Location
- Prestigious Burr Ridge Location with Access to Strong Demographics and Executive Housing
- High-End Finishes: Granite Flooring, Wood-Paneled Walls, and Classic Mahogany Lobby
- Excellent Accessibility: Direct Access to I-55 and Tri-State Tollway via County Line Road
- Amenity-Rich Area: Restaurants, Hotels, Fitness Centers, and Professional Services Nearby
- After-Hours Security: Touch-Pad and Intercom System
- Diverse Suite Layouts Support Individual Tenant Identity and Leasing Flexibility
Investment Overview
The Burr Ridge Business Center is a well-maintained, three-story office building totaling 62,148 rentable square feet, located in the affluent and highly desirable suburb of Burr Ridge, Illinois. The property features elegant architectural finishes, including a classic marble and mahogany lobby, and offers flexible suite sizes, catering to a diverse mix of professional tenants. Strategically positioned with immediate access to I-55 via County Line Road and close proximity to theTri-State Tollway, the property benefits from excellent regional connectivity. The surrounding area boasts a rich amenity base with numerous restaurants, hotels, health clubs, and service-oriented businesses, enhancing tenant appeal and leasing velocity. Currently 82% leased and priced off of actual in-place income, the asset offers strong in-place cash flow with upside potential through the lease-up of remaining vacancy. Upon stabilization to 95% occupancy, the property is projected to deliver a highly attractive Cap Rate of 14.26% and a Cash-on-Cash Return of 16.24%. Opportunistic Upside - Stabilizes to a 14% CAP and 16% Cash-on-Cash Return
Exclusively Listed By
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