www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33490068
33490069

16W347 83rd St, Burr Ridge, IL 60527

JA
IL 471.007675
Marcus & Millichap - Chicago Downtown
Listed by Marcus & Millichap - Chicago Downtown
$6,950,000
0 days on market
Updated 0 days ago

Burr Ridge, IL : Woodland Park Offices

Details
Property Type Office
Sub Type Traditional Office, Executive Office (+1)
Square Footage 51,142
Net Rentable (SqFt) 51,142
Cap Rate 10.89%
NOI $756,732
Occupancy 100%
Tenancy Multi
Lease Type Gross
Price per SqFt $136
Class B
Year Built 1985
Year Renovated 2026
Buildings 8
Stories 1
Acreage 4.590
Zoning Commercial
Investment Type Stabilized

Office | 10.89% CAP | 51,142 SqFt

Marketing description

Marcus & Millichap is proud to offer this eight building, single-story 51,142 SF office complex located in a professional park setting in prestigious Burr Ridge, IL. The investment offers attractive bank financing at 4.50 percent through 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, IL 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, on-site management, flexible floor plans and an ideal location off of I-55.

Investment highlights

  • DuPAGE COUNTY TAXES - NOT COOK!
  • Abundant Parking Throughout the 8 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.

Listing Contacts

JA
IL 471.007675
Marcus & Millichap - Chicago Downtown
Listed by Marcus & Millichap - Chicago Downtown

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$756,732.00
$63,061.00/mo

Valuation Metrics

0
DSCR
10.89%
Cap Rate
10.89%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591