745 Mcclintock Dr - Office FOR SALE


Burr Ridge, IL 60527
$6,375,000 USD
630-642-6620
745 Mcclintock Dr, Burr Ridge, IL for Sale
$6,375,000 USD
Office - FOR SALE
1/8
null | 9.4% Cap Rate

745 Mcclintock Dr
Burr Ridge, IL 60527


HIGHLIGHTS

  • Beautiful lobby features granite flooring with wood paneled walls.
  • Easy access with ample parking making this location great for clients and employees.
  • Easily accessible to I-55 and all major expressways via County Line Road.
  • Close proximity to abundant amenities such as restaurants, hotels, health clubs, and more.

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 the Tri-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 14.38% and a Cash-on-Cash Return of 17.15%. Opportunistic Upside - Stabilizes to a 14% CAP and 17% Cash-on-Cash Return

FOR SALE DETAILS

PRICE

$6,375,000 USD

PRICE/SF

$103 USD /SF

CAP RATE

9.4%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Burr Ridge Business Center

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

258

LAND DETAILS

LAND ACRES

3.51 AC

LAND SF

152,896 SF

ZONING

L-I, Burr Ridge

APN/PARCEL ID

18-30-303-009-0000

ASK ABOUT THIS PROPERTY

John AbujaMarcus & MillichapMore Info
630-642-6620

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

John AbujaMarcus & MillichapMore Info
630-642-6620

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.