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Warrenville Woods Office

~64,000 SF Warrenville, Illinois, Office Complex

RealINSIGHT Marketplace and NKF Capital Markets are pleased to present the opportunity to acquire the fee-simple interest in 29W100-170 Butterfield Road, a 36% leased office asset in Warrenville, IL.

Property Tours will be conducted on Wednesday, June 13th from 10am – 4pm. Please contact Boris Shraybman (bshraybman@ngkf.com) to schedule a time slot.

Warrenville Woods is a three-story, seven-building, 64,126 SF suburban office complex situated on a 6.57-acre site. The property is currently 36% leased to 22 tenants including Allstate Insurance, JP Edmonds and the Accounting Place. Strategically located 30 miles west of downtown Chicago via I-290 and I-88, the property has access to I-88 via Route 59 and is surrounded by residential and commercial buildings.

 

INVESTMENT HIGHLIGHTS

Strategic LocationThe site is located in an established infill commercial area within a half mile of I-88, which provides direct access to downtown Chicago and O’Hare airport. It is located within the popular Downers Grove/Naperville market and offers access to abundance of amenities including retail, restaurants, as well as attractions such as Top Golf and many prestigious Country Clubs.

Value-Add Lack of new construction and desirable location in the midst of executive housing provides a well-capitalized owner the opportunity to achieve substantial value-add through lease up of the available suites at market level.

Capital Improvements – The complex underwent a substantial renovation project in 2016. This included roof repair & replacement, parking lot repair, window updates, landscape improvements and much more.




 

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Disclaimer: The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions.

Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace, (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property.

You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.

Warrenville Woods Office

29W100-170 Butterfield Road, Warrenville, IL 60555

Expired

Asset Snapshot

  • Asset Type
  • Real Estate
  •  
  • Office Type
  • Suburban Office
  • Property Size
  • 64,126 Sq Ft
  • Land Area
  • 6.57 Acres
  • Year Built
  • 1988
  • Year Renovated
  • 2016
  • Number of Floors
  • 3
  • Number of Buildings
  • 7
  • Parking Count
  • 326
  • Occupancy
  • 36.04%
  • Occupancy as of
  • Apr 30, 2018
  • Platform Fee

    Platform fee for this transaction is 5.00% or a minimum of $25,000.

  • Auctioneer

    1. Scott Bowers

      c/o Fisher Auction Company Inc.

      License: #040000273