Log In/Sign Up
Your email has been sent.
Burr Ridge Business Center 745 Mcclintock Dr 62,148 SF Office Building Burr Ridge, IL 60527 $8,898,990 CAD ($143.19 CAD/SF) 9.40% Cap Rate
INVESTMENT HIGHLIGHTS
- Beautiful lobby features granite flooring with wood paneled walls.
- Easily accessible to I-55 and all major expressways via County Line Road.
- Easy access with ample parking making this location great for clients and employees.
- Close proximity to abundant amenities such as restaurants, hotels, health clubs, and more.
EXECUTIVE SUMMARY
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.
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.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
62,148 SF
Building Class
B
Year Built
1989
Price
$8,898,990 CAD
Price Per SF
$143.19 CAD
Cap Rate
9.40%
NOI
$836,505 CAD
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
20,716 SF
Slab To Slab
10’
Building FAR
0.41
Lot Size
3.51 AC
Zoning
L-I, Burr Ridge - Light Industrial
Parking
258 Spaces (4.1 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Signage
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
2,091 SF Delivery within 30 Days
994 SF Delivery within 30 Days
835 SF Delivery within 30 Days
1,048 SF Delivery within 30 Days
1,820 SF with 4 private offices and a break area.
2,160-5,855 SF (flexible space options)
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 220 A | 2,091 SF | Office | Partial Build-Out | 30 Days |
| 2nd Fl-Ste 220 B | 994 SF | Office | Partial Build-Out | 30 Days |
| 2nd Fl-Ste 220 C | 835 SF | Office | Partial Build-Out | 30 Days |
| 2nd Fl-Ste 220 D | 1,048 SF | Office | Partial Build-Out | 30 Days |
| 2nd Fl-Ste 227 | 1,820 SF | Office | Full Build-Out | Now |
| 3rd Fl-Ste 320 | 2,160-5,855 SF | Office | Partial Build-Out | Now |
2nd Fl-Ste 220 A
| Size |
| 2,091 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| 30 Days |
2nd Fl-Ste 220 B
| Size |
| 994 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| 30 Days |
2nd Fl-Ste 220 C
| Size |
| 835 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| 30 Days |
2nd Fl-Ste 220 D
| Size |
| 1,048 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| 30 Days |
2nd Fl-Ste 227
| Size |
| 1,820 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Fl-Ste 320
| Size |
| 2,160-5,855 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Fl-Ste 220 A
| Size | 2,091 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | 30 Days |
2,091 SF Delivery within 30 Days
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Fl-Ste 220 B
| Size | 994 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | 30 Days |
994 SF Delivery within 30 Days
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Fl-Ste 220 C
| Size | 835 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | 30 Days |
835 SF Delivery within 30 Days
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Fl-Ste 220 D
| Size | 1,048 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | 30 Days |
1,048 SF Delivery within 30 Days
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Fl-Ste 227
| Size | 1,820 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
1,820 SF with 4 private offices and a break area.
1 of 3
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
3rd Fl-Ste 320
| Size | 2,160-5,855 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
2,160-5,855 SF (flexible space options)
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
2020 Population
4,957
57,958
193,955
2024 Population
5,148
58,791
198,989
Population Growth '20-'24
3.9%
1.4%
2.6%
2020 Households
2,031
23,357
74,288
2024 Households
2,074
23,487
75,651
Household Growth '20-'24
2.1%
0.6%
1.8%
Average Age
49
45
42
Median Household Income
$133,138
$108,425
$100,361
Daytime Employees
7,038
32,958
85,815
Total Businesses
894
3,567
10,354
College Degree + Higher
61%
51%
50%
$ values in USD
PROPERTY TAXES
| Parcel Number | 18-30-303-009-0000 | Improvements Assessment | $1,987,124 CAD |
| Land Assessment | $375,378 CAD | Total Assessment | $2,362,502 CAD |
PROPERTY TAXES
Parcel Number
18-30-303-009-0000
Land Assessment
$375,378 CAD
Improvements Assessment
$1,987,124 CAD
Total Assessment
$2,362,502 CAD
1 of 9
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Burr Ridge Business Center | 745 Mcclintock Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.