Up to 15,678 SF Office Building Available for Owner/User to Occupy

Highlights

• Asking Price: $2,300,000.00
• Available Space to Occupy: 15,678 SF (12,295 SF 1st Floor / 3,383 SF 2nd Floor)
• Proforma Income: $229,734 Annually
• Proforma 2023 Expenses: $133,751 ($5.52 PSF)
• Year Built: 1983
• Building Square Feet: 24,231
• Parking Ratio: 4.25 /1,000 SF
• Zoning: ORA-1
• Pin: 06-24-306-005

Description

Versa Real Estate Services, as exclusive listing agent, is offering for sale an
opportunity to acquire the fee simple interest at 619 Enterprise Drive Oak Brook,
Illinois. The property is located on Enterprise Drive, one of the few areas in
Oak Brook allowing for a purchaser to own and acquire a building under 25,000 SF.
619 Enterprise is a multi-tenant 24,231 SF office building built in 1983 featuring
covered parking and is situated on 0.55 acres. This is a rare opportunity for an
owner/occupant to utilize up to 15,678 SF in the building while collecting cash flow from the other tenants. The entire 12,295 SF is available on the first floor of the property. There is also an additional 3,383 SF on the second floor available to occupy or lease out.

Based on the asking price with a 20% down payment, market lending assumptions and income/expense assumptions, an owner/user could occupy the entire first floor at a significant lower cost than leasing a space in the area with an effective cost of
ownership under $12.00 PSF MG on an annual basis.

On Enterprise Drive near the intersection of Enterprise Drive (Jorie Blvd) and 22nd Street

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