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Investment Highlights

  • SELLER HAS AN EXISTING CONDITIONS REPORT, WHICH THEY ARE WILLIG TO SHARE WITH INTERESTED PARTIES
  • COMMON RESTROOM FACILITIES ARE LOCATED ON EACH FLOOR
  • ADEQUATE COMMON RESTROOM FACILITIES ARE LOCATED ON EACH FLOOR.
  • IDENTIFICATION (MONUMENT) SIGNAGE AT CORNER OF KENSINGTON ROAD AND KENSINGTON COURT.
  • ASPHALT PAVED PARKING LOT AND DRIVES, CONCRETE CURBS AND WALKS
  • THE ROOF INCLUDES A LOOSE LAID “GREEN ROOF” GARDEN, COMPLETE WITH PROFESSIONALLY MAINTAINED PLANTING AND AN IRRIGATION SYSTEM.

Executive Summary

The subject property is located at 1400 Kensington Road in Oak Brook, Illinois and consists of an 84,363 square foot, three-story commercial building situated on approximately ±5.81 acres. Constructed in 1978, the property offers a parking ratio of 3.98 spaces per 1,000 square feet and is zoned Commercial. The site is identified by Parcel Number 06-26-101-007 and benefits from Oak Brook’s established corporate and business environment.
Asking Price $5,483,595 ($65 PSF)

Property Facts Under Contract

Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Office
Building Size
84,363 SF
Building Class
B
Year Built
1978
Price
$5,483,595
Price Per SF
$65
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
28,121 SF
Building FAR
0.33
Lot Size
5.81 AC
Zoning
C - Commercial

Amenities

  • Atrium
  • Conferencing Facility
  • Food Service

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Health Care and Social Assistance
  • 84,363 SF
  • -
  • -

Advocate Health Care is a faith-based nonprofit health system in Illinois. They are dedicated to changing patient expectations by giving them easy access to all they need to stay well, live well and achieve outstanding treatment outcomes. In 2018, Advocate Health Care merged with Aurora Health Care of Wisconsin to form Advocate Aurora Health. And in 2022, Advocate Aurora Health and Atrium Health combined to create Advocate Health, the third-largest nonprofit integrated health system in the U.S. Their mission is to serve the health needs of individuals, families and communities through a holistic philosophy rooted in their fundamental understanding of human beings as created in God's image. With this philosophy, they approach health care by treating people's physical, emotional and spiritual needs.

Tenant Industry SF Occupied Rent/SF Lease End
Health Care and Social Assistance 84,363 SF - -
Fairly walkable
40/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
  • Listing ID: 22141283

  • Date on Market: 2/2/2021

  • Last Updated:

  • Address: 1400 Kensington Rd, Oak Brook, IL 60523

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