1S376 Summit Ave
Oakbrook Terrace, IL 60181
1S376 Summit Avenue Unit 4D · Property For Lease

FOR LEASE Office Condominium Oakbrook Terrace, Illinois 60181 1,676 “Gross” Square Feet Location: Terrace Executive Center 1S376 Summit Avenue, Court C, Unit 4-D Oakbrook Terrace, Illinois 60181 Directions: The Terrace Executive Center is located on the west side of Summit Avenue approximately one-half (1/2) mile south of Roosevelt Road and approximately two (2) blocks north of Butterfield Road. Complex Description: The site consists of an interior land parcel containing approximately 2.35 acres, 165’ x 620’ in dimension, zoned B-2 Professional Office under Oakbrook Terrace jurisdiction. The existing contemporary styled, brick and steel constructed, 39,525 square foot structure with partial basement was built in two phases, 1979 and 1981 respectively. Building configuration consists of six (6) modules of approximately 6,000 square feet each with skylighted common vestibule court between modules providing entry/exit access. Asphalt surfaced parking for 151 cars borders the east, north and west property lines with vehicular access provided by Summit Avenue curb-cut. Unit Location: Court C, Unit 4-D Unit Size: 1,676 Gross Square Feet. Units Description: See Floor Plan for current unit layout configuration. Large open area and (2) private offices with supportive galley kitchen, storage closets and washroom. Eight [8] modular work stations available or will be removed if desired. Rent Format: Modified “Gross” lease Rent: $2,200.00 per month – minimum one (1) month’s rent as security deposit; tenant responsible for metered utilities [gas/electric], 2024 R.E. Tax Stop and Certificate of Insurance evidencing liability coverage. Rent to escalate every year of primary term by 3%. Possession: Immediate – Unit is vacant Comments: Roof replaced in 2001, new directory sign 2015, parking lot re-paved 2020 & seal coated 2025, new landscape sprinkler system, decorative metal HVAC roof surrounds and new court skylights 2021. Spring 2022 new landscaping. Fiber Optics internet available.