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INVESTMENT HIGHLIGHTS
- Located in one of Chicago's major suburban hubs
- Ideal turnkey opportunity for educational, health care or traditional office users
- Athletico Corporate offices occupy third floor
- Ideal Owner/User Opportunity; First two levels are vacant with high end build out - former nursing/healthcare university
- Well designed for immediate owner/user, re-tenanting or redevelopment
- Price is subject to offer
EXECUTIVE SUMMARY
Price is subject to offer.
CLEARWATER CENTER is a premier, three-story, multi-tenant office building located at 2122 York Road in the heart of Oak Brook, Illinois. The property encompasses approximately 127,446 rentable square feet and currently maintains 34% occupancy, with Athletico occupying the entire third floor as its corporate headquarters.
Strategically situated at the high-traffic intersection of 22nd Street and York Road—Oak Brook’s main east-west retail corridor—Clearwater Center offers excellent accessibility and visibility. The site benefits from over 25,000 vehicles per day (VPD) on 22nd Street. A prominent monument sign and building signage provide strong identity opportunities for owners or anchor tenants.
Originally constructed in 1978, the building underwent a full-scale renovation in 2020, transforming it into a modern, Class A office facility. Amenities include a newly designed lower level featuring two state-of-the-art conference centers, a stylish tenant lounge with a fireplace and Wi-Fi access, and an outdoor tenant patio on the first floor. Expansive window lines provide scenic views of the Butler National Golf Club for the building and also close proximity to the Oak Brook Golf Club. Ample on-site and shared parking is available as part of the Clearwater Center Development, which includes retail and dining establishments such as Chipotle, Jason’s Deli, and Egg Harbor Café, as well as The Sheridan at Oak Brook.
Clearwater Center offers an excellent opportunity for an owner/user or investment buyer with significant upside potential through the lease-up of approximately 88,489 square feet of available space. The third floor is fully occupied by Athletico’s corporate headquarters, providing a stable income stream, while the first and second floors—recently vacated by Oak Point University—offer a turnkey opportunity for educational, healthcare training, or traditional office users.
The prior university buildout includes classrooms, training labs, administrative offices, and specialized healthcare spaces, making it ideal for immediate re-tenanting or redevelopment into multi-tenant layouts. There is also an additional 4,183 rentable square feet available on the lower level.
CLEARWATER CENTER is a premier, three-story, multi-tenant office building located at 2122 York Road in the heart of Oak Brook, Illinois. The property encompasses approximately 127,446 rentable square feet and currently maintains 34% occupancy, with Athletico occupying the entire third floor as its corporate headquarters.
Strategically situated at the high-traffic intersection of 22nd Street and York Road—Oak Brook’s main east-west retail corridor—Clearwater Center offers excellent accessibility and visibility. The site benefits from over 25,000 vehicles per day (VPD) on 22nd Street. A prominent monument sign and building signage provide strong identity opportunities for owners or anchor tenants.
Originally constructed in 1978, the building underwent a full-scale renovation in 2020, transforming it into a modern, Class A office facility. Amenities include a newly designed lower level featuring two state-of-the-art conference centers, a stylish tenant lounge with a fireplace and Wi-Fi access, and an outdoor tenant patio on the first floor. Expansive window lines provide scenic views of the Butler National Golf Club for the building and also close proximity to the Oak Brook Golf Club. Ample on-site and shared parking is available as part of the Clearwater Center Development, which includes retail and dining establishments such as Chipotle, Jason’s Deli, and Egg Harbor Café, as well as The Sheridan at Oak Brook.
Clearwater Center offers an excellent opportunity for an owner/user or investment buyer with significant upside potential through the lease-up of approximately 88,489 square feet of available space. The third floor is fully occupied by Athletico’s corporate headquarters, providing a stable income stream, while the first and second floors—recently vacated by Oak Point University—offer a turnkey opportunity for educational, healthcare training, or traditional office users.
The prior university buildout includes classrooms, training labs, administrative offices, and specialized healthcare spaces, making it ideal for immediate re-tenanting or redevelopment into multi-tenant layouts. There is also an additional 4,183 rentable square feet available on the lower level.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
127,446 SF
Building Class
A
Year Built/Renovated
1978/2020
Percent Leased
34%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
42,482 SF
Slab To Slab
11’
Building FAR
0.71
Lot Size
4.13 AC
Zoning
04 - Commercial
AMENITIES
- Property Manager on Site
PROPERTY TAXES
| Parcel Number | 06-24-308-015 | Improvements Assessment | $1,987,483 |
| Land Assessment | $1,178,737 | Total Assessment | $3,166,220 |
PROPERTY TAXES
Parcel Number
06-24-308-015
Land Assessment
$1,178,737
Improvements Assessment
$1,987,483
Total Assessment
$3,166,220
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2122 York Rd
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