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2300 Cabot Dr
Lisle, IL 60532
Office Property For Sale

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Investment Highlights

  • Over $3 million in capital improvements since 2018
  • 57% of RSF leased or renewed since Q3 2023
  • Immediate access to I-88 and Route 53 with proximity to Chicago and O’Hare
  • 86.7% leased with 4.4-year WALT and strong tenant retention
  • Diverse tenant mix across 9 industries

Executive Summary

2300 Cabot Drive is a premier Class A office building located in Lisle, Illinois, offering investors a stabilized asset with significant upside. Spanning five stories and 152,672 square feet, the property is 86.7% leased to a diverse mix of 23 tenants across nine industries. With 57% of rentable square footage newly leased or renewed since Q3 2023, the building demonstrates strong leasing momentum and tenant retention.
Over $3 million in capital improvements since 2018 have transformed the property into one of the best amenitized buildings for small and midsized tenants in the Western East/West Corridor. Enhancements include a renovated conference room, upgraded deli, refreshed corridors and restrooms, and a new exterior patio. Back-of-house upgrades totaling $1.3 million have addressed roofing, HVAC, elevators, landscaping, and parking, minimizing near-term capital needs for future ownership.
Strategically positioned with immediate access to I-88 and Route 53, the property offers excellent connectivity to downtown Chicago (35 minutes) and O’Hare International Airport (25 minutes). The average suite size of 5,077 SF caters to modern tenant footprints, and the building’s 4.4-year WALT provides income stability. With occupancy growth outperforming the competitive set by 22%, 2300 Cabot Drive is a compelling investment opportunity in a high-demand suburban market.

Property Facts Under Contract

Sale Type
Investment
Property Type
Office
Building Size
152,833 SF
Building Class
B
Year Built
1998
Percent Leased
89%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
30,333 SF
Slab To Slab
15’
Building FAR
0.50
Lot Size
7.07 AC
Zoning
OR, Lisle
Parking
687 Spaces (4.5 Spaces per 1,000 SF Leased)

Amenities

  • Atrium
  • Controlled Access
  • Convenience Store
  • Property Manager on Site
  • Energy Star Labeled

Property Taxes

Property Taxes

Parcel Number
08-04-200-042
Land Assessment
$1,587,976
Improvements Assessment
$1,333,598
Total Assessment
$2,921,574
  • Listing ID: 38505432

  • Date on Market: 11/19/2025

  • Last Updated:

  • Address: 2300 Cabot Dr, Lisle, IL 60532

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