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4970 Varsity Dr 24,000 SF Office Building Lisle, IL 60532 $4,000,000 ($166.67/SF)

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INVESTMENT HIGHLIGHTS

  • New main entry construction plan in progress
  • Modern interior building is well suited for the most demanding new owner.
  • Two-story foyer with tiled floor and large double doors for large display items

EXECUTIVE SUMMARY

This award-winning, modern interior building is well suited for the most demanding new owner.
Please contact owner for more details at 630-300-8195 .
4970 Varsity Drive is a 24000 sq. ft. +/-, 3-story, all masonry classic building with a modern interior. It has a full basement suited for storage that is an addition to the stated floor area. Built in 2000.
Full surveys, construction drawings, and maintenance records, and photos are available. While not every detail is listed below, these unique points distinguish this property from all the other properties in the Lisle Business Park:
Zoned heating and cooling
Chiller AC replaced in 2024+Boiler
50-year remaining warranty on the tile roof
Motion detector lights
Parking lot was resurfaced and restriped in 2021
Excellent storm drainage system
120v outlet on the outdoor light poles
The Lisle police refill their vehicles at the property to the west, and security is excellent.
The fire alarm system is monitored by the Lisle Woodridge Fire Protection District
Fully sprinkled building
Two-story foyer with tiled floor and large double doors for large display items
Air lock entry system to deal with inclement weather
Ample electrical service 400 amps
Two well-appointed bathrooms on each floor plus executive bathroom
Well maintained hydraulic elevator by Schindler, serves all floors and basement
Two well-lit wide stairwells
Wide hallways with high-quality durable neutral-colored carpet
Large executive suite office area includes private bathroom and shower.
10ft tall ceilings in all areas plus 2 ft of interspatial space above
Boardroom (18 ft. x 30 ft.) can accommodate up to 30 people
Secure locks enable the space to be independently leased to 6 different tenants.
Two fully plumbed sink and coffee stations on each floor
Centrally located secured computer service server room with cooling and connected throughout the building by fiber optic
Secure Wi-Fi services available throughout the property to support voice over IP phones and reliable communication
Space can be easily subdivided to accommodate different independent groups or tenants
Well-designed classic exterior, modern interior
Ample natural gas for the furnace
HVAC circulation is excellent, filters upgraded to meet COVID
Landscaping being upgraded and improved.
New main entry construction plan in progress

TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes - -
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Owner User
Property Type
Office
Building Size
24,000 SF
Building Class
B
Year Built
2000
Price
$4,000,000
Price Per SF
$166.67
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
8,000 SF
Building FAR
0.34
Lot Size
1.60 AC
Zoning
Commercial - The property is zoned for multiple uses, including educational, laboratory, light assembly, testing and office Hotel/Restaurant under consideration
Parking
122 Spaces (5.08 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-10-110-014
Land Assessment
$204,074
Improvements Assessment
$879,151
Total Assessment
$1,083,225
  • Listing ID: 33193961

  • Date on Market: 8/12/2024

  • Last Updated:

  • Address: 4970 Varsity Dr, Lisle, IL 60532

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