See Home Value
Bolingbrook 60440
425 Quadrangle Drive
$2,864,394*
Commercial - Off Market

425 Quadrangle Drive

Bolingbrook, IL 60440
bedrooms
Studio
bathrooms
0 Bath
square feet
22800 Sqft
$2,430,000 - $2,970,000
Reference Base Price*
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

This professionally managed, 100% fully leased, office building has 22,800 of gross rentable sf or 19,725 of net rentable sf, of professional office spaces on three levels. The entire top floor has been leased by a Texas energy company (for the past ten years) that has been in business for 32 years. They have recently indicated that they will renew for another three year lease term or they are willing to vacate the space for a buyer wishing to occupy their 7,135 sf (net), 7,600 sf (gross) of office space. The entire lower level is leased by a direct selling retail marketer that has been in the building for nine years. The first floor has four tenants, one of which has been there six years. All floors have women and men bathrooms. The second floor has a full kitchen area.

The manager has listed the unit size as 22800 square feet.
Unit Size
22,800Ft²
Days on Market
-
Land Size
1.60 acres
Price per sqft
$118
Property Type
Commercial
Property Taxes
$4,362
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Dec 7, 2022 No longer available -
No longer available
Sep 8, 2022 In contract -
In contract
Jun 7, 2022 Price Decreased $2,700,000
↓ $300K (10%)
Price Decreased
May 4, 2022 Price Decreased $3,000,000
↓ $150K (4.8%)
Price Decreased
Mar 17, 2022 Price Decreased $3,150,000
↓ $150K (4.6%)
Price Decreased
Show More

Property Highlights

Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210412
04/12/2021
Loft
-
22800 ft²
$3,650,000
bedrooms
Loft
bathrooms
-
square feet
22800 ft²
-
-
-
John Dunholter
Brummel Properties, Inc.

Building Info

425 Quadrangle Drive 425 Quadrangle Drive, Bolingbrook, IL 60440
More about this Building
425 Quadrangle Drive
Want to find out who owns 425 Quadrangle Drive, Bolingbrook, IL 60440? Get detailed property transactions here .

About Bolingbrook


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 228 Monroe Road, Bolingbrook, IL, 60440

$2,000 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,180 ft²
228 Monroe Road, Bolingbrook, IL, 60440 Listing by Janet Brown
Unit for rent at 440 West Boughton Road, Bolingbrook, IL, 60440

$22 /mo

  • Studio
440 West Boughton Road, Bolingbrook, IL, 60440 Listing by Edward Lukasik
Unit for rent at 305 W Briarcliff Road, Bolingbrook, IL, 60440

$17 /mo

  • Studio
305 W Briarcliff Road, Bolingbrook, IL, 60440 Listing by Thomas Bezanes


Quantcast