Active

40 N Tower Road

Oak Brook IL, 60523

$1,000,000


$9.57 per sqft

Active

104,544 sqft

Commercial

Built in 1976

Courtesy of Sperry Van Ness

Huge Price Reduction! Full-service restaurant and banquet facility available in Chicago's affluent suburb of Oak Brook. Ground floor commercial condo beneath 176 residential units. Soaring ceiling heights, hardwood floors, and exposed brick are among the features of this spacious buildout. The site benefits from high traffic counts and strong demographics. Surrounded by office and residential developments, corporate headquarters, and Chicago's #1 suburban retail corridor, this long-time restaurant location can take advantage of lunch and dinner clientele. The property has incredible signage exposure with an awning, lawn and highly visible pylon signage facing Butterfield Rd (Rt. 56). There are also 51 dedicated parking spaces. This location has been a destination restaurant space in the Oak Brook area for over 40 years. Also available for lease at $18/SF NNN. Please do not disturb the tenant's employees or customers.

11967253

MLS ID

February 5, 2024

Listed

March 28, 2024

Updated

Map

40 N Tower Road
Oak Brook IL, 60523

Interior Features

Total Stories

15


Fireplace

No


Cooling

Yes


Cooling Description

Central Individual


Heating

No

Exterior/Building Features

Lot Size

2.4 Acres

Other Property Details

Area Name

Oak Brook


Taxes

$33,125


Tax Frequency

Annually


Days on Market

43


Garage

No


View

No


County

DuPage


Municipality

York


Pool

No


Zoning

COMMR

Listing History

Date

Event

Price

3/13/2024

Price Change

$1,000,000

-17%

Courtesy of Sperry Van Ness, Wayne Caplan,
Listing Contact: 773-793-7294 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than The Schiller Team are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 3/28/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 4:40 AM UTC, 3/28/2024

 

 

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