Oakbrook Office
2625 Butterfield Rd, Oak Brook, IL 60523
214,767 SF
About
Oakbrook Office is a large-scale office redevelopment opportunity located in Oak Brook, Illinois, the most desirable and high-performing commercial submarket in the Chicago region. Positioned along Butterfield Road with access to two signalized intersections and excellent visibility from I-88, the property benefits from exceptional exposure, access, and proximity to the region’s strongest retail and employment drivers.
The 214,767-square-foot office building sits on approximately 10.4 acres, with an additional 4 acres of easement parking in partnership with ComEd, providing significant parking capacity and future flexibility. The asset was acquired through a note purchase from Busey Bank, with ownership of both the note and deed secured at a substantial discount—resulting in an approximate 17% cap rate at acquisition.
The project is currently in the process of being redeveloped into a modern office environment with an integrated retail component, positioning the property to capitalize on its irreplaceable location within the number-one trade area in the Chicago market. The site is located near Oakbrook Mall, the highest-revenue regional mall in the surrounding seven-state area.
What Makes This Project Special
2625 Oakbrook Office combines a rare basis opportunity with an A+ market location and freeway visibility. Its scale, exposure, and positioning within the strongest retail and office submarket in the Midwest make it a compelling redevelopment story with long-term upside.
Project Highlights
214,767 SF office building on 10.4 acres
Additional 4 acres of easement parking with ComEd
Strong visibility from I-88 and Butterfield Road
Redevelopment into office with retail component underway
Prime access via two signalized intersections