2211 Butterfield Road

Off-Market

2211 Butterfield Road, Downers Grove, IL 60515

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 52,891 SF
  • Lot Size 5.25 Acre
  • Parking Spaces Avail. 238
  • Parking Ratio 4.50 / 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1996

Location

Getting Around

  • Walk Score ®

    47/100 Car-Dependent
  • Transit Score ®

    29/100 Some Transit
  • Bike Score ®

    37/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Downers Grove, IL
  • Neighborhood Morton Arboretum
  • Zip Code 60515
  • Market Chicago

Points of Interest

Belmont

2.51 miles

Downers Grove Main Street

2.90 miles

Lisle

3.00 miles

Fairview Avenue

3.38 miles

Glen Ellyn

3.40 miles

College Avenue

3.73 miles

Lombard

3.86 miles

Westmont

3.99 miles

Wheaton

4.52 miles

Clarendon Hills

4.96 miles

Mobil

0.92 miles

BP

0.93 miles

BP

1.08 miles

Mobil

1.62 miles

Shell

1.73 miles

Delta

1.86 miles

Mobil

1.99 miles

BP

2.07 miles

Speedway

2.17 miles

Shell

2.26 miles

P8

1.43 miles

P7

1.44 miles

P6

1.51 miles

P17

1.71 miles

College 1A

1.71 miles

College 1

1.77 miles

P5

1.79 miles

College 2

1.85 miles

Fawell A

1.86 miles

P2

1.94 miles

DoubleTree Suites by Hilton Hotel & Conference Center Chicago – Downers Grove

0.14 miles

Comfort Inn

0.52 miles

Extended Stay America

0.54 miles

Holiday Inn Express

0.64 miles

Esplanade Lakes by DoubleTree

0.64 miles

Chicago Marriott Suites Downers Grove

0.67 miles

Red Roof Inn

1.11 miles

SureStay Plus Hotel

1.73 miles

Extended Stay America

1.77 miles

Inn at Water's Edge

1.83 miles

Deli Time

0.30 miles

Cooper's Hawk

0.33 miles

Outback Steakhouse

0.54 miles

Subway

0.54 miles

Zoup!

0.55 miles

Juicy-O

0.55 miles

Chama Gaúcha Brazilian Steakhouse

0.56 miles

Fuddruckers

0.62 miles

Arby's

0.62 miles

Mission BBQ

0.63 miles

Butterfield Elementary School

0.42 miles

Westfield Elementary School

0.89 miles

Belle Aire Elementary School

1.40 miles

Arbor View Elementary School

1.43 miles

Saint James the Apostle School

1.64 miles

Glen Crest Junior High School

1.66 miles

Glenbard South High School

1.69 miles

Glenn Westlake Middle School

1.72 miles

Manor Hill Elementary School

1.77 miles

Park View Elementary School

1.81 miles

Bright Horizons

0.58 miles

Chesterbrook Academy

2.72 miles

Kindercare

3.21 miles

Kindercare

4.55 miles

KinderCare

5.04 miles

KinderCare

5.40 miles

Tutor Time of Downers Grove

5.88 miles

Crème de la Crème

6.66 miles

Peter Day

6.75 miles

The Compass School

6.77 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 10 Nov, 2014
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Downers Grove

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Downers Grove Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2021 Avg. Asking Rent $26.87
  • 2021 Office Vacancy Rate 16.27%
  • 2021 Office Completions (SF)

Downers Grove Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2021 Avg. Price per SF $145.88
  • Y-o-Y Avg. PpSF Change -31.38%
  • 2021 Office Sales Volume $82.1M
  • 2021 Number of Transactions 4
View more Downers Grove market trends

Frequently Asked Questions

What is the total square footage of 2211 Butterfield Road?

2211 Butterfield Road totals 52,891 square feet.

When was this property built?

2211 Butterfield Road was built in 1996.

When was 2211 Butterfield Road last sold?

2211 Butterfield Road was last sold on 10 Nov, 2014.

What is the property tax for 2211 Butterfield Road?

The property tax for 2211 Butterfield Road in 2021 was $120,128.

What is the market value for 2211 Butterfield Road?

The market value* for 2211 Butterfield Road in 2021 was $6,292,080.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

Tax

  • Property Tax in 2021 $120,128
  • Market Value* $6,292,080
  • Assessed Value $6,292,080

Find more tax info, including assessment history and abatements, on CommercialEdge.

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

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