Executive Place II

Off-Market

1111 Pasquinelli Drive, Westmont, IL 60559

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 74,831 SF
  • Lot Size 5.52 Acre
  • Parking Spaces Avail. 374
  • Parking Ratio 5.00 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1988

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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Brokers

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Documents

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Sales

  • Purchase Date 10 Sep, 2021
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Westmont

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 Westmont Office Market

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

  • 2022 Avg. Asking Rent $20.79
  • 2022 Office Vacancy Rate 13.48%
  • 2022 Office Completions (SF)
View more Westmont market trends

Location

Getting Around

  • Walk Score ®

    35/100 Car-Dependent
  • Transit Score ®

    12/100 Minimal Transit
  • Bike Score ®

    44/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Westmont, IL
  • Neighborhood Westmont
  • Zip Code 60559
  • Market Chicago

Points of Interest

  • West Hinsdale

    1.72 miles

  • Clarendon Hills

    1.75 miles

  • Hinsdale

    1.97 miles

  • Westmont

    2.17 miles

  • Highlands

    2.29 miles

  • Fairview Avenue

    2.69 miles

  • Western Springs

    2.97 miles

  • Downers Grove Main Street

    3.31 miles

  • Stone Avenue

    4.05 miles

  • LaGrange Road

    4.39 miles

  • Mobil

    0.85 miles

  • Citgo

    1.25 miles

  • Shell

    1.30 miles

  • BP

    1.58 miles

  • Costco Gasoline

    1.59 miles

  • Shell

    1.64 miles

  • Shell

    1.88 miles

  • Speedway

    2.72 miles

  • Thorntons

    2.77 miles

  • Citgo

    2.81 miles

  • Holy Trinity Parking

    2.32 miles

  • Truck Parking

    3.63 miles

  • Pace Bus Hillside Park & Ride

    4.28 miles

  • Calendar Ave Lot

    4.36 miles

  • Harris Ave Lot

    4.40 miles

  • Madison Ave Lot

    4.43 miles

  • Parking Deck

    4.53 miles

  • P8

    4.86 miles

  • P7

    4.99 miles

  • P6

    5.19 miles

  • Extended Stay America

    0.40 miles

  • Best Western Plus

    0.77 miles

  • Chicago Club Inn & Suites

    0.79 miles

  • Oak Brook Hills Marriott Resort

    0.85 miles

  • Hyatt Lodge Oak Brook Chicago

    1.03 miles

  • Chicago Marriott Oak Brook

    1.62 miles

  • Residence Inn

    1.75 miles

  • Holiday Inn

    1.78 miles

  • Le Méridien Chicago - Oakbrook Center

    1.94 miles

  • La Quinta Inn

    1.99 miles

  • Pappadeaux seafood kitchen

    0.26 miles

  • Subway

    0.82 miles

  • Sushi House - Westmont

    0.83 miles

  • Rosati's

    0.85 miles

  • Citrus Diner

    0.86 miles

  • Grill 89

    0.86 miles

  • Bohemian Crystal Restaurant

    1.01 miles

  • ZaZa's

    1.03 miles

  • Wendy's

    1.04 miles

  • Chipotle

    1.06 miles

  • Westmont High School

    0.45 miles

  • Westmont Junior High School

    0.58 miles

  • Brook Forest Elementary School

    1.36 miles

  • Clarendon Hills Middle School

    1.40 miles

  • Notre Dame School

    1.42 miles

  • Monroe Elementary School

    1.46 miles

  • Prospect Elementary School

    1.51 miles

  • C. E. Miller Elementary School

    1.73 miles

  • Butler Junior High School

    1.80 miles

  • J. T. Manning Elementary School

    1.81 miles

  • Bright Horizons

    3.85 miles

  • Kindercare

    3.91 miles

  • Little People's Country

    4.31 miles

  • Tutor Time of Downers Grove

    5.29 miles

  • Alphabet Learning Center

    5.33 miles

  • Montessori Children's Community

    5.38 miles

  • Montessori Children's Place

    5.42 miles

  • Alphabet Learning Center

    5.69 miles

  • KinderCare

    5.89 miles

  • Chesterbrook Academy

    6.07 miles

Frequently Asked Questions

What is the total square footage of Executive Place II?

Executive Place II totals 74,831 square feet.

When was this property built?

Executive Place II was built in 1988.

When was Executive Place II last sold?

Executive Place II was last sold on 10 Sep, 2021.

What is the property tax for Executive Place II?

The property tax for Executive Place II in 2022 was $88,132.

What is the market value for Executive Place II?

The market value* for Executive Place II in 2022 was $5,444,400.
*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.

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