850 Warrenville Rd
Lisle, IL 60532
National Louis University · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Positioned within the Chicago MSA – Ranked #3 in the United States for population size
- National Louis University has been operating at this location since 2004 and has executed multiple options which demonstrates commitment to the site
- 2.6% annual rental escalations in the primary term
- National Louis University was founded in 1886 and has over 7,000 students enrolled across Illinois and Florida
- Current rent ($19.52/SF) is below CoStar submarket rent ($21.67/SF)
- Located along Warrenville Road (21,800 VPD) and near Lincoln Avenue (26,800 VPD)
PROPERTY FACTS
Property Type
Office
Building Size
57,350 SF
Building Class
B
Year Built
1985
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
19,117 SF
Building FAR
0.42
Lot Size
3.13 AC
Zoning
OR
Parking
182 Spaces (3.17 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 08-02-101-009 | Improvements Assessment | $373,960 |
| Land Assessment | $498,970 | Total Assessment | $872,930 |
