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    Warehouse-Office Condo with Drive-In Title is generated by Realmo AI

    2760 Beverly Drive, Aurora, IL 60502

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    COMMERCIAL - Aurora, IL

    Type:Office
    Property size:
    5,100 SF
    Added:
    Jun 3, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 4 at 1:06 pm

    Property Features for 2760 Beverly Drive

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Zoning
    INDUS
    Standard status
    Active

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    2002
    Floors in Building
    1

    We can help!

    Listing Contact
    Cassandra Lopez

    Listing agent Cassandra Lopez

    Listing office Wheatland Realty 2020 Calamos Court, #200, Naperville, IL

    Listing date Jun 3, 2026

    MLS# 12663921

    Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Warehouse‑industrial Class A condo with approx 3,300 SF warehouse plus approx 900 SF 2nd‑floor loft for extra office or storage
    • Includes approx 900 SF office space with 4 offices and a common reception area
    • Private 12x14 drive‑in door opens to the common loading dock in the back
    • Two rest rooms near the office area, accessible upon entry to the warehouse
    • Central air (cooling) and year built 2002
    • Minutes to I‑88 interchanges at Farnsworth and Eola Rd

    Overview

    This Warehouse-Industrial Class A condo includes approximately 3,300 square feet of warehouse space, paired with about 900 square feet of office space. The office component is configured with four offices plus a common reception area. For additional flexibility, there is a second-floor loft of approximately 900 square feet that can support extra office needs or storage.

    The warehouse includes two rest rooms near the office area, located upon entry for convenience. A private 12x14 drive-in door opens to the common loading dock at the rear of the building. The space is offered for rent in Aurora under INDUS zoning, and the property is described as minutes from two full interchanges at I-88 (Farnsworth and Eola Rd.).

    This layout suits users who want on-site office coverage alongside functional industrial space, with the loft providing optional room for overflow work or inventory. Tenants are responsible for all utilities and the alarm system if they choose to transfer service, so operators should plan for independent utility and security coordination.
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial Measurement Systems, ... Research And Product Development Restoration Plumbing Plumbing Service DSI Glass Kitchen & Bath Showroom Restoration Techs Hardware & Home Improvement Accurate Wire & Insulation General Contractor

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Aurora
    County
    Kane
    State
    Illinois
    Longitude
    -88.2728293
    Latitude
    41.812285

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    FAQs

    What type of property is this?
    Flex space - Industrial condo features dedicated office space, a drive-in door to the loading dock, and flexible loft for office or storage.
    Where is this flex space located?
    The property is located at 2760 Beverly Drive Aurora, IL.
    What are key features of this property?
    This property features: Warehouse‑industrial Class A condo with approx 3,300 SF warehouse plus approx 900 SF 2nd‑floor loft for extra office or storage; Includes approx 900 SF office space with 4 offices and a common reception area; Private 12x14 drive‑in door opens to the common loading dock in the back
    (630) 973-8932
    We can help!
    Listing Contact
    Cassandra Lopez
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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