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    3691 DARLENE Court unit 102 Aurora, IL 60504

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    For Lease
    Contact for pricing

    COMMERCIAL - Aurora, IL

    Type:Office
    Lot size:
    0.72 Acres
    Added:
    Jul 9, 2025
    Days on Market:
    266
    Last Refresh:
    Mar 31 at 11:06 pm

    Property Features for 3691 DARLENE Court unit 102

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Zoning
    COMMR
    Standard status
    Active
    Lot size
    0.72 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    2005
    Floors in Building
    1
    Number of units
    4

    We can help!

    Listing Contact
    Karen Kramford
    Karen Kramford

    Listing agent Karen Kramford License #475143332

    Listing office Century 21 Circle 1288 Rickert Dr. Ste. 300, Naperville, IL

    Listing date Jul 9, 2025

    MLS# 12415495

    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.

    Overview

    Former Daycare Space in Aurora

    This 1,500-square-foot space, formerly used as a childcare and daycare facility, features an open area, one office, and two children's bathrooms. It also includes a fenced outdoor play area. The space is equipped with individually controlled HVAC systems. The tenant is responsible for all utilities. Located in the upscale Meadow Lakes Corporate Park, this single-story brick building offers parking for up to 31 cars. The asking rent includes pass-throughs and taxes. The property is strategically positioned for convenient access to the residential and business communities of Naperville, Plainfield, Oswego, and Aurora. It is situated near the intersection of Ogden Avenue (US-34) and 75th Street, with easy access to Eola Road and IL-59. The location is also close to educational and cultural facilities, retail shopping, a variety of dining options, parks, recreational areas, and entertainment activities. The property is zoned COMMR and sits on a 0.72-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apollo Music Inc Vocational School ShruthiLaya Vocational School MKH Early Education ... High School

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • Emma's Loving Hands Child Care — 1220 Andover Cir, Aurora, IL 60504
    • Learning Ladder Academy Aurora, Illinois — Nicholas Ct, Aurora, IL 60504
    • Nurturing Nido — 3203 Bremerton Ln, Aurora, IL 60504
    • MKH Early Education Center — 3691 Darlene Ct, Aurora, IL 60504
    • Kidz Journey — 4095 Heinz Dr, Aurora, IL 60504

    Location Insight

    • Map
    • Local Demand
    City
    Aurora
    County
    Kane
    State
    Illinois
    Longitude
    -88.2251429
    Latitude
    41.7422147

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    FAQs

    What type of property is this?
    Day care center - 1,500 SF daycare space with fenced outdoor play area.
    Where is this day care center located?
    The property is located at 3691 DARLENE Court unit 102 Aurora, IL.
    What are key features of this property?
    This property features: Former childcare/daycare space featuring an open area, office, children's bathrooms, and a fenced outdoor play area.; Located in upscale Meadow Lakes Corporate Park with ample parking (31 spaces).; Strategic location with easy access to Naperville, Plainfield, Oswego, and Aurora.
    (630) 369-2000
    We can help!
    Listing Contact
    Karen Kramford
    Karen Kramford
    Real Estate License ID: 475143332
    Learn More
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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.

    More about this property
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