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    975 Meridian Lake Dr Aurora, IL 60504

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    For Lease
    $14 SF/Yr

    Corporate headquarters environment with recent renovations and Metra access.

    Property size:
    74,300 SF
    Lot size:
    74,300 SF

    Property Features for 975 Meridian Lake Dr

    General Information

    Size
    74,300 SF

    Source: Jeff Blake, SIOR Agent Jeff Blake, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Office Space Near Metra

    This office space, located in an office business park setting overlooking a lake, offers a corporate headquarters environment. The building underwent renovations in 2022 and is owner-occupied and maintained. The property offers immediate possession and is fully furnished. It is within walking distance of the Route 59 Metra hub. The property size is 74,300 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Optimum Nutrition Corporate Campus J.S. Plastics, Inc. Plastic Fabrication Company AAA Chicago Motor ... Bank Phoenix Closures, Inc. Manufacturer

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Aurora
    County
    Kane
    State
    Illinois
    Longitude
    -88.2120364
    Latitude
    41.7750172

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    FAQs

    What type of property is this?
    Office building - Corporate headquarters environment with recent renovations and Metra access.
    Where is this office building located?
    The property is located at 975 Meridian Lake Dr Aurora, IL.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Lowest Gross Rent in the I-88 Market!; - Walking distance to METRA hub (Route 59); - Fully furnished
    (773) 220-1686
    Request Owner's contact information
    975 Meridian Lake Dr Aurora, IL 60504
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    Realmo Value Estimation

    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.

    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.

    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
    975 Meridian Lake Dr Aurora, IL 60504
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