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    1 S 224 Smt Ave Oakbrook Terrace, IL 60181

    For Lease
    Contact for pricing

    Medical office building with suites available near Elmhurst Hospital.

    Property size:
    49,507 SF
    Lot size:
    49,507 SF

    Property Features for 1 S 224 Smt Ave

    General Information

    Size
    49,507 SF

    Building Details

    Year built
    1986

    Source: Brian Edgerton Agent Brian Edgerton

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

    Overview

    Medical Office Space Near Hospital

    Located at 1 S 224 Summit Avenue in Oakbrook Terrace, Illinois, this property features a 100% medical tenancy, anchored by Loyola Medicine. The building is situated just north of 22nd Street on Summit Avenue and is approximately 3 miles from Elmhurst Hospital. The property offers a synergistic mix of co-tenant medical specialties and services, including an Ambulatory Surgery Center, Immediate Care, Primary Care, Pediatrics, Dermatology, Dentistry, OB/GYN, Fertility Center, Imaging Services, Otolaryngology, Rehabilitation Services, Cosmetic Surgery, and Orthopedics. Available suites include Suite 202 with 1,384 square feet and Suite 302 with 2,877 square feet. The property's total size is 49,507 square feet.
    Location Intelligence

    Current Use by Public Records

    Medical offices

    Similar Places Nearby

    Fair Care Animal Hospital, Villa Park Veterinary Hospital, Elmhurst Animal Care Center

    Map

    City
    Oakbrook Terrace
    County
    DuPage
    State
    Illinois
    Longitude
    -87.9751
    Latitude
    41.8812

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    FAQs

    What type of property is this?
    Medical office - Medical office building with suites available near Elmhurst Hospital.
    Where is this medical office located?
    The property is located at 1 S 224 Smt Ave Oakbrook Terrace, IL.
    What are key features of this property?
    This property features: - Anchored by Loyola Medicine, providing a strong and stable tenant base; - Exclusive 100% medical tenancy, fostering a specialized and collaborative environment; - Synergistic mix of co-tenant medical specialties and services
    (708) 205-4364
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    1 S 224 Smt Ave Oakbrook Terrace, IL 60181
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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
    1 S 224 Smt Ave Oakbrook Terrace, IL 60181
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