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    505 W Grand Ave Elmhurst, IL 60126

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    For Lease
    Contact for pricing

    22,600 SF office building on 3.44 acres available for rent.

    Property size:
    22,600 SF
    Lot size:
    3.44 Acres

    Property Features for 505 W Grand Ave

    General Information

    Size
    22,600 SF
    Lot size
    3.44 Acres

    Source: CBRE | Chicago Agent Mario Melone

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

    Overview

    Elmhurst Office Building For Rent

    This +/-22,600 SF building is situated on +/- 3.44 acres of land. The property is zoned I-1. Originally constructed in 1997, it was renovated in 2018. The building was formerly a car dealership but was converted to a high-end office space. It can be easily converted back to its previous use.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Elmhurst
    County
    DuPage
    State
    Illinois
    Longitude
    -87.9580763
    Latitude
    41.9297821

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    FAQs

    What type of property is this?
    Office building - 22,600 SF office building on 3.44 acres available for rent.
    Where is this office building located?
    The property is located at 505 W Grand Ave Elmhurst, IL.
    What are key features of this property?
    This property features: - +/-22,600 SF Building on +/- 3.44 Acres of land; - Renovated in 2018; - Former car dealership converted to high-end office
    (312) 935-1400
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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
    505 W Grand Ave Elmhurst, IL 60126
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