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    1 Summit Ave Oakbrook Terrace, IL 60181

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    For Lease
    $34 SF/Yr ($8,151 /Mo)

    Medical office space with synergistic co-tenants, near Elmhurst Hospital.

    Property size:
    2,877 SF
    Lot size:
    2.36 Acres

    Property Features for 1 Summit Ave

    General Information

    Size
    2,877 SF
    Lot size
    2.36 Acres

    Source: NAI Hiffman | Oakbrook Terrace Agent Brian Edgerton

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

    Overview

    Medical Office Space For Rent

    This property is designed for exclusive medical tenancy and is anchored by Loyola Medicine. It is located 3 miles from Elmhurst Hospital. The property features a synergistic mix of co-tenant medical specialties and services, including an ambulatory surgery center, immediate care, primary care, pediatrics, dermatology, dentistry, OB/GYN, a fertility center, imaging services, otolaryngology, rehabilitation services, cosmetic surgery, and orthopedics. The property offers 2877 square feet of space and is located in Oakbrook Terrace, IL.
    Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Oakbrook Terrace
    County
    DuPage
    State
    Illinois
    Longitude
    -87.9725558
    Latitude
    41.8599098

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    FAQs

    What type of property is this?
    Medical office - Medical office space with synergistic co-tenants, near Elmhurst Hospital.
    Where is this medical office located?
    The property is located at 1 Summit Ave Oakbrook Terrace, IL.
    What is the lease rate?
    The lease rate is $34 SF/Yr.
    What are key features of this property?
    This property features: - Anchored by Loyola Medicine.; - Exclusive 100% medical tenancy.; - Synergistic mix of co-tenant medical specialties and services.
    (630) 932-1234
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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 Summit Ave Oakbrook Terrace, IL 60181
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