Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    183 South Bloomingdale Rd Bloomingdale, IL 60108

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $18 SF/Yr

    Move-in ready medical/dental office space in a visible location.

    We can help!

    Listing Contact
    Scott Fitzgerald
    Scott Fitzgerald
    Source: Jrossiandassociates

    Listing Agent: Scott Fitzgerald

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

    Learn more

    Overview

    Bloomingdale Medical/Dental Office Space

    Located on South Bloomingdale Road, this property offers leasing opportunities for fully built-out, second-generation dental and medical office spaces. The existing layouts are designed to reduce startup time and build-out costs for incoming dentists or specialists. This location is suitable for a start-up, relocation, or satellite office.
    Location Intelligence

    Current Use by Public Records

    Medical Office Space

    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

    Animal Environment Specialists

    Location Insight

    • Map
    • Local Demand
    City
    Bloomingdale
    County
    DuPage
    State
    Illinois
    Longitude
    -88.0795102
    Latitude
    41.9502415

    Nearby Similar for Lease

    • New
      Contact for pricing
      69,696 SF

      Bloomingdale Professional Office Space Available

      Professional office building with customizable suites in prime Bloomingdale location.
      290 Springfield Dr, Bloomingdale, IL 60108
      View Details
    • Contact for pricing

      Bloomingdale Office Space For Lease

      Premier office space in Bloomingdale with flexible layouts.
      150 S Bloomingdale Rd, Bloomingdale, IL 60108
      View Details
    • Contact for pricing

      Office Space in Bloomingdale, IL

      Office space for rent with included utilities and private bathroom.
      201 E Army Trail Rd, Bloomingdale, IL 60108
      View Details
    • Contact for pricing

      Office Space in Bloomingdale, IL

      Office space for rent with utilities included.
      201 E Army Trail Rd, Bloomingdale, IL 60108
      View Details
    • Contact for pricing

      Retail Space in Bloomingdale Square

      Prime retail location with high visibility and ample parking.
      394 West Army Trail Rd, Bloomingdale, IL 60108
      View Details
    • Contact for pricing
      3,000 SF

      Bloomingdale Retail Space For Rent

      Retail space available in a premier power center in Bloomingdale.
      318-328 W Army Trail Rd, Bloomingdale, IL 60108
      View Details
    • Contact for pricing
      1,575 SF

      Bloomingdale Retail Space For Rent

      Retail space available in a premier power center.
      366 W Army Trail Rd, Bloomingdale, IL 60108
      View Details
    • Contact for pricing
      23,110 SF

      Bloomingdale Retail Space For Rent

      Retail space available in premier power center in Bloomingdale, IL.
      300 W Army Trail Rd, Bloomingdale, IL 60108
      View Details
    • Contact for pricing
      72,221 SF

      Former Grocery Store Box Available

      72,221 SF retail space in high-traffic Bloomingdale location.
      144 South Gary Ave, Bloomingdale, IL 60108
      View Details
    • $1,975 /Mo
      1,050 SF

      Office Space in Bloomingdale

      Office space available for lease in Bloomingdale, Illinois.
      112 S Bloomingdale Rd, Bloomingdale, IL 60108
      View Details
    • Contact for pricing

      Auto Care Center Retail Space

      Multi-tenant auto care center near Stratford Regional Mall.
      250-349 Gary Ave, Bloomingdale, IL 60108
      View Details
    • Contact for pricing
      6,470 SF

      Former Restaurant Space on Army Trail

      Restaurant/Retail space with high traffic and multiple access points.
      391 W Army Trail Rd, Bloomingdale, IL 60108
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Move-in ready medical/dental office space in a visible location.
    Where is this medical office space located?
    The property is located at 183 South Bloomingdale Rd Bloomingdale, IL.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Fully built-out dental & medical office spaces.; - Highly visible Bloomingdale location.; - Significantly reduced startup time.
    (312) 523-3176
    Request Owner's contact information
    183 South Bloomingdale Rd Bloomingdale, IL 60108
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    183 South Bloomingdale Rd
    Bloomingdale, IL 60108
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    183 South Bloomingdale Rd Bloomingdale, IL 60108
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Scott Fitzgerald
    Scott Fitzgerald
    (312) 523-3176 (630) 353-1190
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!