Renovated Office Condo For
1256 Waterford Drive #170, Aurora, IL 60504
Well-appointed office condo in Waterford professional complex, ideal for various uses.
Type:Commercial
Property size:
2,500 SFLot size:
3.26 AcresPrice / SF:
$190/SF- Added:
- Feb 26, 2026
- Days on Market:
- 86
- Last Refresh:
- Apr 5 at 9:15 pm
Property Features for 1256 Waterford Drive #170
General Information
- Standard status
- Active
- Size
- 2,500 SF
- Lot size
- 3.26 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2009
Listing agent ANTHONY DISANO License #471010606
Listing office PARKVUE REALTY CORPORATION (312) 788-4040
Listing date Feb 26, 2026
Source Corcoran
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of PARKVUE REALTY CORPORATION
HighLights
- Recently renovated, well‑appointed 2500sf office condo.
- Features a functional layout with 6 private offices, conference room, break room with kitchen, huddle area, bull pen, reception area, 2 bathrooms, server room, and storage/utility closet.
- Convenient location near Rush Copley Hospital and I‑88 expressway.
- Ideal for medical, legal, financial, real estate, or general professional use.
- Located in the highly desirable Waterford professional complex.
- Well‑maintained building with ample parking.
Overview
This recently renovated 2,500 square foot office condo is located in the Waterford professional complex. Suite 170 features six private offices, a conference room, a break room with a kitchen, a huddle area, a bull pen, a reception area, two bathrooms, a server room, and a storage/utility closet. The layout is designed for medical, legal, financial, real estate, or general professional use. The property is conveniently located near Rush Copley Hospital and close to I-88, providing accessibility for patients, clients, customers, and employees. The building is well maintained and offers ample parking. This suite is suitable for both owner-occupants looking to stop leasing and investors seeking a commercial asset in a high-demand market.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$410.0K
NOI $36,900 @ 9.00% cap · cautious / downside scenario
Moderate
$527.1K
NOI $36,900 @ 7.00% cap · market / base-case scenario
Aggressive
$738.0K
NOI $36,900 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $60.0k | $24.00 |
| − Vacancy | −$10.8k | −$4.32 |
| EGI | $49.2k | $19.68 |
| − OpEx | −$12.3k | −$4.92 |
| NOI | $36.9k | $14.76 |
2,500 SF · lease $24.00/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$527.1K
$461.3K – $615.0K
NOI $36,900 @ 7.0% cap · market cap 7.77%
Second Best
Healthcare Medical
$509.1K
$445.5K – $594.0K
NOI $35,640 @ 7.0% cap · market cap 7.50%
Theoretical Best
Office A
$715.7K
$626.3K – $835.0K
NOI $50,100 @ 7.0% cap · market cap 10.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
922Leather
Industrial Manufacturer
Rush-Copley Medical Center
Hospital
RUSH Copley Gastroenterology, ...
Medical Clinic
Dhiraj Gulati, M.D.
Physician
Floorstall: hardwood floor ...
General Contractor
Location Insight
- Map
- Local Demand
- City
- Aurora
- County
- Kane
- State
- Illinois
- Longitude
- -88.269
- Latitude
- 41.7331
Nearby Similar for Sale
FAQs
What type of property is this?
Office units - Well-appointed office condo in Waterford professional complex, ideal for various uses.
Where is this office units located?
The property is located at 1256 Waterford Drive #170 Aurora, IL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Recently renovated, well‑appointed 2500sf office condo.; Features a functional layout with 6 private offices, conference room, break room with kitchen, huddle area, bull pen, reception area, 2 bathrooms, server room, and storage/utility closet.; Convenient location near Rush Copley Hospital and I‑88 expressway.
