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Medical Office Building
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1300 N Highland Ave, Aurora, IL 60506

Established office property with O zoning and a medical-center identity.

Property Size20,774 SF
Price / SF$160.30
Days on Market150

Property Features for 1300 N Highland Ave

General Information

Standard status Active
Size 20,774 SF
Total Parking Spaces 234
Property subtype Office
Zoning O
Occupancy 97%
Investment Type Stabilized
Net Operating Income $282,862

Additional Details

Cap Rate 8.49%

Building Details

Year Built 1979
Buildings 1
Units 7
Tenancy Multi
Listing Agency: Quantum Real Estate Advisors
Listed By: Daniel Waszak · License #IL 475153121
Source: Crexi
Added: Apr 3 Changed: Aug 29 Last Checked: Aug 29 at 11:45PM

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 Quantum Real Estate Advisors

Investment Insights

Based on property information with market context.

This office property comprises 20,774 square feet and is identified as a medical center. The building was constructed in 1979 and carries O zoning, providing a defined office-oriented classification.

The property is located at 1300 N Highland Ave in Aurora, IL 60506. Its reported 8.49% CAP rate adds an income-oriented metric for evaluating the asset alongside its established building age and office use.

Key Highlights

  • 20,774 square feet of office property
  • Identified as a medical center
  • 8.49% CAP rate

Property Analytics

Current Use

Highland Medical center Medical Clinic Presence Medical Group Midwife Dr. Robert J. ... Ophthalmologist Aurora Pain Clinic Physician Aurora Eye Clinic Ophthalmologist

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Building Supply Spa & Massage Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,017
Businesses Nearby

Demographics for 60506, IL

52,011
Population
18,204
Households
2.9
Avg Household Size
36
Median Age
29%
College-Educated
84%
High-School Grad
21.2 sq mi
ZIP Area
2,453
Density / Sq Mi
$76,105
Median Household Income
$38,341
Median Earnings
$1,305
Median Rent
$246,700
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Established office property with O zoning and a medical-center identity.
Where is this office building located?
The property is located at 1300 N Highland Ave Aurora, IL.
What is the asking price?
The asking price for this property is $3,330,000.
What are key features of this property?
This property features: 20,774 square feet of office property; Identified as a medical center; 8.49% CAP rate
More about this property
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