Medical/Office Space
For Sale
$1,400,000
3301 Resource Pkwy, Dekalb, IL 60115
1500 SF medical/office space for lease near Northwestern Hospital.
Property Size8,760 SF
Price / SF$159.82
Days on Market194
Property Features for 3301 Resource Pkwy
General Information
Standard status
Active
Size
8,760 SF
Building Details
Year Built
2001
Listing Agency:
RVG Commercial Realty
Listed By:
Denise Weinmann · License #475122227
(815) 739-9382
Source:
Realtopiare
Added: Mar 26
Changed: Sep 11
Last Checked: Oct 4 at 12:26PM
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 RVG Commercial Realty
Investment Insights
Based on property information with market context.
This 1500 square foot commercial space is available for sale, suitable for medical or office use. The property features large rooms and is ready for immediate occupancy. It includes an ADA-compliant restroom, a break room, and a storage/utility room. The location is near Northwestern Hospital and other medical office users.
Key Highlights
- Ready to move in medical/office space, ideal for immediate occupancy.
- $11.50 PSF NNN lease rate.
- 1500 SF available.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$120,786
Cap Rate
8.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,415,720
$2.4M
Cap Rate 7%
$1,725,514
$1.7M
Cap Rate 9%
$1,342,067
$1.3M
Market Conditions
NOI Build-Up for 8,760 SF
Gross rent
$214.4K $24.48/SF
− Vacancy
−$53.4K −$6.10/SF
EGI
$161.0K $18.38/SF
− OpEx
−$40.3K −$4.60/SF
NOI
$120.8K $13.79/SF
Area
DeKalb County, IL
Vacancy
24.90%
Lease Rate
$24.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,415,720
Cap Rate 7%
$1,725,514
Cap Rate 9%
$1,342,067
Alternative Uses
Best Use
Office B
$1.73M
$1.51M – $2.01M
NOI $120,786 @ 7.0% cap · market cap 8.63%
Second Best
Healthcare Medical
$1.66M
$1.45M – $1.93M
NOI $116,052 @ 7.0% cap · market cap 8.29%
Theoretical Best
Office A
$3.02M
$2.65M – $3.53M
NOI $211,710 @ 7.0% cap · market cap 15.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,043
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60115, IL
42,103
Population
18,175
Households
2.3
Avg Household Size
29
Median Age
36%
College-Educated
90%
High-School Grad
81.0 sq mi
ZIP Area
520
Density / Sq Mi
$46,808
Median Household Income
$22,838
Median Earnings
$1,018
Median Rent
$205,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
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Similar Off Market Nearby
- Dr. Le Ann Gruber, DVM — 2400 Bethany Rd, Sycamore, IL 60178
- Dr. Katherine Clement DVM — 2400 Bethany Rd, Sycamore, IL 60178, United States
- Dr. Heather Brown, DVM — 2400 Bethany Rd, Sycamore, IL 60178, United States
- Dr. Carlos E. Dominquez, DVM — 2400 Bethany Rd, Sycamore, IL 60178
- Dr. Charles R. Schelkopf, DVM — 2400 Bethany Rd, Sycamore, IL 60178
Frequently Asked Questions
What type of property is this?
Medical Office Space - 1500 SF medical/office space for lease near Northwestern Hospital.
Where is this medical office space located?
The property is located at 3301 Resource Pkwy Dekalb, IL.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Ready to move in medical/office space, ideal for immediate occupancy.; $11.50 PSF NNN lease rate.; 1500 SF available.
