Medical Office with Treatment
New
For Sale
$1,100,000
3590-3598 E New York St, Aurora, IL 60504
An updated clinical layout includes multiple exam rooms, a private office, and accessible restrooms.
Property Size2,970 SF
Price / SF$370.37
Days on Market6
Property Features for 3590-3598 E New York St
General Information
Standard status
Active
Size
2,970 SF
Total Parking Spaces
37
Property subtype
Office
Additional Details
Property Use
Medical Office
Building Details
Building Size
2,970 SF
Buildings
1
Stories
1
Listing Agency:
John Greene Commercial
Listed By:
Jon Waldron · License #IL 475165468
(815) 693-0544
Source:
Johngreenerealestate
Added: Nov 1
Changed: Nov 3
Last Checked: Nov 6 at 5:57AM
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 John Greene Commercial
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,970-square-foot, single-story medical office building has four exam rooms and a large treatment room. The interior also includes a private office, break room, and reception area. Three bathrooms are ADA accessible.
The property provides 37 parking spaces, including two designated accessible spaces.
The property provides 37 parking spaces, including two designated accessible spaces.
Key Highlights
- 2,970 SF single‑story medical office building
- Four exam rooms and one large treatment room
- Private office, break room, and reception area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,837
Cap Rate
3.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$876,740
$876.7K
Cap Rate 7%
$626,243
$626.2K
Cap Rate 9%
$487,078
$487.1K
Market Conditions
NOI Build-Up for 2,970 SF
Gross rent
$71.3K $24.00/SF
− Vacancy
−$12.8K −$4.32/SF
EGI
$58.4K $19.68/SF
− OpEx
−$14.6K −$4.92/SF
NOI
$43.8K $14.76/SF
Area
Aurora, IL
Vacancy
18.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$876,740
Cap Rate 7%
$626,243
Cap Rate 9%
$487,078
Alternative Uses
Best Use
Office B
$626.2K
$548.0K – $730.6K
NOI $43,837 @ 7.0% cap · market cap 3.99%
Second Best
Healthcare Medical
$604.9K
$529.3K – $705.7K
NOI $42,340 @ 7.0% cap · market cap 3.85%
Theoretical Best
Office A
$850.3K
$744.0K – $992.0K
NOI $59,519 @ 7.0% cap · market cap 5.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
732
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60504, IL
38,901
Population
15,029
Households
2.6
Avg Household Size
35
Median Age
49%
College-Educated
91%
High-School Grad
8.8 sq mi
ZIP Area
4,421
Density / Sq Mi
$98,249
Median Household Income
$48,678
Median Earnings
$1,861
Median Rent
$272,800
Median Home Value
Market
Properties on Market for Medical Office Space in Kane County
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Medical Office Space - An updated clinical layout includes multiple exam rooms, a private office, and accessible restrooms.
Where is this medical office space located?
The property is located at 3590-3598 E New York St Aurora, IL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 2,970 SF single‑story medical office building; Four exam rooms and one large treatment room; Private office, break room, and reception area
