Built-Out Medical
For Sale
$1,200,000
3965 75th St # B, Aurora, IL 60504
Established medical-office improvements support occupancy by a healthcare user or flexible shared-use arrangement.
Property Size3,946 SF
Days on Market244
Property Features for 3965 75th St # B
General Information
Standard status
Active
Size
3,946 SF
Class
B
Property subtype
Medical/Healthcare
Additional Details
Highway Access
Yes
Building Details
Building Size
3,946 SF
Year Built
2006
Properties For Sale
at 3965 75th St # B
3965 75th St # B
Size
3,946 SF
Lease Type
Modified Gross
Listing Agency:
O'Donnell Commercial Real Estate, Inc.
Listed By:
Kevin O'Donnell
(630) 444-0444
Source:
Thebrokerlist
Added: Feb 18
Changed: Oct 14
Last Checked: Oct 20 at 5:06PM
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 O'Donnell Commercial Real Estate, Inc.
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Investment Insights
Based on property information with market context.
This medical office property features a fully built-out healthcare interior and was constructed in 2006. The space is available for a medical lease or a timeshare arrangement, providing two documented occupancy formats for prospective users.
The property is located in Aurora near the junction of Ogden Avenue, Route 34, and Highway 59. Its address is 3965 75th St # B, Aurora, IL 60504.
The property is located in Aurora near the junction of Ogden Avenue, Route 34, and Highway 59. Its address is 3965 75th St # B, Aurora, IL 60504.
Key Highlights
- Fully built‑out medical office space
- Constructed in 2006
- Lease or timeshare occupancy options
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,243
Cap Rate
4.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,164,860
$1.2M
Cap Rate 7%
$832,043
$832.0K
Cap Rate 9%
$647,144
$647.1K
Market Conditions
NOI Build-Up for 3,946 SF
Gross rent
$94.7K $24.00/SF
− Vacancy
−$17.0K −$4.32/SF
EGI
$77.7K $19.68/SF
− OpEx
−$19.4K −$4.92/SF
NOI
$58.2K $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%
$1,164,860
Cap Rate 7%
$832,043
Cap Rate 9%
$647,144
Alternative Uses
Best Use
Office B
$832.0K
$728.0K – $970.7K
NOI $58,243 @ 7.0% cap · market cap 4.85%
Second Best
Healthcare Medical
$803.6K
$703.2K – $937.6K
NOI $56,254 @ 7.0% cap · market cap 4.69%
Theoretical Best
Office A
$1.13M
$988.5K – $1.32M
NOI $79,078 @ 7.0% cap · market cap 6.59%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
774
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
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Established medical-office improvements support occupancy by a healthcare user or flexible shared-use arrangement.
Where is this medical office space located?
The property is located at 3965 75th St # B Aurora, IL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Fully built‑out medical office space; Constructed in 2006; Lease or timeshare occupancy options
