Second-Floor Medical
For Sale
Contact for pricing
401 N York St, Elmhurst, IL 60126
Clinical suite with procedure, recovery, exam, physician office, and administrative areas.
Property Size5,525 SF
Price / SF$271.49
Days on Market56
Property Features for 401 N York St
General Information
Standard status
Active
Size
5,525 SF
Elevators
Yes
Property subtype
OFFICE
Additional Details
Floor
Second Floor
Highway Access
Yes
Amenities
monument signage
Listing Agency:
Joseph Rossi & Associates, Inc (JRA) - Corporate
(630) 353-1190
Listed By:
Scott Fitzgerald · License #471014248
(312) 523-3176
Source:
Moodyscre
Added: Aug 20
Changed: Oct 14
Last Checked: Oct 12 at 7:38PM
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 Joseph Rossi & Associates, Inc (JRA) - Corporate
Investment Insights
Based on property information with market context.
This 5,525-square-foot medical center occupies the second floor of a medical building at 401 N York St in Elmhurst, Illinois. The suite includes operating and procedure rooms, recovery space, sterilization areas, exam rooms, physician offices, and administrative space, along with supporting medical infrastructure.
Elevator service provides access to the suite, while on-site parking and monument signage support visitors and patients. The property fronts York Street and offers access to I-290 and downtown Elmhurst. Existing improvements are suited to surgical, outpatient, imaging, and other healthcare operations, subject to applicable requirements.
Elevator service provides access to the suite, while on-site parking and monument signage support visitors and patients. The property fronts York Street and offers access to I-290 and downtown Elmhurst. Existing improvements are suited to surgical, outpatient, imaging, and other healthcare operations, subject to applicable requirements.
Key Highlights
- 5,525‑square‑foot second‑floor medical suite
- Operating and procedure rooms with dedicated recovery space
- Sterilization, exam rooms, physician offices, and administrative areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,181
Cap Rate
5.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,523,620
$1.5M
Cap Rate 7%
$1,088,300
$1.1M
Cap Rate 9%
$846,456
$846.5K
Market Conditions
NOI Build-Up for 5,525 SF
Gross rent
$135.3K $24.48/SF
− Vacancy
−$33.7K −$6.10/SF
EGI
$101.6K $18.38/SF
− OpEx
−$25.4K −$4.60/SF
NOI
$76.2K $13.79/SF
Area
DuPage 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%
$1,523,620
Cap Rate 7%
$1,088,300
Cap Rate 9%
$846,456
Alternative Uses
Best Use
Office B
$1.09M
$952.3K – $1.27M
NOI $76,181 @ 7.0% cap · market cap 5.08%
Second Best
Healthcare Medical
$1.05M
$914.9K – $1.22M
NOI $73,195 @ 7.0% cap · market cap 4.88%
Theoretical Best
Office A
$1.91M
$1.67M – $2.23M
NOI $133,527 @ 7.0% cap · market cap 8.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,235
Businesses Nearby
Explore this area
Business Placement
Demographics for 60126, IL
48,147
Population
18,687
Households
2.6
Avg Household Size
41
Median Age
62%
College-Educated
96%
High-School Grad
11.2 sq mi
ZIP Area
4,299
Density / Sq Mi
$143,333
Median Household Income
$76,258
Median Earnings
$1,890
Median Rent
$527,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Medical center - Clinical suite with procedure, recovery, exam, physician office, and administrative areas.
Where is this medical center located?
The property is located at 401 N York St Elmhurst, IL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 5,525‑square‑foot second‑floor medical suite; Operating and procedure rooms with dedicated recovery space; Sterilization, exam rooms, physician offices, and administrative areas
