Office Building Near
70 S Constitution Dr, Aurora, IL 60506
For Sale
Contact for pricing
Office building for sale located just over three miles south of the I-88 and Orchard Road interchange.
Property Size5,096 SF
Price / SF$266.88
Days on Market224
Property Features for 70 S Constitution Dr
General Information
Standard status
Size
Class
Total Parking Spaces
Property subtype
Zoning
Investment Type
Site & Location
Neighborhood
Building Details
Year Built
Units
Listing Agency:
Dolan and Murphy
Listed By:
J.D. Dolan · License #IL 471021830
(630) 272-2134
Source:
Crexi
Added: Mar 31
Changed: Nov 3
Last Checked: Nov 8 at 8:47AM
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 Dolan and Murphy
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office building is available for sale and includes a total property size of 5,096 square feet, according to the provided information.
The property is located just over 3 miles south of the I-88 and Orchard Rd interchange, offering convenient access to one of the area’s major road connections.
For additional details on the building’s layout, condition, and any improvements, please contact the listing broker.
The property is located just over 3 miles south of the I-88 and Orchard Rd interchange, offering convenient access to one of the area’s major road connections.
For additional details on the building’s layout, condition, and any improvements, please contact the listing broker.
Key Highlights
- Office building built in 2006
- Located just over 3 miles south of the I‑88 and Orchard Rd interchange
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,217
Cap Rate
5.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,504,340
$1.5M
Cap Rate 7%
$1,074,529
$1.1M
Cap Rate 9%
$835,744
$835.7K
Market Conditions
NOI Build-Up for 5,096 SF
Gross rent
$122.3K $24.00/SF
− Vacancy
−$22.0K −$4.32/SF
EGI
$100.3K $19.68/SF
− OpEx
−$25.1K −$4.92/SF
NOI
$75.2K $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%
$1,504,340
Cap Rate 7%
$1,074,529
Cap Rate 9%
$835,744
Alternative Uses
Best Use
Office B
$1.07M
$940.2K – $1.25M
NOI $75,217 @ 7.0% cap · market cap 5.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.46M
$1.28M – $1.70M
NOI $102,124 @ 7.0% cap · market cap 7.51%
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
680
Businesses Nearby
Explore this area
Business Placement
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
Properties on Market for Office buildings in Aurora
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - Office building for sale located just over three miles south of the I-88 and Orchard Road interchange.
Where is this office building located?
The property is located at 70 S Constitution Dr Aurora, IL.
What is the asking price?
The asking price for this property is $1,360,000.
What are key features of this property?
This property features: Office building built in 2006; Located just over 3 miles south of the I‑88 and Orchard Rd interchange
