Office Condo with Dental
For Sale
Contact for pricing
70 S Constitution Dr, Aurora, IL 60506
Office condo includes two suites, with Suite 102 leased to a dental office and Suite 100 built for professional use.
Property Size5,096 SF
Price / SF$266.88
Days on Market60
Property Features for 70 S Constitution Dr
General Information
Standard status
Active
Size
5,096 SF
Total Parking Spaces
33
Property subtype
OFFICE
Additional Details
Office Units
2
Building Details
Year Built
2006
Tenancy
Multi
Listing Agency:
Dolan & Murphy Inc
(630) 774-8523
Listed By:
Daniel T. Dolan · License #475120834
(630) 774-8523
Source:
Moodyscre
Added: Jun 3
Changed: Jul 23
Last Checked: Jul 23 at 9:09AM
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 & Murphy Inc
Investment Insights
Based on property information with market context.
This office condo is configured as two separate suites within a single built-in-2006 property. Suite 100 features a practical office layout with two private offices, a conference room, reception room, break room, storage room, and two restrooms.
Suite 102 is leased to a dental office. The property also includes 33 parking spaces, supporting convenient on-site access for occupants and visitors.
With two independently configured suites, the asset is suited for users or investors seeking a multi-suite office arrangement under one ownership structure.
Suite 102 is leased to a dental office. The property also includes 33 parking spaces, supporting convenient on-site access for occupants and visitors.
With two independently configured suites, the asset is suited for users or investors seeking a multi-suite office arrangement under one ownership structure.
Key Highlights
- Office condo includes two separate suites: Suite 100 and Suite 102
- Suite 100 features 2 private offices, conference room, reception area, break room, storage room, and 2 restrooms
- Suite 102 is leased to a dental office
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $122.3k | $24.00 |
| − Vacancy | −$22.0k | −$4.32 |
| EGI | $100.3k | $19.68 |
| − OpEx | −$25.1k | −$4.92 |
| NOI | $75.2k | $14.76 |
5,096 SF · lease $24.00/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.07M
$940.2K – $1.25M
NOI $75,217 @ 7.0% cap · market cap 5.53%
Second Best
Healthcare Medical
$1.04M
$908.1K – $1.21M
NOI $72,649 @ 7.0% cap · market cap 5.34%
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.
Property Analytics
Current Use
Lease Details
2
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
707
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
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office condo includes two suites, with Suite 102 leased to a dental office and Suite 100 built for professional use.
Where is this office units 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 condo includes two separate suites: Suite 100 and Suite 102; Suite 100 features 2 private offices, conference room, reception area, break room, storage room, and 2 restrooms; Suite 102 is leased to a dental office
