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    1919 Midwest Rd Oak Brook, IL 60523

    Sponsored
    For Lease
    Contact for pricing

    Oak Brook medical office building for lease

    Lot size:
    16,540 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional medical office building, located at 1919 Midwest Road in Oak Brook, Illinois, presents a unique leasing opportunity. The property boasts a total of 16,540 square feet, with 9,000 square feet currently available for lease. The building is zoned B-2 within Oak Brook's thriving business district in DuPage County, offering excellent visibility and accessibility. The property sits on a 0.95-acre lot and provides ample parking for tenants and their clients. The building's configuration allows for multiple tenancies, making it ideal for a variety of medical practices or related businesses. The spacious layout offers flexibility for customization to meet individual needs. This prime location in Oak Brook, zip code 60523, provides easy access to major transportation routes and a wealth of amenities. The building is well-maintained and ready for immediate occupancy. Serious inquiries are encouraged to explore this outstanding opportunity to establish or expand a medical practice in a highly desirable location. The available space is perfect for practices seeking expansion or new businesses looking for a well-established location. Don't miss this chance to secure your ideal medical office space in the heart of Oak Brook.

    Property Features for 1919 Midwest Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,540 SF

    Unit(s) available at that property

    Space
    Available Space 2 - 2nd Floor
    Size
    1 SF
    Space
    Available Space 1 - 2nd Floor
    Size
    1 SF

    HighLights

    • Medical office building totaling 16,540 square feet with 9,000 square feet available for lease.
    • Ample parking available.
    • New monument signage.
    • Minutes from I‑88.
    • Close proximity to Edwards Elmhurst and Good Samaritan Hospitals.
    Property Profile Location Intelligence

    Current Use by Public Records

    Institute For Human Reproduction Doctor Arshi Basit MD Endocrinologist Center For Womens Healthcare Acupuncture Clinic Yu Mario C ... Obstetrician-Gynecologist Humanus Association Or Organization

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oak Brook
    County
    DuPage
    State
    Illinois
    Longitude
    -87.9720204
    Latitude
    41.8503784

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    FAQs

    What type of property is this?
    Medical office - Oak Brook medical office building for lease
    Where is this medical office located?
    The property is located at 1919 Midwest Rd Oak Brook, IL.
    What are key features of this property?
    This property features: Medical office building totaling 16,540 square feet with 9,000 square feet available for lease.; Ample parking available.; New monument signage.
    Request Owner's contact information
    1919 Midwest Rd Oak Brook, IL 60523
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    Oak Brook, IL 60523
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1919 Midwest Rd Oak Brook, IL 60523
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