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    1300 Highland Ave Aurora, IL 60506

    Sponsored
    For Lease
    $19 SF/Yr

    Prime medical space near Ascension Mercy.

    Lot size:
    23,470 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This single-story, 23,470 square foot Class B medical office building, constructed in 1979, offers multiple tenancy opportunities in Aurora, Illinois. Located at 1300 N Highland Ave, 60506, the property enjoys a highly desirable location adjacent to Ascension Mercy Medical Center, providing excellent visibility and accessibility. The building features a mix of medical office suites, each well-equipped with existing in-suite sinks and restrooms, reflecting a thoughtful design for healthcare practices. The layout of the suites is conducive to general medical and healthcare operations. Convenient access to I-88 via Route 31 ensures easy commuting for both patients and staff. Furthermore, the property offers prominent monument signage opportunities along Highland Avenue, enhancing visibility and brand recognition for tenants. This presents a unique opportunity for medical professionals seeking a well-established and conveniently located space to establish or expand their practice. The building's existing infrastructure and prime location make it an attractive option for various healthcare providers.

    Property Features for 1300 Highland Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    23,470 SF
    Class
    B
    Total Rate
    37160.83

    Building Details

    Year Built
    1979
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 6
    Size
    1,460 SF
    Rate per SF
    $19
    Space
    Suite 7/8
    Size
    3,705 SF
    Rate per SF
    $19
    Space
    Suite 4
    Size
    4,029 SF
    Rate per SF
    $19
    Space
    Suite 11
    Size
    665 SF
    Rate per SF
    $19

    HighLights

    • Asking rent: $19.00 per square foot, gross.
    • Turnkey build‑outs available.
    • Professionally managed by Comar Properties.
    • Excellent condition medical suites.
    • Monument signage opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Highland Medical center Medical Center Presence Medical Group Midwife Dr. Robert J. ... Ophthalmologist Aurora Pain Clinic Pain Management Physician Aurora Eye Clinic Ophthalmologist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Aurora
    County
    Kane
    State
    Illinois
    Longitude
    -88.329506
    Latitude
    41.7857673

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    FAQs

    What type of property is this?
    Medical office - Prime medical space near Ascension Mercy.
    Where is this medical office located?
    The property is located at 1300 Highland Ave Aurora, IL.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: Asking rent: $19.00 per square foot, gross.; Turnkey build-outs available.; Professionally managed by Comar Properties.
    Request Owner's contact information
    1300 Highland Ave Aurora, IL 60506
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    Aurora, IL 60506
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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
    1300 Highland Ave Aurora, IL 60506
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