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    650 Devon Ave Itasca, IL 60143

    Sponsored
    For Lease
    Contact for pricing

    Single-tenant medical office, prime location.

    Lot size:
    65,950 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 65,950-square-foot medical office building, constructed in 1984, sits on a 6.32-acre lot in Itasca, Illinois (DuPage County). The property features a single-story building with a single tenant currently occupying 3,724 square feet. This suite includes a reception and waiting area, two operating rooms, three exam rooms, two private offices, a supply room, and a break room. The building is zoned C and has the APN 03-05-205-001. The property boasts convenient access for staff and patients due to its prime location off Devon Avenue, less than a mile from the I-290 and 390 intersection. The building does not have elevators. The space is available seven days a week. This presents a unique opportunity to acquire a well-equipped medical office in a highly desirable location. The property offers significant potential for growth and expansion within a thriving business park setting. This is a single-tenant occupancy building.

    Property Features for 650 Devon Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    65,950 SF

    Building Details

    Year Built
    1984
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    3,724 SF

    HighLights

    • 3,724 SF premier medical sublease available.
    • Suite includes reception/waiting area, two ORs, three exam rooms, two offices, supply room, and break room.
    • 24/7 access available.
    • Less than one mile from I‑290/390 interchange.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sierra Consulting Consultant Andhus Technologies Software Company Troutman & Associates Inc Financial Consultant Hutech Resources LLC Business Management Consultant Matthew Harrold American ... Insurance Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Itasca
    County
    DuPage
    State
    Illinois
    Longitude
    -88.006227666697
    Latitude
    41.991976211279

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    FAQs

    What type of property is this?
    Medical office - Single-tenant medical office, prime location.
    Where is this medical office located?
    The property is located at 650 Devon Ave Itasca, IL.
    What are key features of this property?
    This property features: 3,724 SF premier medical sublease available.; Suite includes reception/waiting area, two ORs, three exam rooms, two offices, supply room, and break room.; 24/7 access available.
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    Itasca, IL 60143
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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
    650 Devon Ave Itasca, IL 60143
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