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    4222-4248 Meridian Pkwy Aurora, IL 60504

    For Sale
    $3,221,400

    Prime Aurora office, 21,500 SF, 100% occupied.

    Property size:
    21,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional single-story, 21,500 square foot office building in Aurora, Illinois, is situated on a 45,763 square foot lot within the established Meridian Business Campus. Built in 2008, the property boasts a unique interior design featuring exposed ceilings and high-quality finishes. Currently 100% occupied, this presents an owner/user opportunity to occupy the entire space or a portion, leasing out the remainder. The building offers ample parking (4.01 spaces per 1,000 sq ft), direct suite entrances, tenant-controlled HVAC, and prominent monument signage availability. Its convenient location provides easy access to the Route 59 Metra station and a variety of nearby restaurants. The asking price is $3,221,400, translating to $150 per square foot. This presents a rare opportunity to acquire a well-maintained, highly desirable office building in a prime business location. The property's unique design and features make it an ideal space for a variety of businesses seeking a modern and functional workspace.

    Property Features for 4222-4248 Meridian Pkwy

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    21,500 SF

    Building Details

    Year Built
    2008
    Stories
    1

    HighLights

    • Private suite entrance.
    • Tenant‑controlled HVAC system.
    • Abundant parking.
    • Monument signage opportunity.
    • Nearby restaurants.
    • Short walk to Route 59 Metra station.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sunset Roofing Co. Roofing Contractor

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Spa & Massage 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
    Dupage
    State
    Illinois
    Longitude
    -88.2181965
    Latitude
    41.7740077

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Aurora office, 21,500 SF, 100% occupied.
    Where is this office property / space located?
    The property is located at 4222-4248 Meridian Pkwy Aurora, IL.
    What is the asking price?
    The asking price for this property is $3,221,400.
    What are key features of this property?
    This property features: Private suite entrance.; Tenant-controlled HVAC system.; Abundant parking.
    Request Owner's contact information
    4222-4248 Meridian Pkwy Aurora, IL 60504
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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
    4222-4248 Meridian Pkwy Aurora, IL 60504
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