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    1528 Aurora Ave Naperville, IL 60540

    Sponsored
    For Lease
    $28 SF/Yr

    15,000 SF Divisible Medical Office

    Lot size:
    15,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 15,000-square-foot medical office space is located at 1528 Aurora Avenue in Naperville, Illinois, zip code 60540, at the cross streets of Aurora Avenue and Ogden. The property is situated in a prime location, offering excellent visibility and accessibility. The building is currently configured as a single-tenant space, but is divisible to accommodate various needs. This presents a unique opportunity for medical practices seeking a prominent presence in a thriving Naperville market. The property's classification includes retail, office, and restaurant uses, reflecting its versatility and potential for diverse tenant profiles. The building enjoys the benefit of being in close proximity to established businesses such as Advocate and Starbucks, ensuring high foot traffic and brand recognition. This location offers easy access to major transportation routes, making it convenient for both patients and staff. The property's size and flexibility make it ideal for a variety of medical practices, from individual physicians to larger multi-specialty groups. The address is 1528 Aurora Avenue, Naperville, IL 60540. Interested parties are encouraged to inquire for further details and to explore the possibilities this exceptional property offers.

    Property Features for 1528 Aurora Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,000 SF

    Unit(s) available at that property

    Space
    Size
    15,000 SF
    Rate per SF
    $35

    HighLights

    • New construction, 15,000 square feet, divisible space.
    • High visibility signage on Ogden and Aurora Avenues.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Naperville
    County
    Dupage
    State
    Illinois
    Longitude
    -88.185073071879
    Latitude
    41.764972534361

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    FAQs

    What type of property is this?
    Restaurant - 15,000 SF Divisible Medical Office
    Where is this restaurant located?
    The property is located at 1528 Aurora Ave Naperville, IL.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: New construction, 15,000 square feet, divisible space.; High visibility signage on Ogden and Aurora Avenues.;
    Request Owner's contact information
    1528 Aurora Ave Naperville, IL 60540
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    Naperville, IL 60540
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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
    1528 Aurora Ave Naperville, IL 60540
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