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    533 North Ave Elmhurst, IL 60126

    Sponsored
    For Lease
    $12 SF/Yr

    Prime Elmhurst office space, flexible suites.

    Lot size:
    26,562 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This two-story, 26,562 square foot office building in Elmhurst, Illinois, offers a variety of spaces ideal for medical, executive, or traditional office uses. Located at 533 W North Ave, this property features 14 executive suites ranging from 196 to 8,641 square feet, with a minimum divisible space of 515 square feet and a maximum contiguous space of 5,460 square feet. Built in 1970 and renovated in 1991, the building sits on a 0.74-acre lot and includes an elevator, 80 parking spaces, and monumental signage. The property is zoned O-1 and boasts convenient access to Interstates 290 and 294, approximately 11 miles from Elmhurst Hospital. Tenant incentives are available, including rent abatement for qualified tenants based on lease term length. A full first floor is currently available. The building's excellent condition and prime location make it an attractive opportunity for businesses seeking flexible and well-maintained office space in the thriving Elmhurst market.

    Property Features for 533 North Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    26,562 SF
    Total Rate
    26562

    Building Details

    Year Built/Renovated
    1970/1991
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    LL30
    Size
    1,257 SF
    Rate per SF
    $12
    Space
    101
    Size
    1,866 SF
    Rate per SF
    $12
    Space
    LL80
    Size
    866 SF
    Rate per SF
    $12
    Space
    LL70
    Size
    1,181 SF
    Rate per SF
    $12
    Space
    100
    Size
    1,315 SF
    Rate per SF
    $12
    Space
    202
    Size
    2,109 SF
    Rate per SF
    $12
    Space
    LL50
    Size
    1,450 SF
    Rate per SF
    $12
    Space
    102
    Size
    5,460 SF
    Rate per SF
    $12

    HighLights

    • 26,562 SF two‑story office building on a 0.74‑acre lot in Elmhurst, IL.
    • 14 executive suites available, ranging from 196 to 8,641 SF, with monumental signage.
    • Features a wet sprinkler system and elevator.
    • 80 parking spaces and North Avenue frontage.
    • Tenant incentives offered, including rent abatement.
    Property Profile Location Intelligence

    Current Use by Public Records

    Merwick and Associates Medical Clinic Dohse Anthony DDS Dentist Dr. Blake Garrett Oral Surgeon Dr. Patrick Omeara Internist Patchwork Therapy Social Worker

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Elmhurst
    County
    Dupage
    State
    Illinois
    Longitude
    -87.959156517449
    Latitude
    41.905877005751

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    FAQs

    What type of property is this?
    Medical office - Prime Elmhurst office space, flexible suites.
    Where is this medical office located?
    The property is located at 533 North Ave Elmhurst, IL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 26,562 SF two-story office building on a 0.74-acre lot in Elmhurst, IL.; 14 executive suites available, ranging from 196 to 8,641 SF, with monumental signage.; Features a wet sprinkler system and elevator.
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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
    533 North Ave Elmhurst, IL 60126
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