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Aurora School & Residence Facility

998 Corporate Blvd, Aurora, IL

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For Sale

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Fully built-out school and residence for special use.

Type:SPECIALTY

Property size:

49,332 SF

Lot size:

9.08 Acres

Price / SF:

$160/SF

HighLights

Fully built‑out school and residence ideal for special use such as autistic child care, rehabilitation, or treatment center.
Equipped with cafeteria, commercial kitchen, classrooms/therapy rooms, and residence rooms for up to 84 occupants.
Includes indoor gym, outdoor playground, staff offices, and reception area.
Features onsite backup generator, garage, storage, and ample parking.
Property is divisible, allowing for flexible use and development.
Renovated in 2011‑2012 with expansion in 2016, and includes a 1.5‑acre playground.

We can help!

Listing Contact

Kevin O'Donnell

For Sale

Contact for pricing

Fully built-out school and residence for special use.

Type:SPECIALTY

Property size:

49,332 SF

Lot size:

9.08 Acres

Price / SF:

$160/SF

Added:: Aug 7, 2023
Days on Market:: 1048
Last Refresh:: May 20 at 9:22 pm

Property Features for 998 Corporate Blvd

General Information

Standard status: Active
Size: 49,332 SF
Lot size: 9.08 Acres
Property subtype: SPECIALTY

Properties For Sale

at 998 Corporate Blvd Contact us

We can help!

Listing Contact

Kevin O'Donnell

Listing agent Kevin O'Donnell

Listing office O'Donnell Commercial Real Estate, Inc.

Listing date Aug 7, 2023

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of O'Donnell Commercial Real Estate, Inc.

HighLights

Fully built‑out school and residence ideal for special use such as autistic child care, rehabilitation, or treatment center.
Equipped with cafeteria, commercial kitchen, classrooms/therapy rooms, and residence rooms for up to 84 occupants.
Includes indoor gym, outdoor playground, staff offices, and reception area.
Features onsite backup generator, garage, storage, and ample parking.
Property is divisible, allowing for flexible use and development.
Renovated in 2011‑2012 with expansion in 2016, and includes a 1.5‑acre playground.

Overview

This property features a fully built-out school and residence suitable for special uses such as autistic child care, rehabilitation, or treatment centers. Constructed in 2000, the property underwent renovations from 2011 to 2012, with an expansion in 2016. The 49,332-square-foot facility includes a cafeteria, a fully equipped commercial kitchen, multiple classrooms and therapy rooms, and residence rooms accommodating up to 84 occupants. It also offers an indoor gym, an outdoor playground, staff offices, and a reception area. Additional amenities include an onsite backup generator, a garage, storage space, and ample parking. The land incorporates a 1.5-acre playground area. The property is located in Aurora, IL. Other uses may be considered, and the property is divisible.

Local Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$1.33M	$27.00
− Vacancy	−$159.8k	−$3.24
EGI	$1.17M	$23.76
− OpEx	−$468.9k	−$9.50
NOI	$703.3k	$14.26

49,332 SF · lease $27.00/SF/yr · vacancy 12.00% · expense 40.00%

Alternative Uses

Best Use

Healthcare Medical

$10.05M

$8.79M – $11.72M (±1% cap)

NOI $703,277 @ 7.0% cap · market cap 8.90%

Second Best

—

no second resolved use

Theoretical Best

Office A

$14.12M

$12.36M – $16.48M (±1% cap)

NOI $988,613 @ 7.0% cap · market cap 12.51%

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

Property Profile Location Intelligence

Current Use by Public Records

Snapshot Charts for CRM Consultant

Suggested Use

Location Insight

Map
Local Demand

City: Aurora
County: Kane
State: Illinois
Longitude: -88.289
Latitude: 41.8015

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For sale
Schools
IL
Aurora
998 Corporate Blvd

What type of property is this?

School - Fully built-out school and residence for special use.

Where is this school located?

The property is located at 998 Corporate Blvd Aurora, IL.

What is the asking price?

The asking price for this property is $7,900,000.

What are key features of this property?

This property features: Fully built‑out school and residence ideal for special use such as autistic child care, rehabilitation, or treatment center.; Equipped with cafeteria, commercial kitchen, classrooms/therapy rooms, and residence rooms for up to 84 occupants.; Includes indoor gym, outdoor playground, staff offices, and reception area.

998 Corporate Blvd, Aurora, IL

Fully built-out school and residence for special use.

Property Features for 998 Corporate Blvd

General Information

Properties For Sale

We can help!

HighLights

Overview

Local Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Versatile Office Property in Aurora

Built-Out Single-Story Office Condos

Downtown Aurora Commercial Building For Sale

Renovated Office Condo Suite

Aurora Commercial Building for Sale

All-Brick Church on Corner Lot

Former Union Hall Office Building

6-Unit Apartment Building

Six-Unit Multifamily Property with Parking

Profitable Auto Repair Business Included

Historic Mixed-Use Building in Aurora

Turnkey 9-Unit Apartment Building

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