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    OFF-MARKET
    Office Spaces

    533 North Ave, Elmhurst, IL 60126

    26,562 SF Built 1970
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Office Spaces
    Year built 1970
    Total area 26,562 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Merwick and Associates Medical Clinic
    • Dohse Anthony DDS Dental Office
    • Dr. Blake Garrett Dental Office
    • Dr. Patrick Omeara Physician
    • Patchwork Therapy Foster Care Service Social Service Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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