Property profile

533 North Ave Elmhurst, IL 60126

OFF-MARKET
Office Spaces
26,562 SF Built 1970
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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

Current use

Occupant on record · Public records
  • Medical Clinic
  • Dental Office
  • Dental Office
  • Physician
  • Foster Care Service Social Service Agency

Location

533 North Ave Elmhurst, IL 60126
Elmhurst metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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