Property profile

2471 Sullivan Rd Aurora, IL 60506

OFF-MARKET
Office Spaces
10,000 SF 0.9 ac lot Built 2008
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Property summary

AI-generated overview

This exceptional Class A, 10,000 square foot free-standing office building presents a unique owner-user opportunity with significant income potential. Located in Aurora, Illinois, at 2471 W Sullivan Rd, this single-story masonry building boasts attractive curb appeal, situated on a 0.9-acre corner lot with mature trees and ample onsite parking (43 spaces). Built in 2008, the property is zoned B-B Business Boulevard and features a flexible layout ideal for a variety of office configurations. The space can accommodate 20+ private offices, training rooms, conference rooms, and open work areas, along with a generous break room/kitchenette and a dedicated data room. Currently 100% occupied, an existing tenant is willing to lease 3,000 square feet, providing immediate income for the new owner. Alternatively, the entire 10,000 square feet is available for an owner-occupant. The asking price is $1,850,000 ($185 per square foot). The property benefits from a prime location near the I-88 and Orchard Road interchange, surrounded by established businesses including hotels, restaurants, and banks. The 2023 property taxes were $43,204. This is a well-maintained property with excellent visibility and accessibility, making it an ideal investment for both owner-users and investors seeking strong cash flow. The lease type is NNN.

Property profile

Verified
Property type Office Spaces
Year built 2008
Total area 10,000 SF
Lot 0.9 ac (39,204 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
  • Loan Service Bank
  • Loan Service Bank
  • Loan Service Bank
  • Loan Service Bank
  • Loan Service Bank

Location

2471 Sullivan Rd Aurora, IL 60506
Aurora 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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