533 North Ave Elmhurst, IL 60126
- Office Properties & Spaces
- 26,562 SF
- 0.74 lot acres
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
Property Details for 533 North Ave
- Year built
- 1790
- Lot size
- 0.74 lot acres
- Property size
- 26,562 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
This exceptional value-add investment opportunity presents a 26,562 square foot, multi-tenant office building situated on a 0.74-acre lot at 533 W North Ave, Elmhurst, IL 60126, in DuPage County. The Class B property, built in 1790 and renovated in 1991, features 14 executive suites ranging in size from 196 to 8,641 square feet, offering flexibility for various tenants. Currently at 46.8% occupancy, this presents a significant opportunity for increased revenue. The building boasts convenient amenities including elevator access to two floors, 80 parking spaces, and prominent frontage on North Avenue with monumental signage. The property is zoned O-1 and includes a wet sprinkler system. Its location offers easy access to Interstates 290 and 294, and is approximately 11 miles from Elmhurst Hospital. The asking price is $3,895,000, and the property is offered with seller financing and an assumable mortgage. Low DuPage County taxes further enhance this attractive investment. The building consists of one, two-story structure. This is a NNN lease type property.
Value Estimation
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Location Insight
- Map
- Local Demand
- City
- Elmhurst
- County
- DuPage
- State
- Illinois
- Longitude
- -87.959
- Latitude
- 41.9059