2001 Gary AveWheaton, IL 60187

  • Healthcare properties
  • 25,614 SF
For Lease
$18.50/SF/YR View listing

Property Details for 2001 Gary Ave

Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.70 AC
Property size (Sq ft)
25,614 SF
Property type
Healthcare properties
Property subtype
Medical offices
APN
05-08-200-030
APU
508200030

Description

This exceptional Class A medical office building, constructed in 2010, offers a prime opportunity for medical professionals seeking flexible and modern space in Wheaton, Illinois. Located at 2001 N Gary Ave, this single, two-story building boasts a total of 25,269 square feet and features multiple tenancy options. Suites range in size from 1,412 square feet to a generous 4,190 square feet, catering to a variety of practice needs. The building's strategic location in DuPage County places it within a densely populated area, with nearly 50,000 residents within a two-mile radius. This advantageous position offers excellent visibility and accessibility for patients and staff alike. The property benefits from its proximity to major healthcare providers, including Northwestern Medicine and Central DuPage Hospital, further enhancing its appeal and potential for success. To assist with tenant build-out, construction allowances are available. Furthermore, prominent building signage opportunities are available for enhanced brand visibility. This is a rare opportunity to secure high-quality medical office space in a thriving location. The property is situated in a high-traffic area with easy access to major transportation routes. Contact us today to learn more about leasing options and available suites.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,624,912
    6.5%
    $4,269,150
    7%
    $3,964,210
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,600,415
    Geo Method
    $3,336,224
  • Alternative Use

    Use
    Valuation
    Residential
    $5,293,745
    Hospitality
    $4,849,042
    Educational
    $4,034,346
    Medical
    $4,173,094
    Retail
    $6,275,650
2001 Gary Ave, Wheaton, Illinois
Leaflet | © OpenStreetMap contributors

Location Insight

City
Wheaton
County
Dupage
State
Illinois
Latitude
41.8857
Longitude
-88.1208
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$104,447
$270,520
$1,275,010
$1,545,530
-
$811,560
$3,825,030
$4,636,590

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