1952 Mc Dowell RdNaperville, IL 60563

  • Office properties
  • 49,482 SF
For Lease
$15,000/SF/YR View listing

Property Details for 1952 Mc Dowell Rd

Year built
1999
Lot size
2.43 AC
Property size (Sq ft)
49,482 SF
Zone code
C
Property type
Office properties
Property subtype
Other office properties
APN
07-10-108-013
APU
710108013

Description

This Class B medical office building, constructed in 2000, offers 1,950 square feet of immediately available space in suites ranging from 200 to 500 square feet. Located in DuPage County at 1952 McDowell Road, near the intersection of Route 59 and Diehl Road, this four-story building provides convenient access to the I-88 interchange and the greater Chicagoland area. The 57,702 square foot building boasts modern amenities including individually controlled HVAC systems with web-based management, high-speed fiber optic internet, 24-hour keyless access, and a state-of-the-art security system with web-based cameras. Energy efficiency is maximized through programmable lighting, door locks, and thermostats. Ample parking is available with a generous 4:1,000 square foot ratio (231 spaces total). The building's excellent location places tenants within minutes of the Fox Valley Shopping Mall, Lifetime Fitness, daycares, restaurants, and hotels. Rent includes property taxes, electricity, utilities, daily janitorial service, access to conference rooms, and common area maintenance. This is an exceptional opportunity for medical professionals seeking a well-equipped, conveniently located office space in a thriving Naperville business corridor.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,934,562
    6.5%
    $8,247,288
    7%
    $7,658,196
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,023,570
    Geo Method
    $6,445,030
  • Alternative Use

    Use
    Valuation
    Residential
    $10,226,638
    Hospitality
    $9,367,545
    Educational
    $7,793,688
    Medical
    $8,061,724
    Retail
    $12,123,514
1952 Mc Dowell Rd, Naperville, Illinois
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Location Insight

City
Naperville
County
Dupage
State
Illinois
Latitude
41.7959
Longitude
-88.2034
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
$71,532
$267,200
$802,640
$1,069,840
-
$801,600
$2,407,920
$3,209,520

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