387 Shuman BlvdNaperville, IL 60563

Property Details for 387 Shuman Blvd

Year built

1982

Lot size

8.40 AC

Property size (Sq ft)

129,945 SF

Zone code

C

Property type

Office properties

Property subtype

Other office properties

APN

07-01-400-029

APU

701400029

Description

This exceptional Class A medical office space, located at 387 Shuman Blvd Suite 310W in Naperville, Illinois (zip code 60563), offers six available suites ranging from 335 to 660 square feet. Situated in the desirable East West Corridor of DuPage County, this three-story building is part of the iMed Campus North and boasts a completely renovated interior completed in 2020. The property features a grand atrium filled with natural light and live vegetation, creating a welcoming and professional atmosphere. High-speed internet access is provided via in-house fiber optic cables, offering superior speeds at competitive prices. Convenient covered drop-off and pick-up areas are available for patients, enhancing accessibility. Tenants benefit from access to multiple building conference rooms, accommodating up to 100 people, ideal for meetings and presentations. A fully programmable, remotely managed automation system ensures energy efficiency. The building's prime location offers unparalleled convenience, being less than a minute from the I-88 interchange, providing easy access to the greater Chicago metropolitan area. Nearby amenities include numerous retail options, restaurants, and hotels, perfect for both patients and business travelers. This property presents a unique opportunity for medical professionals seeking a modern, well-equipped, and conveniently located office space.

• CAP approach

  CAP return

  Valuation

  6%

  $23,463,112

  6.5%

  $21,658,258

  7%

  $20,111,240

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,192,430

  Geo Method

  $16,925,336

• Alternative Use

  Use

  Valuation

  Residential

  $26,856,240

  Hospitality

  $24,600,170

  Educational

  $20,467,054

  Medical

  $21,170,946

  Retail

  $31,837,638

Location Insight

City

Naperville

County

Dupage

State

Illinois

Latitude

41.805

Longitude

-88.1555

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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