Property profile

1444 N Farnsworth Ave Aurora, IL 60505

FOR LEASE
Office Spaces
Property ID
US28-2255215
50,298 SF 1.63 ac lot Built 1975
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A office building, located at 1444 N Farnsworth Ave in Aurora, Illinois, offers a prime opportunity for businesses seeking versatile and modern workspace. The six-story Farnsworth Office Center boasts a total of 57,000 square feet, with 38,007 square feet currently available for lease. Spaces are divisible to a minimum of 1,093 square feet, with a maximum contiguous space of 8,474 square feet, catering to a range of business sizes and needs. The building's convenient location offers easy access to I-88 via the Farnsworth Ave exit and proximity to the Premium Outlet Mall. Tenants will enjoy the benefit of a fully-serviced conference center, a state-of-the-art fitness center, and a comfortable tenant lounge, enhancing productivity and employee well-being. This multi-tenant building provides a professional and amenity-rich environment in the desirable Kane County market, making it an ideal location for businesses seeking a strategic and convenient address. The building's modern design and high-quality finishes reflect its Class A designation, ensuring a sophisticated and productive work environment. Contact us today to explore leasing options and secure your space in this exceptional Aurora office building.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1975
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 50,298 SF
Lot 1.63 ac (71,003 SF)
APN 15-11-426-039
UPID US28-2255215

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
  • Mobile Phone Store Electronics & Wireless Store
  • Accounting Firm Tax Preparation
  • Fingerprinting Service
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Law Firm

Location

1444 N Farnsworth Ave Aurora, IL 60505
Aurora metro Census 852907 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.23M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.86M

Owner & transaction history

since 2022
Last sale
$2.1M
2 recorded transactions
2023
Price N/A
2022
$2.1M

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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