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Property profile & analytics
OFF-MARKET Estimated value $4,675,000
Office Spaces

161 Lincolnway North Aurora, IL 60542-1658

71,148 SF 2 ac lot Built 1970
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US28-0729278
Property summary
AI-generated overview

This exceptional three-story, 51,983 square foot Class B office building, located at 161 S Lincoln Way in North Aurora, IL 60542, offers a diverse range of medical and traditional office suites available for lease. Built in 1970 and extensively renovated in 2023, the property boasts updated common areas, a new roof, modernized HVAC systems, and refreshed restroom facilities. The building is conveniently situated along Route 31 (Lincolnway), providing excellent access to I-88, ensuring convenient commutes for tenants and clients. Suites are available in various sizes, starting at 796 square feet, making it suitable for businesses of all sizes. The property features multiple tenancies, offering flexibility and a vibrant professional environment. Recent renovations provide a "plug and play" experience, minimizing tenant improvement costs and allowing for immediate occupancy. The attractive rental rates represent significant value for the area, making this a compelling opportunity for businesses seeking high-quality office space in a prime North Aurora location. The building's modern amenities and convenient location combine to create an ideal workspace.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1970
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 71,148 SF
Lot 2 ac (87,120 SF)
APN 15-04-426-011
UPID US28-0729278
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Amy Adams, APN Physician
  • Syed Ali Physician
  • FCB Transport Inc Trucking Company
  • Fiona Arthurs Marriage Or Relationship Counselor
  • Brightside Recovery of North Aurora Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.82M
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.34M
Blend (final) Blend
$4.68M
Owner & transaction history
161 Lincolnway Gccp LLC · 4 yrs held
161 Lincolnway Gccp LLC
since 2021
Last sale
$4.2M
7 recorded transactions
2021
$4.2M
2018
Price N/A
2013
Price N/A
2012
Price N/A
2008
Price N/A
2007
Price N/A
2007
$1.8M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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