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    FOR LEASE
    Office buildings

    1919 Midwest Rd, Oak Brook, IL 60523

    16,200 SF 1.04 ac lot Built 1978
    Entity Owned 7-yr Hold ~ Est. High Equity
    Property ID
    US28-2562002
    Property summary
    AI-generated overview

    This exceptional medical office building, located at 1919 Midwest Road in Oak Brook, Illinois, presents a unique leasing opportunity. The property boasts a total of 16,540 square feet, with 9,000 square feet currently available for lease. The building is zoned B-2 within Oak Brook's thriving business district in DuPage County, offering excellent visibility and accessibility. The property sits on a 0.95-acre lot and provides ample parking for tenants and their clients. The building's configuration allows for multiple tenancies, making it ideal for a variety of medical practices or related businesses. The spacious layout offers flexibility for customization to meet individual needs. This prime location in Oak Brook, zip code 60523, provides easy access to major transportation routes and a wealth of amenities. The building is well-maintained and ready for immediate occupancy. Serious inquiries are encouraged to explore this outstanding opportunity to establish or expand a medical practice in a highly desirable location. The available space is perfect for practices seeking expansion or new businesses looking for a well-established location. Don't miss this chance to secure your ideal medical office space in the heart of Oak Brook.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1978
    Total area 16,200 SF
    Lot 1.04 ac (45,302 SF)
    Zoning code C
    APN 06-22-303-042
    UPID US28-2562002
    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
    • Institute For Human Reproduction Physician
    • Arshi Basit MD Physician
    • Center For Womens Healthcare Medical Clinic Alternative Medicine Practice
    • Yu Mario C MD Physician
    • Humanus Association Or Organization
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.26M
    Owner & transaction history
    Dgenix Realty LLC · 7 yrs held
    Dgenix Realty LLC
    since 2018
    3 recorded transactions
    2018
    $1.9M
    2004
    1969
    Zoning & alternative use
    C · Oak Brook, IL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $3.7M +7.4%
    Retail stores $3.5M +2.8%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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