Property profile

2001 Gary Ave Wheaton, IL 60187

OFF-MARKET
Medical Office Space
Property ID
US28-2186155
25,614 SF 1.7 ac lot Built 2008
Trust Owned 11-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A medical office building, constructed in 2010, offers a prime opportunity for medical professionals seeking flexible and modern space in Wheaton, Illinois. Located at 2001 N Gary Ave, this single, two-story building boasts a total of 25,269 square feet and features multiple tenancy options. Suites range in size from 1,412 square feet to a generous 4,190 square feet, catering to a variety of practice needs. The building's strategic location in DuPage County places it within a densely populated area, with nearly 50,000 residents within a two-mile radius. This advantageous position offers excellent visibility and accessibility for patients and staff alike. The property benefits from its proximity to major healthcare providers, including Northwestern Medicine and Central DuPage Hospital, further enhancing its appeal and potential for success. To assist with tenant build-out, construction allowances are available. Furthermore, prominent building signage opportunities are available for enhanced brand visibility. This is a rare opportunity to secure high-quality medical office space in a thriving location. The property is situated in a high-traffic area with easy access to major transportation routes. Contact us today to learn more about leasing options and available suites.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2008
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 25,614 SF
Lot 1.7 ac (74,052 SF)
APN 05-08-200-030
UPID US28-2186155

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
  • Pediatrician Physician
  • Pediatrician Physician
  • Pediatrician Physician
  • Physician
  • Physician

Location

2001 Gary Ave Wheaton, IL 60187-3264
Wheaton metro Census 841802 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.12M
Blend (final) Blend
$3.30M

Owner & transaction history

since 2015
2 recorded transactions
2015
$9.0M
1969
Price N/A

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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