277 N York St Elmhurst, IL 60126
- Medical offices
- 2,470 SF
- 0.18 lot acres
Current Use by Public Records
- Dr. Robert M. Turf, DPM / Orthopedic Supplies Store / Orthopedic Surgeon
- Elmhurst Podiatry Center Ltd / Podiatrist
Property Details for 277 N York St
- Year built
- 1921
- Lot size
- 0.18 lot acres
- Property size
- 2,470 SF
- Zone code
- C
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 06-01-100-035
- APU
- 601100035
Description
This exceptional 2,200 square foot medical office building, located at 277 N York St in Elmhurst, IL, is offered for sale at $950,000. Situated on a high-visibility corner in downtown Elmhurst, at the intersection of York Street and North Avenue, this two-story, 1921-built property boasts 100% occupancy. The building features a flexible open floor plan, perfect for a variety of medical uses. Amenities include a spacious reception area, conference room, private office, kitchen and break room, two restrooms, and seven exam rooms. A significant advantage is the inclusion of a previously JCAHO-certified surgical suite. The large basement offers direct access to the parking lot, providing ample parking for staff and clients. This thriving location offers easy access to public transportation and numerous amenities. The property is currently a single-tenant building and is being sold by the owner. Cash offers are welcome. This represents a rare opportunity to acquire a prime medical office building in a highly desirable Elmhurst location. The asking price reflects a price per square foot of $704.55.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $310,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $390,000
- 6.5%
- $380,000
- 7%
- $435,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $370,000
- Geo Method
- $455,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $465,000
- Retail
- $490,000
- Mixed-Use
- $360,000
- Hospitality
- $425,000
- Educational
- $425,000
- Residential Income
- $380,000
- Energy
- $450,000
- Income-Based Land
- $355,000
- Food Service
- $385,000
Location Insight
- Map
- Local Demand
- City
- Elmhurst
- County
- Dupage
- State
- Illinois
- Longitude
- -87.9395
- Latitude
- 41.9059
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA