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    OFF-MARKET
    Medical Office Space

    277 York St, Elmhurst, IL 60126-2726

    2,470 SF 0.18 ac lot Built 1921
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US28-1983212
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1921
    Total area 2,470 SF
    Lot 0.18 ac (7,841 SF)
    Zoning code C
    APN 06-01-100-035
    UPID US28-1983212
    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
    • Dr. Robert M. Turf, DPM Physician
    • Elmhurst Podiatry Center Ltd Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Highrise Horizon Holdings LLC · 2 yrs held
    Highrise Horizon Holdings LLC
    since 2023
    Last sale
    $350,000
    2 recorded transactions
    2023
    $350,000
    2022
    $225,000
    Zoning & alternative use
    C · Elmhurst, IL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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