Property profile

401 York St Elmhurst, IL 60126

OFF-MARKET
Commercial real estate
Property ID
US28-1606559
2,820 SF 0.27 ac lot Built 1986
Entity Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,500-square-foot medical office space in Elmhurst, Illinois, is ideally situated at 401 N York St, DuPage County, zip code 60126. Currently configured as a podiatrist's office, the entire space is available for lease at a rate of $32.50 per square foot annually. Alternatively, a single, dedicated procedure room is available for lease within the shared medical space for $1,200 per month. The property is a single-tenant office building, offering complete privacy and control. The building's total square footage is 2,500 square feet, with the entire space currently vacant and ready for immediate occupancy. This presents a unique opportunity for medical professionals seeking a move-in ready space in a prime Elmhurst location. The property's convenient location in DuPage County ensures easy access for patients and staff. This turnkey solution eliminates the need for extensive build-out and allows for a swift and efficient transition into practice. The flexible lease options cater to various needs and budgets, making this an attractive proposition for both established practices and new ventures. Interested parties are encouraged to inquire further to explore this exceptional opportunity.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1986
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,820 SF
Lot 0.27 ac (11,761 SF)
Zoning code C
APN 03-36-308-019
UPID US28-1606559

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
  • Physician
  • Physician
  • Physician
  • Physician

Location

401 York St Elmhurst, IL 60126-5510
Elmhurst metro Census 840600 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$370k
CAP Approach CAP
by Request
Comparable Approach Comparable
$450k
Blend (final) Blend
$440k

Owner & transaction history

since 2018
4 recorded transactions
2018
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C · Elmhurst, IL

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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