New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,130,000
Medical Office Space
4050 Healthway Dr, Aurora, IL 60504-8183
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-0053670
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1988
Total area
47,801 SF
Lot
6.75 ac (294,030 SF)
Zoning code
C
APN
07-28-209-003
UPID
US28-0053670
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
-
Ola Kawadry DO Physician
-
Kristina Sinacori Walick MD Physician
-
Michael A. Paul MD Pediatrician Medical Clinic
-
David A. Roberson MD Pediatrician Medical Clinic
-
Joshua Hanwin Wong MD Pediatrician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.13M
Owner & transaction history
Advocate Health And Hospitals Corp · 3 yrs held
Advocate Health And Hospitals Corp
since 2023
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
C · Aurora, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Aurora submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Aurora submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$810,000
ML approach
$1,195,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.13M
Range $1.02M – $1.24M · ±10% · vs last sale $1.26M (Feb 16 2023)
Last sale anchor
$1.26M
Feb 16 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$24 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$109,237
Tax year 2023
Assessed value
$1,344,140
Assessed 2023
Previous assessed
$707,910
+89.9% YoY
Effective rate
8.13%
On assessed value
Assessed land
$400,070
Assessed improvement
$944,070
Land market value
$1,200,210
Improvement market value
$2,832,210
Total market value
$4,032,420
Applied tax rate
7,045.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1988
Heating
NONE
Total area
47,801 SF
Lot
6.75 ac (294,030 SF)
Zoning code
C
APN
07-28-209-003
UPID
US28-0053670
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Aurora, IL
Zoning C · permitted uses
C · Aurora, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Aurora. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Heating
NONE
Lot
6.75 ac
Current owner
From public records · entity-resolved
Advocate Health And Hospitals Corp
Entity
Mailing address
800 W MADISON ST STE #400, CHICAGO, IL 60607-2481
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 16, 2023
—
Advocate Health And Hospitals Corp
Dreyer Clinic INC
Quit Claim Deed
related
—
Mar 8, 2018
—
Aurora Medical Office LLC
—
Grant Deed
related
$5,170,000 · Lake Forest Bk&tr
Aug 8, 2017
—
Aurora Medical Office LLC
—
Deed
related
—
Feb 14, 2017
—
Aurora Medical Office LLC
—
Deed
related
—
Mar 17, 2010
$1,258,000
Aurora Medical Office LLC
Windrose Fox Valley Props LLC
Grant Deed
$6,735,000 · First Midwest Bank
Jul 6, 2005
$4,100,000
Windrose Fox Valley Props LLC
Copley Ventures INC
Grant Deed
—
—
—
Aurora Medical Office LLC
—
Deed Of Trust
related
$3,550,000 · General Elec Cap
—
—
Aurora Medical Office LLC
—
Loan Modification
related
$6,735,000 · First Midwest Bank
—
—
Aurora Medical Office LLC
—
Loan Modification
related
—
—
—
Aurora Medical Office LLC
—
Loan Modification
related
—
—
—
Windrose Fox Valley Props LLC
—
Deed Of Trust
related
$60,000,000 · Huntington National Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4050 Healthway Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
