474 Division Dr Ste H, Sugar Grove, IL 60554-5120
This exceptional investment opportunity presents two vacant medical office condos totaling 4,366 square feet, situated at 474 Division Drive in Sugar Grove, Illinois, zip code 60554. The Class B building, constructed in 2008, is a brick structure ideally suited for a variety of medical practices, legal offices, insurance agencies, or similar professional uses. Currently in shell condition, this property offers a blank canvas for customization to meet specific tenant needs. The property is zoned B and features a multi-tenant lease type (NNN). Located near the intersection of Route 47 and Park Avenue, this prime location benefits from high visibility and significant traffic volume, with approximately 15,800 vehicles per day on Route 47. The surrounding area offers convenient access to a wealth of amenities, including retail stores, fast-food restaurants, banks, and grocery stores, ensuring a convenient and attractive environment for both tenants and clients. The asking price for this two-unit, 4,366 square foot property is $320,000. This is a rare opportunity to acquire a well-located, versatile medical office building in a thriving community. Don't miss out on this chance to own a piece of Sugar Grove's commercial real estate market.
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Brightest Stars Preschool High School Daycare Center
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Dave Servatius - Financial Advisor, Ameriprise Financial Services, LLC Financial Advisor
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Crosstown Financial Advisors - Ameriprise Financial Services, LLC Financial Advisor
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Christopher A Forbes - Financial Advisor, Ameriprise Financial Services, LLC Financial Advisor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.