Property profile

970 N Oaklawn Ave Elmhurst, IL 60126

FOR LEASE
Industrial properties
Property ID
US28-0822966
37,587 SF 2.15 ac lot Built 1977
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional executive office building, located at 970 N Oaklawn Avenue in DuPage County, offers 39,069 square feet of prime office space with a multi-tenant occupancy. Currently, there are two available suites, ranging from 1,431 to 2,734 square feet, totaling 2,018 square feet of immediately leasable space. The building boasts convenient access to two full I-290 interchanges at Route 83 and York Road, ensuring effortless commutes for employees and clients. The property is fully compliant with the Americans with Disabilities Act, providing accessibility for all. High-speed internet connectivity is readily available through Comcast Fiber Metro Ethernet, offering speeds up to 10 Gbps. Operating expenses include electricity for common areas and HVAC systems, simplifying budgeting and management. Ample parking is provided, with approximately four spaces available per 1,000 square feet of office space. Security features include electronic access cards and comprehensive video surveillance, ensuring a safe and secure environment for tenants and their belongings. This presents a unique opportunity to secure high-quality office space in a desirable DuPage County location with excellent amenities and infrastructure. The available space is ideal for businesses seeking a modern, efficient, and well-connected workspace.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1977
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 37,587 SF
Lot 2.15 ac (93,654 SF)
Zoning code I
APN 03-26-104-009
UPID US28-0822966

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
  • Big Box & Wholesale Store
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency
  • Limousine Service Transportation Service

Location

970 N Oaklawn Ave Elmhurst, IL 60126
Elmhurst metro Census 840705 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.72M
CAP Approach CAP
$2.49M
Comparable Approach Comparable
$1.76M
Blend (final) Blend
$2.71M

Owner & transaction history

since 2021
Last sale
$2.3M
7 recorded transactions
2022
Price N/A
2021
Price N/A
2000
Price N/A
1999
Price N/A
1998
$2.3M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

I · 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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More about this property
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