110 17Th StSt. Charles, IL 60174

Property Details for 110 17Th St

Year built

1994

Lot size

0.13 AC

Property size (Sq ft)

3,831 SF

Property type

Commercial real estate

APN

09-33-126-019

APU

933126019

Description

This exceptional investment opportunity presents a 4,923 square foot, single-tenant medical office building located at 110 S 17th St, St. Charles, IL 60174. Currently 100% occupied under a net lease with Duly, a corporate guaranteed tenant, the property boasts a remaining lease term of approximately 3.4 years, expiring April 30, 2028. The lease commenced April 23, 2018, and includes annual rent bumps. The asking price is $1,002,000, representing a compelling $203.53 per square foot and a 10.21% cap rate based on a current NOI of $102,283. Built in 1994, this single-story building sits on a 0.4-acre lot and offers 20 parking spaces. The property benefits from its location in a high-traffic area, adjacent to W. Main Street (27,500 vehicles daily) and near N. Randall Road (35,800 vehicles daily). The surrounding area features strong economic drivers, including major national retailers such as Costco Wholesale (2.2 million annual visitors), Audi and Mercedes-Benz dealerships, and numerous restaurants and fitness centers. The property's strategic location and strong tenant provide a stable investment with significant redevelopment potential. Lease options include 2 and 5-year extensions. The property's Kane County APN is 09-33-126-019 | 09-33-126-036. This is a rare opportunity to acquire a well-located, income-producing asset with a strong tenant and future upside.

Location Insight

City

St Charles

County

Kane

State

Illinois

Latitude

41.9108

Longitude

-88.3345

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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