This exceptional Class A medical office building, constructed in 2010, offers a prime opportunity for medical professionals seeking flexible and modern space in Wheaton, Illinois. Located at 2001 N Gary Ave, this single, two-story building boasts a total of 25,269 square feet and features multiple tenancy options. Suites range in size from 1,412 square feet to a generous 4,190 square feet, catering to a variety of practice needs. The building's strategic location in DuPage County places it within a densely populated area, with nearly 50,000 residents within a two-mile radius. This advantageous position offers excellent visibility and accessibility for patients and staff alike. The property benefits from its proximity to major healthcare providers, including Northwestern Medicine and Central DuPage Hospital, further enhancing its appeal and potential for success. To assist with tenant build-out, construction allowances are available. Furthermore, prominent building signage opportunities are available for enhanced brand visibility. This is a rare opportunity to secure high-quality medical office space in a thriving location. The property is situated in a high-traffic area with easy access to major transportation routes. Contact us today to learn more about leasing options and available suites.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$4,624,912
6.5%
$4,269,150
7%
$3,964,210
Comparable approach
Method
Valuation
Relative Method
$2,600,415
Geo Method
$3,336,224
Alternative Use
Use
Valuation
Residential
$5,293,745
Hospitality
$4,849,042
Educational
$4,034,346
Medical
$4,173,094
Retail
$6,275,650
Location Insight
City
Wheaton
County
Dupage
State
Illinois
Latitude
41.8857
Longitude
-88.1208
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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