1444 Farnsworth AveAurora, IL 60505

Property Details for 1444 Farnsworth Ave

Year built

1975

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.63 AC

Property size (Sq ft)

50,298 SF

Property type

Office properties

APN

15-11-426-039

APU

1511426039

Description

This exceptional Class A office building, located at 1444 N Farnsworth Ave in Aurora, Illinois, offers a prime opportunity for businesses seeking versatile and modern workspace. The six-story Farnsworth Office Center boasts a total of 57,000 square feet, with 38,007 square feet currently available for lease. Spaces are divisible to a minimum of 1,093 square feet, with a maximum contiguous space of 8,474 square feet, catering to a range of business sizes and needs. The building's convenient location offers easy access to I-88 via the Farnsworth Ave exit and proximity to the Premium Outlet Mall. Tenants will enjoy the benefit of a fully-serviced conference center, a state-of-the-art fitness center, and a comfortable tenant lounge, enhancing productivity and employee well-being. This multi-tenant building provides a professional and amenity-rich environment in the desirable Kane County market, making it an ideal location for businesses seeking a strategic and convenient address. The building's modern design and high-quality finishes reflect its Class A designation, ensuring a sophisticated and productive work environment. Contact us today to explore leasing options and secure your space in this exceptional Aurora office building.

• CAP approach

  CAP return

  Valuation

  6%

  $9,081,901

  6.5%

  $8,383,293

  7%

  $7,784,486

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,106,413

  Geo Method

  $6,551,314

• Alternative Use

  Use

  Valuation

  Residential

  $10,395,284

  Hospitality

  $9,522,024

  Educational

  $7,922,212

  Medical

  $8,194,669

  Retail

  $12,323,441

Location Insight

City

Aurora

County

Kane

State

Illinois

Latitude

41.7879

Longitude

-88.2828

CBSA code

16980

CBSA name

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

Property Tax & Assessments

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