975 Meridian Lake DrAurora, IL 60504

Property Details for 975 Meridian Lake Dr

Year built

1999

Lot size

6.79 AC

Property size (Sq ft)

74,267 SF

Zone code

C

Property type

Office properties

APN

07-16-400-037

APU

716400037

Description

This exceptional executive office building at 975 Meridian Lake Drive offers 30,000 square feet of immediately available space, perfect for a corporate headquarters or large-scale operation. The building boasts a total of 74,300 square feet across multiple suites, situated on a generous 6.33 acres of land. A recent, comprehensive renovation in 2022 ensures modern, high-quality finishes throughout. The space is fully furnished and ready for immediate occupancy, eliminating the need for extensive setup and allowing for a seamless transition. Ample parking is provided with 456 spaces available for tenants and visitors. The building is owner-occupied and meticulously maintained, guaranteeing a consistently high standard of upkeep and a professional environment. Flexible lease terms are available to accommodate various business needs, with options ranging from 15,000 to 30,000 square feet. This is a rare opportunity to secure a prestigious and well-maintained office space in a prime location, offering both immediate availability and a sophisticated corporate setting. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $13,409,788

  6.5%

  $12,378,266

  7%

  $11,494,104

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,539,822

  Geo Method

  $9,673,277

• Alternative Use

  Use

  Valuation

  Residential

  $15,349,050

  Hospitality

  $14,059,647

  Educational

  $11,697,462

  Medical

  $12,099,755

  Retail

  $18,196,052

Location Insight

City

Aurora

County

Dupage

State

Illinois

Latitude

41.7753

Longitude

-88.2122

CBSA code

16980

CBSA name

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

Property Tax & Assessments

FAQs

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