1919 Midwest RdOak Brook, IL 60523

Property Details for 1919 Midwest Rd

Year built

1978

Lot size

1.04 AC

Property size (Sq ft)

16,200 SF

Zone code

C

Property type

Office buildings

APN

06-22-303-042

APU

622303042

Description

This exceptional medical office building, located at 1919 Midwest Road in Oak Brook, Illinois, presents a unique leasing opportunity. The property boasts a total of 16,540 square feet, with 9,000 square feet currently available for lease. The building is zoned B-2 within Oak Brook's thriving business district in DuPage County, offering excellent visibility and accessibility. The property sits on a 0.95-acre lot and provides ample parking for tenants and their clients. The building's configuration allows for multiple tenancies, making it ideal for a variety of medical practices or related businesses. The spacious layout offers flexibility for customization to meet individual needs. This prime location in Oak Brook, zip code 60523, provides easy access to major transportation routes and a wealth of amenities. The building is well-maintained and ready for immediate occupancy. Serious inquiries are encouraged to explore this outstanding opportunity to establish or expand a medical practice in a highly desirable location. The available space is perfect for practices seeking expansion or new businesses looking for a well-established location. Don't miss this chance to secure your ideal medical office space in the heart of Oak Brook.

• CAP approach

  CAP return

  Valuation

  6%

  $4,876,468

  6.5%

  $4,501,354

  7%

  $4,179,830

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,110,050

  Geo Method

  $2,110,050

• Alternative Use

  Use

  Valuation

  Residential

  $5,581,680

  Hospitality

  $5,112,788

  Educational

  $4,253,780

  Medical

  $4,400,074

  Retail

  $6,616,992

Location Insight

City

Oak Brook

County

Dupage

State

Illinois

Latitude

41.8504

Longitude

-87.9721

CBSA code

16980

CBSA name

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

Property Tax & Assessments

FAQs

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