111 Oak StNorth Aurora, IL 60542

  • Commercial real estate
  • 4,253 SF
For Lease
$20/SF/YR View listing

Property Details for 111 Oak St

Year built
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.48 AC
Property size (Sq ft)
4,253 SF
Property type
Commercial real estate
APN
15-04-201-023
APU
1504201023

Description

This exceptional medical office building, located at 111 Oak St, North Aurora, IL 60542, presents a unique investment opportunity. Situated on a 0.48-acre lot at the intersection of Lake Street and Oak Street, this single-story, 2,365 square foot building offers immediate occupancy. Built in 1969, the property features a 9-foot ceiling height and ample parking with 50+ spaces. The building is currently configured as a multi-tenant property with two suites, and 1,623 square feet of space is currently vacant. Individual suites range from a minimum of 648 square feet to a maximum contiguous space of 975 square feet, providing flexibility for various medical practices. The property is zoned Commercial and has an APN of 15-04-201-023. Its location in the West Suburban Interstate 88 Corridor provides excellent visibility and accessibility. This property is ideal for medical professionals seeking a well-located, established space to expand their practice or for investors looking for a strong return in a thriving market. The property taxes are $0 per square foot. This is a rare opportunity to acquire a well-maintained medical office building in a desirable location. Contact us today to schedule a showing.

Location Insight

City
North Aurora
County
Kane
State
Illinois
Latitude
41.8082
Longitude
-88.3287
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$13,348
$34,342
$124,966
$159,308
-
$103,026
$374,898
$477,924

FAQs

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