386 N York Rd - Medical FOR SALE


Elmhurst, IL 60126- Downtown Elmhurst
$3,000,000 USD
630-347-3207
386 N York Rd, Elmhurst, IL for Sale
$3,000,000 USD
Medical - FOR SALE
1/36
null | 7.67% Cap Rate

386 N York Rd
Elmhurst, IL 60126
Downtown Elmhurst


HIGHLIGHTS

  • This property is located 15 minutes from Edward/Elmhurst Hospital
  • The property is professionally managed by Colliers
  • New roof was installed in 2021
  • Majority of office suites are on the second floor, where hallway flooring was updated with luxury vinyl. Artwork was added to the walls.

OVERVIEW

Prime Medical Office Building for Sale. Discover a remarkable opportunity to acquire a fully occupied, medical office building, strategically located to serve a diverse clientele. Endeavor Edward Elmhurst Hospital is only 15 minutes away. Recent tenants were brought in on NNN leases. This property features a large medical practice on the first floor with 10 specialized suites on the second floor, ensuring an excellent mix of medical professionals at your fingertips.The property is home to a commendable tenant roster, including medical doctors, dentists, sports and performance specialists, psychologists, behavioral health experts, chiropractors, massage therapists, and a dermatologist. This variety not only enriches the community's health services but also enhances the building's overall appeal and tenant stability. With convenient elevator access from a covered parking area alongside a staircase, clients and patients will enjoy easy navigation throughout the building. Recent upgrades include a new roof, refreshed exterior, updated lighting with motion sensors, and refurbished second-floor hallways, ensuring a modern and welcoming atmosphere. Additional enhancements such as the common areas have new flooring, fresh paint, and newly installed skylights add to the building's aesthetics and functionality. This property encompasses two PIN numbers and is professionally managed by Colliers Property Management Services, providing peace of mind and professionalism in management. Don't miss the chance to invest in this prime real estate, perfectly poised for sustained growth and profitability in the medical sector. Contact us today for more information and to schedule a viewing! Pin numbers: 0335412017 and 0335412018.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$149 USD /SF

CAP RATE

7.67%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

B2

APN/PARCEL ID

03-35-412-017,03-35-412-018

ASK ABOUT THIS PROPERTY

Laura TomsaBrummel PropertiesMore Info
630-347-3207

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Laura TomsaBrummel PropertiesMore Info
630-347-3207

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.