1975 Melissa LnAurora, IL 60506

For Sale
$4,750,000

62,347 SF Medical Office Building, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional value-add investment opportunity presents a 62,347 square foot medical office building situated on a 4.24-acre lot in Aurora, Illinois (APN: 14-12-225-003). The property, built in 2006, boasts 214 parking spaces and offers significant upside potential. Currently, approximately 41,437 square feet are leased to All Pets Wellness under a ten-year lease, and an additional 8,500 square feet (pool area) is leased month-to-month to Swim With Bill, presenting a long-term leasing opportunity. A substantial 12,410 square feet of vacant medical office space (formerly occupied by Amita Health) is available for immediate lease or redevelopment. The property's former health club space and existing medical tenants provide a strong foundation for continued growth. The location benefits from two new industrial developments in the immediate vicinity, suggesting potential for conversion to industrial use if desired. This multi-tenant property is priced at $4,750,000 and offers a compelling return on investment for savvy investors seeking a value-add opportunity in a thriving Illinois market. The property is located at 1975 Melissa Lane, Aurora, IL 60506.

Highlights

  • 41,437 SF former health club space, leased with a ten-year lease.
  • 12,410 SF medical office space, previously occupied by Amita Health.
  • 8,500 SF pool area, month-to-month lease with long-term potential.
  • Approximately 214 parking spaces.
  • Suitable for industrial conversion; two new industrial developments nearby.

Property Details for 1975 Melissa Ln

Property type
Other retail properties, Other office properties
Square Feet
62,347 SF
Year Built
2006
Lot Size (sq. ft)
184,694 SF

Location Insight

City
Aurora
County
Kane and DuPage Counties
State
Illinois
Latitude
41.792973
Longitude
-88.3820473
1975 Melissa Ln, Aurora, Illinois

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1975 Melissa Ln
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