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892 S Frontenac St
Aurora, IL 60504

$2,145,667 USD

Medical For Sale  •  6,280 SF

Property Details

  • Property Type Medical
  • Total Building Size 6,280 SF
  • Lot Size 1.08 AC
  • Building Class B
  • Year Built 2009
  • Cap Rate 6.75 %
  • Tenancy Multiple
  • Zoning Office- PDD
0 Transit Score
32 Walk Score

Highlights

Extremely Passive Investment – This long-term single tenant healthcare investment features a landlord friendly lease structure
E-Commerce Resistant Tenant – Healthcare operators aren’t prone to the same competition that many retail tenants face.
Sticky Tenancy – Autism Therapy practices rarely relocate due to difficulty retaining the same patients in a new location, and the high cost of moving
Billion Dollar Market for Autism Therapy – The U.S. applied behavior analysis market size was estimated to be $4 billion in 2023.
Chicago MSA – Aurora is 2nd most populous city in IL, and part of the Chicago MSA. Chicago is the 3rd largest city in the United States.
Affluent Area with High Population – The 1-mile average household income in the area surrounding the property is over $129K/year
Cap Rate: 6.75 %

Amenities

  • Pond
  • Signage
  • Central Heating
  • High Ceilings
  • Natural Light
  • Open-Plan
  • Shower Facilities
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Route 59 Station (Burlington Northern-Santa Fe Railway Line - Northeast Illinois Regional Commuter Railroad (Metra)) 9 min - 4.3 mi
Aurora Station (Burlington Northern-Santa Fe Railway Line - Northeast Illinois Regional Commuter Railroad (Metra)) 13 min - 6.5 mi
AirportDriveWalkDistance
Chicago Midway International 45 min - 27.6 mi
Chicago O'Hare International 51 min - 34.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 25
Type: Surface
Included in Rent: Yes
Kyle Mackulak 310-919-5835 Matthews Real Estate Investment Services
Kyle Mackulak 310-919-5835 Matthews Real Estate Investment Services