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$2,850,000
Est. payment /mo
13,680 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office/Tech
Listing Status Active
Purchase Type For Sale
Square Footage 13,680 sqft
Price per Sqft $208
MLS Listing ID 12573508
Year Built 1989
Annual Tax Amount $33,628
Tax Year 2024
Lot Size 1.040 Acres
Lot Dimensions 45561
Property Sub-Type Office/Tech
Property Description
Brighton Commons is a fully occupied, three-story medical/office building comprised of 13,719 square feet, currently demised into four suites. The tenancy includes three established medical tenants and one professional office tenant. With an ongoing transition toward medical office use, there is significant potential to further enhance the asset's value by securing an additional medical tenant and converting the third floor to medical office space upon expiration of the existing lease with Century 21 in April 2028. This is a unique opportunity for investors to capitalize on the healthcare demand. The asset is strategically located in the prestigious Naperville submarket, benefiting from strong demographics and high visibility. Located one mile from Edward Hospital and also in a strong medical market, the property is ideally located for medical tenants. Additionally, within a three-mile radius, the average household income exceeds $201,000, underscoring the area's affluence and consumer purchasing power. The property enjoys excellent exposure at the intersection of Rickert Drive and 75th Street, where traffic counts are 30,000 vehicles per day, providing significant visibility and accessibility for potential tenants and customers. Located in DuPage County, the property benefits from comparatively lower real estate taxes than neighboring counties. Notably, the property's tax burden has remained exceptionally stable over the past three years. Brighton Commons represents a rare opportunity to acquire a newly updated and well-positioned medical/office asset in one of the most sought-after suburban markets within the Chicago metropolitan area. With three long-term medical tenants in place and clear value-add potential, the property offers both stability and upside. Situated in the highly desirable Western East/West Corridor submarket, where demand for medical office space remains exceptionally strong, Brighton Commons stands out as an ideal investment for those seeking long-term growth and resilience in a supply-constrained healthcare office environment.
Location
State IL
County Dupage
Area Naperville
Zoning PUD
Interior
Cooling Central Air
Flooring Carpet, Tile
Fireplace N
Exterior
Utilities Available Electric to Site, Natural Gas Available, Sewer Connected
Roof Type Membrane
Building
Dwelling Type Office/Tech
Water Municipal Water
Structure Type Brick,Concrete,Steel Siding
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Listed by Olivia Czyzynski of Sperry Van Ness