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361 Old Indian Trail Rd
Aurora, IL 60506
IL Dept. of Health and Human Services · Office Property For Sale

INVESTMENT HIGHLIGHTS

  • 100% Occupied - Single Tenant | Very Strong & Stable Tenant for 53 Years - Occupied the Building Since 1971
  • Over Four Years Left on New Five-Year Extension; Lease Expires 4/30/2028
  • (1) 5-Year Renewal Option with Rent Increases on 5/1/2029 and 5/1/2031
  • State’s Leasing Department has been Contacted and they have No Plans to Relocate this Tenant
  • 2% Rent Increase 5/1/2025 and 5/1/2027
  • The Current S & P Credit Rating for the State of Illinois Has Been Upgraded to A- | Expansion Land Included

PROPERTY FACTS

Property Type
Office
Building Size
19,758 SF
Building Class
B
Year Built
1969
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
9,879 SF
Building FAR
0.29
Lot Size
1.57 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-16-227-001
Land Assessment
$35,810
Improvements Assessment
$508,332
Total Assessment
$544,142
  • Listing ID: 28550317

  • Date on Market: 5/22/2023

  • Last Updated:

  • Address: 361 Old Indian Trail Rd, Aurora, IL 60506

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