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IL Dept. of Health and Human Services

IL Dept. of Health and Human Services

100% Occupied - Single Tenant | Over Four Years Left on New Five-Year Extension

Very Stable Tenant - Occupied the Building Since 1971

The Current S & P Credit Rating for the State of Illinois Has Been Upgraded to A-

361 Old Indian Trail, Aurora, IL 60506

Request Offering Memorandum

361 Old Indian Trail, Aurora, IL.PNG
361 Old Indian Trail, Aurora, IL 2.PNG

Market Summary

Price                                    $1,787,930

Cap Rate                             8.75%

NOI                                      $156,444

Rentable SF                        19,758 SF

Price per SF                        $90.49

Year Built                            1969

Lot Size                               1.57 Acres


Marcus & Millichap is pleased the present the Department of Health and Human Services building at 361 Old Indian Trail Road in Aurora, IL. The property has been occupied by the state agency since the early 1970s and is believed to be the only tenant ever in the building.


The property is a two-story property, all brick clad with a flat roof. The current owner has taken great care to maintain the property and will be making further repairs prior to closing. The current lease extension calls for small increases for the term. The property will provide a passive income with little owner intervention.


Aurora, the second largest city in Illinois, continues to grow in both population and diversity. This makes the property very viable in the Illinois social services system. In addition, the location of the property will enable this property to be a long-term hold for a motivated buyer. There is a vacant lot next to the large parking lot. This could be given its own PIN and sold off for redevelopment as it is approximately one-half acre.

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