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Single Tenant Office for Sale

$5,950,000

2900 Ogden Avenue, Lisle, IL 60532

Active
Last Updated: 06/26/2025

8.4

Cap Rate

418,277

NOI

Details:
Cap Rate:    8.4%
NOI:    $418,277
Building Size:    38,931 sqft
Lot Area:    2.67 acres
Occupancy:    100%
Class:    B
Year Built:    1966
Floors:    2
Highlights:
  • ±38,931 SF Two Story Office on 2.67 AC
  • Single-Tenant District School | 192 Student Capacity
  • Administration Offices | Conference Room
  • Learning Center | Audiology Testing | Transition Program
  • Security System | Heavy Power
  • 8'x8' DID | Warehouse
  • 190 Parking Spaces | Multiple Entries
Description:

SVN is pleased to present 2900 Ogden Avenue, a ±38,931 SF two-story Office Building on 2.67 acres in Lisle, Illinois. This investment opportunity has 6 years remaining with the current lease. SASED (The School Association for Special Education in DuPage County) is the single tenant that supports 18 member school districts in DuPage County with a AA+ credit rating from S&P. The first special education joint agreement (SASED) was established in 1957 and is one of the oldest and largest in the State of Illinois. This school and training facility has 190 parking spaces, 1 -8'x8' drive-in door, central and radiant heating/cooling, 2- 60 ton HVAC units (1 replaced in 2019), updated LED lighting, security system, new flooring, prep kitchen, improvements in 2022 to roof, sidewalk, parking lot.

This single-tenant office property for sale in Lisle, IL, is located in the dynamic west suburban Chicago market. Local, regional, institutional and governmental investors will be attracted to the area's access to major transportation hubs and a robust talent pool. Situated in proximity to prestigious medical institutions such as Northwestern Medicine, Central DuPage Hospital and Edward Hospital, the location ensures convenient access to top-tier healthcare facilities for employees and visitors. With its strategic position near renowned landmarks including the Morton Arboretum, Naper Settlement, and Danada Forest Preserve, this location epitomizes the perfect balance between urban connectivity and a serene environment. This property is primed for success in the thriving Chicago market.

Map:
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