858 Meridian Lake Drive

Off-Market

858 Meridian Lake Drive, Aurora, IL 60504

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - Flex - Office
  • Property Size 46,050 SF
  • Lot Size 5.08 Acre
  • Parking Spaces Avail. 266
  • Parking Ratio 5.79 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 2001

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Brokers

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Documents

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Sales

  • Purchase Date 29 Oct, 2021
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Aurora

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Aurora Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $20.60
  • 2022 Office Vacancy Rate 32.94%
  • 2022 Office Completions (SF)

Aurora Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2022 Avg. Price per SF $96.42
  • Y-o-Y Avg. PpSF Change 17.80%
  • 2022 Office Sales Volume $19M
  • 2022 Number of Transactions 4
View more Aurora market trends

Location

Getting Around

  • Walk Score ®

    27/100 Car-Dependent
  • Transit Score ®

    34/100 Some Transit
  • Bike Score ®

    37/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Aurora, IL
  • Neighborhood Westell
  • Zip Code 60504
  • Market Chicago

Points of Interest

  • Route 59

    0.50 miles

  • Naperville

    3.63 miles

  • Aurora

    4.80 miles

  • Winfield

    7.33 miles

  • West Chicago

    7.49 miles

  • Lisle

    7.56 miles

  • Wheaton

    8.23 miles

  • Geneva

    8.93 miles

  • College Avenue

    9.22 miles

  • Belmont

    9.24 miles

  • Aurora IL-59 Supercharger

    0.51 miles

  • Meijer

    0.61 miles

  • Delta Sonic

    0.75 miles

  • Speedway

    0.75 miles

  • BP

    0.87 miles

  • BP

    1.40 miles

  • Shell

    1.44 miles

  • Thorntons

    1.64 miles

  • Mobil

    1.65 miles

  • Speedway

    1.68 miles

  • St. Thomas the Apostle Church Park & Ride

    1.61 miles

  • Naperville Park & Ride / Community Christian Church

    1.70 miles

  • LOT E

    3.28 miles

  • Municipal Center Parking Deck

    3.30 miles

  • Nichols Library Parking Lot

    3.30 miles

  • LOT C

    3.30 miles

  • LOT D

    3.36 miles

  • Riverview Lot

    3.36 miles

  • Paw Paw Parking Lot

    3.37 miles

  • LOT B

    3.40 miles

  • Homewood Suites

    0.27 miles

  • Red Roof Inn

    1.83 miles

  • Sleep Inn

    2.00 miles

  • Fairfield Inn & Suites

    2.02 miles

  • Town Place Suites

    2.03 miles

  • Hotel Arista

    2.53 miles

  • Hilton Garden Inn Naperville/Warrenville

    2.85 miles

  • SpringHill Suites

    3.31 miles

  • Hotel Indigo

    3.38 miles

  • Residence Inn by Marriott

    3.83 miles

  • Red Lobster

    0.50 miles

  • Texas Roadhouse

    0.50 miles

  • Taco Dale

    0.50 miles

  • Bumper 2 Burger

    0.52 miles

  • JK Kabab

    0.54 miles

  • Patelli's

    0.54 miles

  • TGI Friday's

    0.55 miles

  • On The Border

    0.57 miles

  • Draft Picks

    0.57 miles

  • Panda Express

    0.60 miles

  • Robert Morris University DuPage Campus

    0.15 miles

  • Casa Dei Bambini Montessori School

    0.40 miles

  • All About Kids Montessori School

    0.64 miles

  • Longwood Elementary School

    1.19 miles

  • Thayer J Hill Middle School

    1.43 miles

  • Indian Plains High School

    1.57 miles

  • Metea Valley High School

    1.61 miles

  • Granger Middle School

    1.65 miles

  • Brookdale Elementary School

    1.79 miles

  • Gwendolyn Brooks Elementary School

    1.80 miles

  • Kiddie Academy of Naperville

    0.87 miles

  • Hummingbird Lane Daycare

    0.91 miles

  • Grace's Place Child Care

    1.51 miles

  • Canvas Daycare & Preschool

    1.55 miles

  • Chesterbrook Academy

    1.91 miles

  • KinderCare

    2.01 miles

  • KinderCare

    2.07 miles

  • All Saints Catholic Academy

    2.47 miles

  • KinderCare

    2.82 miles

  • KinderCare

    2.94 miles

Frequently Asked Questions

What is the total square footage of 858 Meridian Lake Drive?

858 Meridian Lake Drive totals 46,050 square feet.

When was this property built?

858 Meridian Lake Drive was built in 2001.

When was 858 Meridian Lake Drive last sold?

858 Meridian Lake Drive was last sold on 29 Oct, 2021.

What is the property tax for 858 Meridian Lake Drive?

The property tax for 858 Meridian Lake Drive in 2022 was $73,330.

What is the market value for 858 Meridian Lake Drive?

The market value* for 858 Meridian Lake Drive in 2022 was $2,623,350.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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