1301 Pyott RdLake in the Hills, IL 60156

For Sale
Call for price

94% Occupied, Multi-Tenant Medical Office

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional two-story, Class B medical office building, situated on a 2.66-acre lot in Lake in the Hills, Illinois (60156), presents a compelling investment opportunity. The property, built in 1997, boasts 30,665 square feet of total space, with 25,774 square feet of net rentable area. Currently enjoying a 94% occupancy rate, the building houses 22 tenants, including established healthcare providers such as HLC Therapy Group, Pebblebrook Pediatric, Decision One Dental, and Lake in the Hills Endodontics. The strong tenant mix, featuring a combination of longstanding and newer leases, provides immediate cash flow and a solid foundation for future growth. Ample parking is available with 105 spaces. The property is zoned B-4 and features excellent visibility, making it an attractive location for medical professionals and patients alike. This presents a unique chance to acquire a well-maintained asset in a thriving Northwest Chicago suburb, with the potential to increase value through lease extensions and tenant retention within this highly sought-after medical market. The property's address is 1301 Pyott Rd, with APN 19-21-177-001.

Highlights

  • 94% occupancy, multi-tenant medical office building.
  • Strong tenant mix with a blend of established and new leases.
  • Value-add opportunity through lease extensions.
  • Well-maintained building with high visibility.

Property Details for 1301 Pyott Rd

Property type
Other office properties, Medical offices
Square Feet
30,665 SF
Class
B
Year Built
1997
Buildings
1
Stories
2
Lot Size (sq. ft)
115,870 SF

Location Insight

City
Lake in the Hills
County
McHenry
State
Illinois
Latitude
42.190388580181
Longitude
-88.307807969928
1301 Pyott Rd, Lake in the Hills, Illinois

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1301 Pyott Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message