Health Care

Elgin, IL Healthcare Properties for Sale

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Wauconda, IL Algonquin, IL Bartlett, IL South Elgin, IL Streamwood, IL St Charles, IL Sleepy Hollow, IL Carpentersville, IL
Medical Office Space with Rand Road Frontage
Updated: May 16, 2023
Medical Office Space with Rand Road Frontage

280 N Rand Road, Lake Zurich, IL 60047

$850,000
Medical office property with frontage on Rand Road (Rte 22)
North suite includes plumbing and wiring for dental or medical use
Four private restrooms plus reception, exam or office rooms, kitchenette, and conference areas
South suite offers one full bath, one half bath, two large offices, storage, and workspaces
Central air; building constructed in 1995
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Renovated Hospital Campus
Updated: Apr 12
Renovated Hospital Campus

901 Center St, Elgin, IL 60120

Contact for pricing
13.70 AC lot
13.7‑acre hospital site at 901 Center St., Elgin, IL 60120
Renovated for a 275‑283‑bed configuration
Renovation completed in April 2020
Upgrades include HVAC, electrical, IT, windows, entry doors, lighting, ceilings, and flooring
Previously operated as Advocate Sherman Hospital
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53 Acre Development Parcel
53 Acre Development Parcel

Hoffman Estates, IL 60010

Contact for pricing
53.00 AC lot

Rare infill parcel in South Barrington, A+ rated school district.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 3 Active listings in Elgin, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Storefront Medical Center
Storefront Medical Center

960 E DUNDEE RD, Palatine, IL 60074

Contact for pricing
5,250 sqft

For sale medical center property at 960 E Dundee Rd in Palatine, providing a dedicated healthcare-ready retail-style setting.

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Salon Spa & Wellness Property
Salon Spa & Wellness Property

1101 Weiland Road, Buffalo Grove, IL 60089

$35,000
2.32 AC lot

Operating salon with installed equipment, client amenities, and a lease assignment that includes a five-year renewal option.

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Salon Business with 7 Stations
Salon Business with 7 Stations

1101 Weiland Road, Buffalo Grove, IL 60089

$35,000

Salon business with transferable lease, operating equipment, supplies, and a corner-site setting with on-site parking.

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Remodeled Cosmetology School and Salon
Remodeled Cosmetology School and Salon

9999 confidential Avenue, Palatine, IL 60067

$74,500
0.05 AC lot

Dual-purpose beauty education and salon business with updated furnishings, treatment space, classroom facilities, and included inventory.

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Off-Market Properties in Elgin, IL

Consider similar Off-Market properties in Elgin, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

551-589 Wing St
Medical Office Space

551-589 Wing St, Elgin, IL 60123

Value Estimation by Request
61,724 sqft
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1590 Weatherstone Ln
Medical Office Space

1590 Weatherstone Ln, Elgin, IL 60123

Value Estimation by Request
1,000 sqft
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Elgin, IL Healthcare Properties Market Trends and Statistics

Explore 5 healthcare properties for sale in Elgin, IL, showcased through 3 active listings on our real estate platform.

Sale prices for medical real estate in Elgin, IL average $850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Medical centers 3
Hospitals 1

Demographics Overview

Population 124K
Population Growth (5Y) +2.9%
Median Household Income $93,679
College Educated 31.3%

Taxes & Financing

Tax Rate (average for all types) 9.70%
Property Tax per SF $55.97 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Elgin fall within the 100,000+ square foot range.

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