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Integrated Medical Center
For Sale
$17,526,102

104 Ashland Ave, Mt Zion, IL 62549

Orthopedic care, therapy, athletic performance and diagnostic imaging are offered at the same campus.

Property Size45,132 SF
Days on Market8

Property Features for 104 Ashland Ave

General Information

Standard status Active
Size 45,132 SF
Property subtype Commercial
Occupancy 100%
Lease Term ±11.6
Net Operating Income $1,139,197

Building Details

Building Size 45,132 SF
Tenancy Multi
Listed By: Remi Bogdanovich · License #02236192 (CA)
Source: Matthews
Added: Oct 7 Changed: Oct 10 Last Checked: Oct 12 at 4:41PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Remi Bogdanovich

Investment Insights

Based on property information with market context.

The medical campus brings together orthopedic services, physical therapy, athletic performance and diagnostic imaging. Imaging capabilities include MRI, CT, ultrasound, bone density and DEXA, with a 3-Tesla MRI onsite. DOC’s clinical and physical therapy spaces are expected to receive new 15-year NNN leases at closing, with scheduled rent increases. Memorial Health operates the imaging center under a long-term NNN lease.

DOC has received CON approval for an ambulatory surgery center and plans to begin construction in summer 2026, directly across the street from the existing campus. The proposed facility is intended to complement DOC’s current services. The property is located at 104 Ashland Ave in Mt. Zion, Illinois.

Key Highlights

  • DOC clinical and physical therapy spaces to receive new 15‑year NNN leases at closing
  • Memorial Health operates the imaging center under a long‑term NNN lease
  • Onsite imaging includes MRI, CT, ultrasound, bone density and DEXA, including a 3‑Tesla MRI

Property Analytics

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Current Use

Rachelle A. Parra, PT, ... Physician Decatur Orthopedic Center Medical Clinic Dr. Daniel R. ... Physician Decatur Orthopedic Group Physician Donald N. Sullivan, ... Physician

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Parts Store HVAC Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

218
Businesses Nearby

Demographics for 62549, IL

6,282
Population
2,554
Households
2.5
Avg Household Size
41
Median Age
31%
College-Educated
98%
High-School Grad
8.1 sq mi
ZIP Area
776
Density / Sq Mi
$109,350
Median Household Income
$52,835
Median Earnings
$696
Median Rent
$186,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Medical center - Orthopedic care, therapy, athletic performance and diagnostic imaging are offered at the same campus.
Where is this medical center located?
The property is located at 104 Ashland Ave Mt Zion, IL.
What is the asking price?
The asking price for this property is $17,526,102.
What are key features of this property?
This property features: DOC clinical and physical therapy spaces to receive new 15‑year NNN leases at closing; Memorial Health operates the imaging center under a long‑term NNN lease; Onsite imaging includes MRI, CT, ultrasound, bone density and DEXA, including a 3‑Tesla MRI
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