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Medical Office Space Available
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303 W Lake St, Addison, IL 60101

Class A medical office building anchored by Edward-Elmhurst Health.

Space Size1,080 SF
Property Size51,446 SF
Days on Market271

Property Features for 303 W Lake St

General Information

Standard status Active
Size 1,080 SF
Class B
Property subtype Office

Building Details

Building Size 51,446 SF
Year Built 2012

Spaces For Lease

at 303 W Lake St Contact us

302

Size
1,080 SF
Type
Medical
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency:
Listed By: Brian Edgerton
Source: Naiglobal
Added: Nov 21, 2025 Changed: Aug 19 Last Checked: Aug 19 at 6:44AM

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 Brian Edgerton

Investment Insights

Based on property information with market context.

This is a three-story, Class A medical office building. It is anchored by Edward-Elmhurst Health and professionally owned and managed by Welltower. The building is located on West Lake Street, northwest of Army Trail Road, offering high visibility in both directions on Lake Street. The property features a synergistic mix of specialties, including Immediate Care, Rehabilitation Services, Neurology, OB/GYN, Pediatrics, Family Medicine, Behavioral Health, Imaging & Lab Services. Suite 302, a former pharmacy space, offers 1,080 RSF. The building already houses imaging, laboratory, and cardiac diagnostics. There is an ability to custom design your own suite.

Key Highlights

  • Anchored by Edward‑Elmhurst Health (Class A Medical Office Building)
  • Synergistic mix of specialties already in building
  • Imaging, laboratory, and cardiac diagnostics already in building

Property Analytics

Current Use

Kinley Berger, M.D. Physician Addison Dental Associates Dental Office Rebecca A. Boehne, RD Physician Addison Dental Associates ... Dental Office Sathyakiran B. Madoori ... Hospital

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Restaurant Auto Repair Shop Spa & Massage Center

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

982
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60101, IL

37,644
Population
14,145
Households
2.7
Avg Household Size
38
Median Age
22%
College-Educated
77%
High-School Grad
11.4 sq mi
ZIP Area
3,302
Density / Sq Mi
$87,860
Median Household Income
$42,007
Median Earnings
$1,236
Median Rent
$315,300
Median Home Value

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 Office Space - Class A medical office building anchored by Edward-Elmhurst Health.
Where is this medical office space located?
The property is located at 303 W Lake St Addison, IL.
What are key features of this property?
This property features: Anchored by Edward‑Elmhurst Health (Class A Medical Office Building); Synergistic mix of specialties already in building; Imaging, laboratory, and cardiac diagnostics already in building
More about this property
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