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Turn-Key Medical Office Sublease
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16621 107th St, Orland Park, IL 60467

Medical office sublease features 23 exam rooms, treatment/triage space, and a radiology area.

Space Size11,400 SF
Days on Market45

Property Features for 16621 107th St

General Information

Standard status Active
Size 11,400 SF
Property subtype OFFICE
Lease Type NNN

Additional Details

Lease Term 30 months

Spaces For Lease

at 16621 107th St Contact us

16621 107th St $23.50/SF/Yr

Floor
Bldg
Size
11,400 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Sublease with loyola university medical center. 2.5 years remaining. Excellent...
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Listing Agency: Lee & Associates | Chicago
Listed By: Carole Caveney · License #475134985
Source: Moodyscre
Added: Jul 26 Changed: Sep 5 Last Checked: Sep 7 at 10:41AM

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 Lee & Associates | Chicago

Investment Insights

Based on property information with market context.

Medical office space available for sublease with Loyola University Medical Center, with approximately 2.5 years remaining. The suite is in excellent condition and presented as turn-key, with a finished build-out designed for clinical operations.

The space includes 23 exam rooms, a treatment and triage room, three nurse stations, five physician offices, and a dedicated radiology area. Radiology improvements include bone densitometry, mammography, radiography, and lab components.

The layout supports patient exam, care delivery, and imaging workflows within a fully improved medical environment.

Key Highlights

  • Medical office sublease with Loyola University Medical Center, with 2.5 years remaining
  • Build‑out includes 23 exam rooms plus treatment and triage room
  • Includes 3 nurse stations and 5 physician offices

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Restaurant Building Supply Big Box & Wholesale Store Auto Parts Store Storage Facility Auto Repair Shop

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
$3.53 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

671
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60467, IL

26,098
Population
10,055
Households
2.6
Avg Household Size
49
Median Age
45%
College-Educated
96%
High-School Grad
14.8 sq mi
ZIP Area
1,763
Density / Sq Mi
$109,329
Median Household Income
$63,685
Median Earnings
$2,202
Median Rent
$392,200
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 - Medical office sublease features 23 exam rooms, treatment/triage space, and a radiology area.
Where is this medical office space located?
The property is located at 16621 107th St Orland Park, IL.
What is the lease rate?
The lease rate is $23.50 SF/Yr.
What are key features of this property?
This property features: Medical office sublease with Loyola University Medical Center, with 2.5 years remaining; Build‑out includes 23 exam rooms plus treatment and triage room; Includes 3 nurse stations and 5 physician offices
(708) 903-4660 Call to check price and availability
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