Medical Office Asset For
For Sale
Contact for pricing
1660 Feehanville Dr, Mount Prospect, IL 60056
Partially leased medical office building near major hospital systems.
Property Size87,369 SF
Price / SF$73.66
Days on Market159
Property Features for 1660 Feehanville Dr
General Information
Standard status
Active
Size
87,369 SF
Class
B
Total Parking Spaces
485
Property subtype
Office
Occupancy
72%
Building Details
Year Built
1989
Buildings
1
Stories
4
Tenancy
Multi
Listing Agency:
Coldwell Banker Commercial NRT Chicago
(847) 301-3100
Listed By:
Lisa Gagliano · License #475.126007
Source:
Crexi
Added: Mar 5
Changed: Aug 8
Last Checked: Aug 10 at 4:10AM
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 Coldwell Banker Commercial NRT Chicago
Investment Insights
Based on property information with market context.
Kensington Corporate Center is a partially leased medical-office asset with strong healthcare fundamentals. The property is currently 72% occupied, totaling 63,145 square feet. The building is anchored by six medical tenants occupying 49,389 square feet and one nonmedical tenant occupying 13,746 square feet. Strategically positioned to serve three major nearby hospital systems—Advocate, Endeavor, and Ascension Holy Family—the building is well suited to support continued demand for outpatient and ancillary medical services. Medical tenants account for 56% of total occupancy, providing enhanced income stability, as healthcare users typically demonstrate longer lease terms and higher renewal rates compared to traditional office tenants. The current tenancy mix offers investors a balance of stable medical income with near-term upside through lease-up, making Kensington Corporate Center an attractive opportunity in a resilient healthcare-oriented submarket. The property size is 87,369 square feet and is located in Mount Prospect, IL 60056.
Key Highlights
- Strong healthcare fundamentals with strategic positioning to serve three major hospital systems.
- Anchored by six medical tenants occupying 49,389 SF, providing enhanced income stability.
- Partially leased medical‑office asset with 72% occupancy, totaling 63,145 square feet.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
442
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60056, IL
57,177
Population
23,202
Households
2.5
Avg Household Size
41
Median Age
49%
College-Educated
92%
High-School Grad
10.9 sq mi
ZIP Area
5,246
Density / Sq Mi
$104,168
Median Household Income
$54,158
Median Earnings
$1,456
Median Rent
$376,300
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Partially leased medical office building near major hospital systems.
Where is this medical office space located?
The property is located at 1660 Feehanville Dr Mount Prospect, IL.
What is the asking price?
The asking price for this property is $6,435,617.
What are key features of this property?
This property features: Strong healthcare fundamentals with strategic positioning to serve three major hospital systems.; Anchored by six medical tenants occupying 49,389 SF, providing enhanced income stability.; Partially leased medical‑office asset with 72% occupancy, totaling 63,145 square feet.
