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Medical Office Asset For Sale
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1660 Feehanville Dr Mount, Mount Prospect, IL 60056

Partially leased medical office building near major hospital systems.

Property Size87,453 SF
Days on Market167

Property Features for 1660 Feehanville Dr Mount

General Information

Standard status Active
Size 87,453 SF
Class B
Property subtype HealthCare

Building Details

Year Built 1986
Stories 4

Properties For Sale

at 1660 Feehanville Dr Mount Contact us

Available Space

Suite
400
Size
10,989 SF
Lease Type
MG
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Available Space

Suite
200
Size
20,973 SF
Lease Type
MG
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Available Space

Suite
300
Size
23,257 SF
Lease Type
MG
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Available Space

Suite
125
Size
3,195 SF
Lease Type
MG
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Available Space

Suite
150
Size
3,556 SF
Lease Type
MG
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Listed By: Joe Stevens
Source: Transwestern
Added: Mar 27 Changed: Sep 8 Last Checked: Sep 9 at 5:12AM

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 Joe Stevens

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

Current Use

Medical Office Space

Location Intelligence

Trade Area within ½ mile

1,084
Businesses Nearby
Under-served
Demand for This Use

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

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 - 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 Mount Prospect, IL.
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.
More about this property
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