Medical Office Multi-Tenant
For Sale
Contact for pricing
17901 Governors Highway, Homewood, IL 60430
Multi-tenant medical office building is 89% occupied and leased to a variety of medical tenants.
Property Size30,573 SF
Days on Market122
Property Features for 17901 Governors Highway
General Information
Standard status
Active
Size
30,573 SF
Property subtype
Office
Occupancy
89%
Site & Location
Traffic Count
175,000 vehicles/day
Highway Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Greenstone Partners
(312) 234-0371
Listed By:
Jason St. John · License #IL 475142612
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 22 at 9:12PM
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 Greenstone Partners
Investment Insights
Based on property information with market context.
Governor’s Medical Center is a 30,573-square-foot, multi-tenant office building leased to a variety of medical tenants and currently 89% occupied. The asset is offered as a 100% fee-simple interest.
Located at 17901 Governors Highway in Chicago’s southern suburb of Homewood, Illinois, the property is less than 2 miles east of Advocate South Suburban Hospital and 1.5 miles from the Homewood Metra station. It is also less than 3 miles from the I-80 and I-294 interchange.
As a medical office asset, the building’s tenancy is positioned within a healthcare-focused demand backdrop, with the population 65 and older projected to grow and healthcare employment having outpaced overall employment growth since 2000.
Located at 17901 Governors Highway in Chicago’s southern suburb of Homewood, Illinois, the property is less than 2 miles east of Advocate South Suburban Hospital and 1.5 miles from the Homewood Metra station. It is also less than 3 miles from the I-80 and I-294 interchange.
As a medical office asset, the building’s tenancy is positioned within a healthcare-focused demand backdrop, with the population 65 and older projected to grow and healthcare employment having outpaced overall employment growth since 2000.
Key Highlights
- 30,573 SF, multi‑tenant medical office building leased to a variety of medical tenants
- Currently 89% occupied
- Located at 17901 Governors Highway in Homewood, IL
Property Analytics
Current Use
Lease Details
175,000 VPD
Traffic count
89%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
545
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60430, IL
20,146
Population
7,662
Households
2.6
Avg Household Size
42
Median Age
46%
College-Educated
96%
High-School Grad
6.9 sq mi
ZIP Area
2,920
Density / Sq Mi
$91,402
Median Household Income
$48,509
Median Earnings
$1,419
Median Rent
$209,100
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Multi-tenant medical office building is 89% occupied and leased to a variety of medical tenants.
Where is this medical office space located?
The property is located at 17901 Governors Highway Homewood, IL.
What are key features of this property?
This property features: 30,573 SF, multi‑tenant medical office building leased to a variety of medical tenants; Currently 89% occupied; Located at 17901 Governors Highway in Homewood, IL
