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Medical Office Space with Custom Build-Out
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For Lease
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217 S 3rd Street, Dekalb, IL 60115

Commercial Lease, DeKalb, IL

Space SizeContact for details
Lot Size0.19 Acres
Days on Market5

Property Features for 217 S 3rd Street

General Information

Property type Commercial Lease
Property subtype Retail
Zoning COMMR
Directions Lincoln Hwy to S Third Street to Property
Subdivision De Kalb
Standard status Active
APN 0823303008
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 6824

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Cooling system Central Air, Window Unit(s)

Amenities

garage storage
parking

Building Details

Year built 1944
Floors in Building 3
Number of units 4
Flooring type Wood
Building materials Wood, Stucco
Roof type Composition
Listing Agency: Digital Realty
Listed By: Kenneth Carn · License #471016726
Added: Oct 7 Changed: Oct 10 Last Checked: Oct 11 at 11:06AM
MLS# 12779780

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Medical office space is available in a building constructed in 1944, previously used as a dental practice. The interior can be adapted through changes to walls and plumbing to suit a tenant’s commercial requirements. Build-out is expected to take 90 to 120 days and begins after the lease is executed.

Garage space may be used for storage or parking. The property has COMMR zoning and occupies a 0.1901-acre parcel.

Key Highlights

  • Interior walls and plumbing can be changed to accommodate a tenant’s requirements
  • Build‑out takes 90 to 120 days and starts after lease execution
  • Garage space is available for storage or parking

Property Analytics

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Current Use

Olson John B ... Dental Office

Suggested Use

Top Pick Dental Office Law Firm Electrical Service Real Estate Agency Storage Facility HVAC Service

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

979
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60115, IL

42,103
Population
18,175
Households
2.3
Avg Household Size
29
Median Age
36%
College-Educated
90%
High-School Grad
81.0 sq mi
ZIP Area
520
Density / Sq Mi
$46,808
Median Household Income
$22,838
Median Earnings
$1,018
Median Rent
$205,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Walls and plumbing can be reconfigured for a tenant’s commercial requirements, with work beginning after lease execution.
Where is this medical office space located?
The property is located at 217 S 3rd Street Dekalb, IL.
What are key features of this property?
This property features: Interior walls and plumbing can be changed to accommodate a tenant’s requirements; Build‑out takes 90 to 120 days and starts after lease execution; Garage space is available for storage or parking
More about this property
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