Leased Medical Office
For Sale
Contact for pricing
2550 Compass Rd, Glenview, IL 60026
Two adjoining suites are occupied by a women’s healthcare practice under a long-term lease with renewal options.
Property Size3,150 SF
Days on Market143
Property Features for 2550 Compass Rd
General Information
Standard status
Active
Size
3,150 SF
Property subtype
Office
Occupancy
100%
Building Details
Year Built
2006
Tenancy
Single
Listing Agency:
Marcus & Millichap - Chicago Downtown
(312) 787-0666
Listed By:
Frank Roti · License #IL 475.139806
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 2:24PM
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 Marcus & Millichap - Chicago Downtown
Investment Insights
Based on property information with market context.
Suites I and J comprise a 3,150-square-foot medical office condominium within a three-building development completed in 2006. Together Women’s Health, LLC occupies the combined suites for one of its North Shore Associates locations. The property represents one-sixth of the condominium buildings and is offered as fee simple ownership.
The lease has 10 years remaining, includes 2 percent rent escalations during the first 5 years, and provides two 5-year renewal options with 2 percent annual escalations. The property is positioned just off Patriot Boulevard, which records 17,509 VPD. Nearby medical users include The Derm – Glenview, Oral Surgery of the Glen, and Chicago Glaucoma Consultants, while Target, Chipotle, and Starbucks are also in the surrounding commercial area.
The lease has 10 years remaining, includes 2 percent rent escalations during the first 5 years, and provides two 5-year renewal options with 2 percent annual escalations. The property is positioned just off Patriot Boulevard, which records 17,509 VPD. Nearby medical users include The Derm – Glenview, Oral Surgery of the Glen, and Chicago Glaucoma Consultants, while Target, Chipotle, and Starbucks are also in the surrounding commercial area.
Key Highlights
- 3,150‑square‑foot medical office condominium comprising Suites I and J
- Leased to Together Women’s Health, LLC for a North Shore Associates location
- 10 years of lease term remaining
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,589
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60026, IL
14,518
Population
5,932
Households
2.4
Avg Household Size
49
Median Age
68%
College-Educated
97%
High-School Grad
4.1 sq mi
ZIP Area
3,541
Density / Sq Mi
$157,712
Median Household Income
$97,530
Median Earnings
$1,983
Median Rent
$663,100
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 - Two adjoining suites are occupied by a women’s healthcare practice under a long-term lease with renewal options.
Where is this medical office space located?
The property is located at 2550 Compass Rd Glenview, IL.
What are key features of this property?
This property features: 3,150‑square‑foot medical office condominium comprising Suites I and J; Leased to Together Women’s Health, LLC for a North Shore Associates location; 10 years of lease term remaining
