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Built-Out Medical Office Suites

28662 W Northwest Highway, Lake Barrington, IL 60010

For Lease
$17.50 SF/Yr

Existing medical suites can be divided to accommodate smaller practices, with additional build-out available.

Space SizeContact for details
Days on Market840

Property Features for 28662 W Northwest Highway

General Information

Standard status Active
Property subtype COMMERCIAL

Space & Availability

Divisible Yes
Space Use Medical Office
Condition Turnkey

Additional Details

Highway Access Yes

Amenities

signage

Building Details

Year Built 1975
Listing Agency: Baird & Warner
Listed By: John Trandel · License #475107955
Source: Premier-relocation
Added: Jul 23, 2024 Changed: Nov 8 Last Checked: Nov 8 at 2:06PM

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 Baird & Warner

Rey
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Investment Insights

Based on property information with market context.

Medical office space in a 1975 building is configured with existing suites, which can be subdivided for smaller practices. Additional build-out is available, and signage is offered.

The property is on US 14, also known as Northwest Highway, in Lake Barrington, near Advocate Good Shepherd Hospital.

Key Highlights

  • Existing medical suites can be divided for smaller practices
  • Additional build‑out available
  • Signage available

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Storage Facility Garden Center Grocery & Convenience Store Locksmith Real Estate Agency (Bike/Boat/Book/etc) Store

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.63 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

122
Businesses Nearby
Well-served
Demand for This Use

Demographics for 60010, IL

46,365
Population
17,621
Households
2.6
Avg Household Size
47
Median Age
70%
College-Educated
97%
High-School Grad
74.1 sq mi
ZIP Area
626
Density / Sq Mi
$175,050
Median Household Income
$86,255
Median Earnings
$2,459
Median Rent
$622,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF/Yr for Medical Office Space in Lake County, IL

$20.96 Jul
$22.25 Aug
$23.75 Sep
$22.94 Oct

Properties on Market for Medical Office Space in Lake County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Medical Office Space - Existing medical suites can be divided to accommodate smaller practices, with additional build-out available.
Where is this medical office space located?
The property is located at 28662 W Northwest Highway Lake Barrington, IL.
What is the lease rate?
The lease rate is $17.50 SF/Yr.
What are key features of this property?
This property features: Existing medical suites can be divided for smaller practices; Additional build‑out available; Signage available
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