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Medical Office Building with Exam Rooms
For Sale
Contact for pricing
Pending

412 W Lake Street, Addison, IL 60101

Configured medical office with examination rooms, support areas, and on-site parking near regional routes.

Property Size2,625 SF
Days on Market406

Property Features for 412 W Lake Street

General Information

Standard status Pending
Size 2,625 SF
Property subtype Business for Sale, Office, Retail
Zoning COMMR

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 1962
Listing Agency: The Sokol Group
Listed By: Andy Sokol · License #IL
Source: Crexi
Added: Jul 25, 2025 Changed: Aug 30 Last Checked: Aug 31 at 7:10PM

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 The Sokol Group

Investment Insights

Based on property information with market context.

This 2,625-square-foot medical office property, built in 1962, is arranged for clinical use with six examination-type rooms, one private office, three bathrooms, two kitchenettes, and two storage or IT rooms. The building facade and front portion of the roof were upgraded in 2024. On-site parking supports the property’s day-to-day operation, and the space can be delivered vacant because the current tenant is flexible.

The property is located at 412 W Lake Street in Addison, near Routes 290 and 83. Its layout and existing improvements provide a defined medical-office configuration with administrative, examination, restroom, kitchenette, and storage areas in place.

Key Highlights

  • 2,625 SF medical office property built in 1962
  • Six examination‑type rooms with one office and three bathrooms
  • Two kitchenettes plus two storage/IT rooms

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Skin Care Clinic Real Estate Agency Spa & Massage Center Storage Facility

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
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

875
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60101, IL

37,644
Population
14,145
Households
2.7
Avg Household Size
38
Median Age
22%
College-Educated
77%
High-School Grad
11.4 sq mi
ZIP Area
3,302
Density / Sq Mi
$87,860
Median Household Income
$42,007
Median Earnings
$1,236
Median Rent
$315,300
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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Similar Off Market Nearby

  • Addison Animal Hospital LTD 951 W Lake St, Addison, IL 60101

Frequently Asked Questions

What type of property is this?
Medical Office Space - Configured medical office with examination rooms, support areas, and on-site parking near regional routes.
Where is this medical office space located?
The property is located at 412 W Lake Street Addison, IL.
What are key features of this property?
This property features: 2,625 SF medical office property built in 1962; Six examination‑type rooms with one office and three bathrooms; Two kitchenettes plus two storage/IT rooms
(312) 404-2639 Call to check price and availability
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