Single-Tenant Medical Office
For Sale
Contact for pricing
5999 S New Wilke Rd, Rolling Meadows, IL 60008
Fully rehabilitated facility with updated HVAC, a transferable roof guarantee, and access to nearby hospital and retail destinations.
Property Size13,700 SF
Days on Market144
Property Features for 5999 S New Wilke Rd
General Information
Standard status
Active
Size
13,700 SF
Property subtype
Office
Occupancy
100%
Additional Details
Highway Access
Yes
Building Details
Year Renovated
2014
Buildings
1
Building Size
13,700 SF
Tenancy
Single
Listing Agency:
Marcus & Millichap - Chicago Downtown
(312) 624-7017
Listed By:
David Tarnoff · License #IL 471.009921
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 29 at 1:07PM
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.
This single-tenant medical office property contains 13,700 square feet within Building 2 of the Stonehill Square Condominium Association. The building received a full rehabilitation in 2014, including a gut renovation funded by the occupant, and its HVAC mechanical system was replaced in 2012. The lease is structured as absolute NNN, with the tenant responsible for capital expenditures not covered by the condominium association and reimbursement of operating expenses and capital items.
The property is in Rolling Meadows, Illinois, approximately 24 miles northwest of downtown Chicago and 1.5 miles from Northwest Community Hospital. The surrounding area includes retail, office, and residential destinations, with Woodfield Mall approximately two miles away. Highway access is described as convenient, and the building is near a dense commercial corridor.
The property includes 44 nearby parking spaces, and the lease guarantee is provided by the physician group tenant.
The property is in Rolling Meadows, Illinois, approximately 24 miles northwest of downtown Chicago and 1.5 miles from Northwest Community Hospital. The surrounding area includes retail, office, and residential destinations, with Woodfield Mall approximately two miles away. Highway access is described as convenient, and the building is near a dense commercial corridor.
The property includes 44 nearby parking spaces, and the lease guarantee is provided by the physician group tenant.
Key Highlights
- 13,700‑square‑foot single‑tenant medical office building
- Full gut rehabilitation completed in 2014; tenant funded more than $1 million of renovation costs
- HVAC mechanical system replaced in 2012
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
898
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60008, IL
22,760
Population
9,282
Households
2.5
Avg Household Size
40
Median Age
39%
College-Educated
86%
High-School Grad
5.1 sq mi
ZIP Area
4,463
Density / Sq Mi
$96,213
Median Household Income
$47,405
Median Earnings
$1,561
Median Rent
$295,000
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 - Fully rehabilitated facility with updated HVAC, a transferable roof guarantee, and access to nearby hospital and retail destinations.
Where is this medical office space located?
The property is located at 5999 S New Wilke Rd Rolling Meadows, IL.
What are key features of this property?
This property features: 13,700‑square‑foot single‑tenant medical office building; Full gut rehabilitation completed in 2014; tenant funded more than $1 million of renovation costs; HVAC mechanical system replaced in 2012
