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Single-Level Medical Office Building

6625 W Lincoln Highway, Schererville, IN 46307

For Sale
Contact for pricing

Two established medical practices occupy accessible clinical space with dedicated on-site parking.

Property SizeContact for details
Lot Size1.06 Acres
Days on Market26

Property Features for 6625 W Lincoln Highway

General Information

Standard status Active
Total Parking Spaces 35
Lot size 1.06 Acres
Property subtype Office
Occupancy 100%

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Cap Rate 8.89%
Tenant in Place Yes
Property Use Medical Office
Medical Specialty urgent care

Building Details

Buildings 1
Stories 1
Construction brick
Tenancy Multi
Listing Agency: Baird & Warner
Listed By: Neil Verhagen · License IL #47101703
Source: Crexi
Added: Oct 15 Changed: Nov 8 Last Checked: Nov 8 at 3:22PM

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.

This single-level, all-brick medical office property contains 10,289 square feet above grade, plus 4,400 square feet of finished lower-level clinical and office area. The building is fully leased to Methodist Hospitals CareFirst Schererville - Immediate Care and Dr. Mary Tilak & Associates. Its layout can accommodate smaller configurations if divided. Handicap accessibility and a striped asphalt lot with 35 parking spaces serve the property on 1.06 acres.

At the southwest corner of Lincoln Highway and a signalized four-way intersection, the site records 39,855 vehicles in daily traffic, according to IDOT. I-65 is minutes away. The reported cap rate is 8.89%.

Key Highlights

  • Fully leased to two medical practices: Methodist Hospitals CareFirst Schererville - Immediate Care and Dr. Mary Tilak & Associates
  • 10,289 square feet above grade and 4,400 square feet of finished lower‑level clinical and office space
  • Single‑level, all‑brick building with layouts that can be divided into smaller configurations

Property Analytics

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

Current Use

Medical Office Space

Suggested Use

Top Pick Restaurant Real Estate Agency Building Supply Big Box & Wholesale Store Hair Salon Auto Parts 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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

179
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46307, IN

69,248
Population
26,081
Households
2.7
Avg Household Size
41
Median Age
33%
College-Educated
94%
High-School Grad
87.2 sq mi
ZIP Area
794
Density / Sq Mi
$102,118
Median Household Income
$50,612
Median Earnings
$1,308
Median Rent
$293,500
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 for Medical Office Space in Lake County, IN

$173 Jul
$157 Aug
$150 Sep
$162 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

Similar Off Market Nearby

  • Crossroads Animal Hospital — 5939 W Lincoln Hwy Hwy, Crown Point, IN 46307

Frequently Asked Questions

What type of property is this?
Medical Office Space - Two established medical practices occupy accessible clinical space with dedicated on-site parking.
Where is this medical office space located?
The property is located at 6625 W Lincoln Highway Schererville, IN.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: Fully leased to two medical practices: Methodist Hospitals CareFirst Schererville - Immediate Care and Dr. Mary Tilak & Associates; 10,289 square feet above grade and 4,400 square feet of finished lower‑level clinical and office space; Single‑level, all‑brick building with layouts that can be divided into smaller configurations
(630) 668-8343 Call to check price and availability
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