701 Woodlands Pkwy Vernon Hills, IL 60061-3120
This exceptional 22,497 square foot medical office building is located at 701 Woodlands Parkway in Vernon Hills, Illinois, within Lake County. The property boasts a single-tenant occupancy, offering a stable and predictable income stream for investors. Its prime location in Vernon Hills provides excellent access to major transportation routes and a thriving community. The building is classified as a medical office, making it ideal for a variety of healthcare practices. The address is 701 Woodlands Pkwy, Vernon Hills, IL 60061. This presents a unique opportunity for those seeking a well-established medical office building in a desirable location. The property's size and single-tenant configuration minimize management complexities and offer a straightforward investment proposition. The building's specific features and amenities are not detailed in the provided information, but its location in Lake County, Illinois, suggests a strong potential for continued growth and high occupancy rates. Further due diligence is recommended to fully assess the property's potential. The property is easily accessible via major roadways, making it convenient for both patients and staff. This single-tenant medical office building represents a compelling investment opportunity in a robust and growing market. Interested parties should conduct their own independent verification of all property details.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.