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Medical Office Space with Exam Rooms
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723 N 2ND Street, Chillicothe, IL 61523

Configured healthcare office with reception, multiple private rooms, plumbing connections, parking, and two HVAC systems.

Property Size3,100 SF
Days on Market144

Property Features for 723 N 2ND Street

General Information

Standard status Active
Size 3,100 SF
Total Parking Spaces 15
Property subtype Land

Building Details

Buildings 1
Listing Agency: RE/MAX Traders Unlimited
Listed By: Rich Gillespie · License #475118423
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 4:11AM

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 RE/MAX Traders Unlimited

Investment Insights

Based on property information with market context.

This almost 3100-square-foot medical office property is arranged for healthcare operations, with a reception and waiting area, multiple offices, exam rooms, a nurse’s station, kitchen area, and 3 half bathrooms. Several rooms include sinks or roughed-in water connections, and one half bathroom has space for conversion to a full bathroom. The building is currently used as a chiropractic office and previously served as a doctor’s office for many years.

Two HVAC systems serve the building, including a north-side system installed in 11/2023. The property includes a parking lot with 15 spaces, along with on-street parking. It is located at 723 N 2ND Street, one block south of the downtown district in Chillicothe, IL 61523. An appraisal was completed in 01/2024.

Key Highlights

  • Almost 3100 square feet configured for medical office use
  • Reception and waiting area, offices, exam rooms, nurse’s station, and kitchen area
  • 3 half bathrooms; one has room for conversion to a full bathroom

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Electrical Service Grocery & Convenience 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.

Location Intelligence

Trade Area within ½ mile

346
Businesses Nearby
Balanced
Demand for This Use

Demographics for 61523, IL

10,951
Population
4,773
Households
2.3
Avg Household Size
44
Median Age
27%
College-Educated
96%
High-School Grad
53.3 sq mi
ZIP Area
205
Density / Sq Mi
$74,100
Median Household Income
$45,229
Median Earnings
$907
Median Rent
$151,600
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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Frequently Asked Questions

What type of property is this?
Medical Office Space - Configured healthcare office with reception, multiple private rooms, plumbing connections, parking, and two HVAC systems.
Where is this medical office space located?
The property is located at 723 N 2ND Street Chillicothe, IL.
What are key features of this property?
This property features: Almost 3100 square feet configured for medical office use; Reception and waiting area, offices, exam rooms, nurse’s station, and kitchen area; 3 half bathrooms; one has room for conversion to a full bathroom
(309) 657-0063 Call to check price and availability
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