Renovated Medical Office
For Sale
Contact for pricing
905 Medical Park Dr, Effingham, IL 62401
Occupied specialty medical facility with monument signage and a triple-net lease structure.
Property Size17,858 SF
Days on Market143
Property Features for 905 Medical Park Dr
General Information
Standard status
Active
Size
17,858 SF
Property subtype
Office
Occupancy
100%
Additional Details
Road Access
Yes
Building Details
Year Renovated
2015
Building Size
17,858 SF
Tenancy
Single
Listing Agency:
Marcus & Millichap - Chicago Downtown
(312) 787-0666
Listed By:
Frank Roti · License #IL 475.139806
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 29 at 3:25PM
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.
Located at 905 Medical Park Drive in Effingham, Illinois, this 17,858-square-foot medical office property underwent renovations in 2015 and includes high-end medical finishes. The building is occupied by Cancer Care Specialists of Illinois (CCSI), which self-manages the facility under a triple-net lease extending through 2028. The agreement includes two five-year renewal options and annual base rent increases tied to CPI-U, capped at four percent.
The property fronts Medical Park Drive and includes visible monument signage. It is positioned near Keller Drive and adjoins a new Health South Diagnostic Medical facility. The site is also near St. Anthony’s Regional Medical Center, identified in the source information as a regional medical hub. The surrounding 30-mile trade area encompasses more than 200,000 people, while the broader hospital service area reaches a population of over 250,000.
The property fronts Medical Park Drive and includes visible monument signage. It is positioned near Keller Drive and adjoins a new Health South Diagnostic Medical facility. The site is also near St. Anthony’s Regional Medical Center, identified in the source information as a regional medical hub. The surrounding 30-mile trade area encompasses more than 200,000 people, while the broader hospital service area reaches a population of over 250,000.
Key Highlights
- 17,858‑square‑foot medical office property renovated in 2015
- Occupied by Cancer Care Specialists of Illinois (CCSI)
- Triple‑net lease runs through 2028 with two, five‑year renewal options
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
730
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 62401, IL
19,408
Population
8,688
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
94%
High-School Grad
103.9 sq mi
ZIP Area
187
Density / Sq Mi
$76,098
Median Household Income
$43,051
Median Earnings
$722
Median Rent
$195,800
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 - Occupied specialty medical facility with monument signage and a triple-net lease structure.
Where is this medical office space located?
The property is located at 905 Medical Park Dr Effingham, IL.
What are key features of this property?
This property features: 17,858‑square‑foot medical office property renovated in 2015; Occupied by Cancer Care Specialists of Illinois (CCSI); Triple‑net lease runs through 2028 with two, five‑year renewal options
