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    170 Lakewood Rd Lake in the Hills, IL 60156

    Sponsored
    For Lease
    $26 SF/Yr

    Modern Medical Office, Excellent Location

    Lot size:
    4,666 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional medical office space, located at 170 N Lakewood Rd in Lake in the Hills, IL 60156, offers a prime opportunity for medical professionals. The single-tenant building, constructed in 2017, boasts a Class B rating and features a total of 1,680 to 4,666 square feet of flexible space, perfect for customization to suit various medical practices. Two units are currently available for build-out, allowing for tailored designs to meet specific needs. The property is ideally situated in a high-traffic area, providing excellent visibility and accessibility. Its convenient location offers easy access to neighboring communities such as Algonquin, Huntley, and Crystal Lake, ensuring a broad patient base. The surrounding area is rich with dining, shopping, and recreational options, enhancing the overall appeal of the location. Ample parking is available with 30 spaces provided on-site. The property is zoned B-1 and situated in McHenry County. This one-story building offers a comfortable and efficient workspace, making it an ideal location for a variety of medical specialties, including but not limited to general practice, specialist practices, physical therapy, MRI facilities, pediatrics, and psychology. The property benefits from the presence of established long-term tenants in nearby buildings, creating a thriving medical complex. This is a rare opportunity to secure a well-located, adaptable medical office space in a vibrant and growing community.

    Property Features for 170 Lakewood Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,666 SF
    Class
    B

    Building Details

    Year Built
    2017
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    4,666 SF
    Rate per SF
    $26

    HighLights

    • 1,680 - 4,666 SF medical office space available for lease in Lake in the Hills, IL.
    • Class B, single‑tenant building constructed in 2017.
    • Two units available for build‑out to suit various medical practices.
    • High‑traffic location with excellent visibility and accessibility, near Algonquin, Huntley, and Crystal Lake.
    • 30 on‑site parking spaces.
    • B‑1 zoning in McHenry County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lake in the Hills
    County
    McHenry
    State
    Illinois
    Longitude
    -88.3830329
    Latitude
    42.1807121

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    FAQs

    What type of property is this?
    Medical office - Modern Medical Office, Excellent Location
    Where is this medical office located?
    The property is located at 170 Lakewood Rd Lake in the Hills, IL.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: 1,680 - 4,666 SF medical office space available for lease in Lake in the Hills, IL.; Class B, single-tenant building constructed in 2017.; Two units available for build-out to suit various medical practices.
    Request Owner's contact information
    170 Lakewood Rd Lake in the Hills, IL 60156
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    170 Lakewood Rd Lake in the Hills, IL 60156
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