Medical Center

Elgin, IL Medical Centers for Sale

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Wauconda, IL Algonquin, IL Bartlett, IL South Elgin, IL Streamwood, IL St Charles, IL Sleepy Hollow, IL Carpentersville, IL
Medical Office Space with Rand Road Frontage
Updated: May 16, 2023
Medical Office Space with Rand Road Frontage

280 N Rand Road, Lake Zurich, IL 60047

$850,000
Medical office property with frontage on Rand Road (Rte 22)
North suite includes plumbing and wiring for dental or medical use
Four private restrooms plus reception, exam or office rooms, kitchenette, and conference areas
South suite offers one full bath, one half bath, two large offices, storage, and workspaces
Central air; building constructed in 1995
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Renovated Hospital Campus
Updated: Apr 12
Renovated Hospital Campus

901 Center St, Elgin, IL 60120

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13.70 AC lot
13.7‑acre hospital site at 901 Center St., Elgin, IL 60120
Renovated for a 275‑283‑bed configuration
Renovation completed in April 2020
Upgrades include HVAC, electrical, IT, windows, entry doors, lighting, ceilings, and flooring
Previously operated as Advocate Sherman Hospital
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Elgin, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Second-Floor Medical Center
Second-Floor Medical Center

401 N York St, Elmhurst, IL 60126

Contact for pricing
5,525 sqft

Clinical suite with procedure, recovery, exam, physician office, and administrative areas.

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Multi-Specialty Medical Facility
Multi-Specialty Medical Facility

4732 N Lincoln Avenue, Chicago, IL 60625

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11,000 sqft

Multi-specialty medical facility is leased to Northwestern Memorial Hospital with remaining term and renewal options.

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Two-Tenant Medical Office Space
Two-Tenant Medical Office Space

300 W Butterfield Road, Elmhurst, IL 60126

Contact for pricing
17,551 sqft

Single-story facility is fully leased to ATI Physical Therapy and Elmhurst Orthopaedics.

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Medical Office Building with Covered Parking
Medical Office Building with Covered Parking

2715 N Central Avenue, Chicago, IL 60639

Contact for pricing

Dental treatment areas, surgical rooms, elevator access, and ADA features support a specialized healthcare facility.

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Elgin, IL Medical Centers Market Trends and Statistics

Explore 2 medical centers for sale in Elgin, IL on our real estate platform.

Sale prices for medical buildings in Elgin, IL average $850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Medical centers 3
Hospitals 1

Demographics Overview

Population 124K
Population Growth (5Y) +2.9%
Median Household Income $93,679
College Educated 31.3%

Taxes & Financing

Tax Rate (average for all types) 9.70%
Property Tax per SF $55.97 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Elgin fall within the 100,000+ square foot range.

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