712 Northwest Hwy Fox River Grove, IL 60021
This exceptional 3,864-square-foot freestanding medical office building, constructed in 2004, presents a unique investment opportunity in the thriving Fox River Grove, Illinois market. Located at 712 Northwest Highway, this property boasts a highly desirable location with excellent visibility and accessibility. The building sits on a 0.66-acre lot and benefits from a signalized entrance, ensuring convenient access for patients and staff. Northwest Highway, a heavily trafficked thoroughfare with 25,400 vehicles per day, provides significant exposure for the property. Ample parking is available on-site, catering to the needs of both patients and staff. The building is currently fully built-out as a medical office, offering immediate occupancy potential. Its strategic location near a Jewel-Osco anchors the property within a vibrant commercial area, further enhancing its appeal and potential for long-term success. The property's size, location, and existing improvements make it an ideal acquisition for medical professionals or investors seeking a strong return on investment in a stable market. The property is situated in McHenry County, Illinois, and has a 60021 zip code. This is a rare opportunity to acquire a well-established, high-traffic medical office building in a prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.