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Property profile & analytics
OFF-MARKET
Office Spaces

1301 Pyott Rd Lake in the Hills, IL 60156

30,665 SF 2.66 ac lot Built 1997
Property ID
Property summary
AI-generated overview

This exceptional two-story, Class B medical office building, situated on a 2.66-acre lot in Lake in the Hills, Illinois (60156), presents a compelling investment opportunity. The property, built in 1997, boasts 30,665 square feet of total space, with 25,774 square feet of net rentable area. Currently enjoying a 94% occupancy rate, the building houses 22 tenants, including established healthcare providers such as HLC Therapy Group, Pebblebrook Pediatric, Decision One Dental, and Lake in the Hills Endodontics. The strong tenant mix, featuring a combination of longstanding and newer leases, provides immediate cash flow and a solid foundation for future growth. Ample parking is available with 105 spaces. The property is zoned B-4 and features excellent visibility, making it an attractive location for medical professionals and patients alike. This presents a unique chance to acquire a well-maintained asset in a thriving Northwest Chicago suburb, with the potential to increase value through lease extensions and tenant retention within this highly sought-after medical market. The property's address is 1301 Pyott Rd, with APN 19-21-177-001.

Property profile
Verified
Property type Office Spaces
Year built 1997
Total area 30,665 SF
Lot 2.66 ac (115,870 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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