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    OFF-MARKET
    Office Spaces

    1200 Il-121, Mount Zion, IL 62549

    7,500 SF Built 1985
    Property ID
    Property summary
    AI-generated overview

    This 7,500 square foot Class B medical office building in Mount Zion, Illinois, is offered at $1,125,000 ($150/SF). Built in 1985, the single-story building sits on two parcels totaling approximately four acres, including three acres of adjacent developable land. Currently, 25% of the space (1,841 square feet) is leased under a modified lease agreement to multiple tenants. The property features 16 private treatment or exam rooms, 9 private offices, 3 nursing stations, a lab, reception area, and a spacious breakroom/bonus area. The building is zoned VB2 & VB3 and offers excellent potential for a single owner-occupier or multiple tenants, with separate client entrances and receiving areas already in place. Located on IL-121, this highly visible property enjoys prime location within Mount Zion's commercial district, surrounded by residential neighborhoods, offering easy access and strong community integration. The property's APN is 12-17-03-104-024; 12-17-03-104-05. This presents a value-add investment opportunity with significant expansion potential. The property's strategic location, ample parking, and adjacent land make it an attractive investment for healthcare providers and developers alike. This is a rare opportunity to acquire a well-situated medical facility with significant upside potential in a thriving community.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1985
    Total area 7,500 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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