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Property profile & analytics
FOR SALE
Medical Office Space

1445 Essington Rd Joliet, IL 60435

11,050 SF
Property ID
US28-Q024146
Property summary
AI-generated overview

Position your practice in a well-established medical environment at 1445 Essington Rd. This 11,050 SF modern and recently renovated medical office suite is located in a multi-tenant building. For owner-users, the space provides an efficient layout with existing medical improvements, allowing for minimal upfront buildout costs and a streamlined transition into occupancy. Suitable for a wide variety of medical, healthcare, therapy, wellness, and professional office users including physicians, dental providers, physical therapists, behavioral health practices, optometrists, home healthcare agencies, diagnostic service providers, and other healthcare-related operators. For investors, the property presents a compelling value-add opportunity with the ability to lease available space and generate stable cash flow within a proven medical and professional office environment. The flexible layout and desirable location support strong tenant demand from a variety of healthcare and professional office users, creating the potential for long-term appreciation and income growth. Highlights: Option for an owner/user to utilize full square footage for their business needs and lease unused space to additional tenants for cash flow Option to ease up for investment property High-end & modern finishes 9 fully built-out patient/exam rooms Access to X-ray room(s) Welcoming, modern reception and waiting area Private offices and conference room Staff break room and kitchen High-quality, professional lobby environment Designed with functionality and patient experience in mind, the layout supports a wide range of medical uses and allows for immediate occupancy with minimal buildout required. Location Advantages: Conveniently located in Joliet with close proximity to major highways, providing easy access for both patients and staff. The surrounding area offers strong residential density and continued growth, supporting long-term practice success. This is an excellent opportunity to step into a turnkey medical space within a collaborative healthcare setting. Contact us for additional details or to schedule a private tour.

Property profile
Verified
Property type Medical Office Space
Total area 11,050 SF
UPID US28-Q024146
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
Current use
Occupant on record · Public records
  • Dr. Rebecca C. Kuo, MD Physician
  • Joe Mathew George, DPM Physician
  • Ryan M Pizinger M.D. Physician
  • Jacqueline Pizinger Physician
  • Dr. Rebecca Kuo Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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