Technical
Financial
Distress signals
Property profile

901 Biesterfield Rd Elk Grove Village, IL 60007

FOR LEASE
Retail space
Property ID
US28-1530948
18.23 ac lot Built 1991
Entity Owned ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional investment opportunity presents a four-building, single-story medical office complex totaling 13,000 square feet situated on a 2.36-acre lot in Elk Grove Village, Illinois. The property, classified as Class B, was constructed in 1995 and boasts a prime location at 901 Biesterfield Rd, zip code 60007, in Cook County. Currently, there are three available medical office spaces ranging from 711 to 1,002 square feet, ideal for a variety of medical practices. The buildings feature a multi-tenant configuration, providing flexibility for different sized practices or groups. Its strategic location offers unparalleled convenience and visibility, being directly adjacent to Ascension Alexian Brothers Medical Center, ensuring high patient traffic and a strong referral network. This presents a unique chance to acquire a well-established medical office complex in a thriving healthcare hub. The property's single-story design offers easy accessibility for patients and staff. This turnkey opportunity is perfect for investors seeking a stable, high-demand asset in a desirable location. The property's size and layout provide ample opportunity for expansion or further development. This is a rare chance to own a significant piece of real estate in a rapidly growing area of Cook County.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1991
Lot 18.23 ac (794,099 SF)
APN 08-31-202-014
UPID US28-1530948

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office

Location

901 Biesterfield Rd Elk Grove Village, IL 60007
Elk Grove Village metro Census 770201 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2026
7 recorded transactions
2026
$10.9M
2018
Price N/A
2013
$7.2M
2004
Price N/A
2002
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message