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    Property profile & analytics
    FOR LEASE
    Retail space

    901 Biesterfield Rd, Elk Grove Village, IL 60007

    18.23 ac lot Built 1991
    Entity Owned ~ Est. High Equity
    Property ID
    US28-1530948
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Schumer Family Dental Care Dental Office
    • Gruendeman Gary W DDS Dental Office
    • Dr. Randi Smulson Dental Office
    • Scott Szatkowski, DDS Dental Office
    • Stefan M. Schumer, DMD Dental Office
    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
    901 Biesterfield Il LLC
    901 Biesterfield Il LLC
    since 2026
    7 recorded transactions
    2026
    $10.9M
    2018
    2013
    $7.2M
    2004
    2002
    1969
    1969
    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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