312-363-7477
1301 Pyott Rd, Lake In The Hills, IL for Sale
Medical - FOR SALE
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1301 Pyott Rd
Lake In The Hills, IL 60156


HIGHLIGHTS

  • 1301 Pyott Road offers a 94% leased, multi-tenant medical office building featuring a dynamic tenant mix with longstanding & new leases
  • Home to a cohesive tenant mix, such as HLC Therapy Group, Pebblebrook Pediatric, Decision One Dental & Lake in the Hills Endodontics
  • Investors will benefit from the value-add opportunities in extending existing leases & the property's strategic location
  • Located in the thriving northwest suburbs of Chicago & surrounded by a collocation of neighborhood amenities & residential communities
  • Well-maintained property with a beautiful atrium lobby, excellent visibility to thousands of daily drivers & prime signage options

OVERVIEW

1301 Pyott Road is a well-occupied, multi-tenant medical office building located in Chicago's thriving northwest suburbs. This two-story, 30,665± SF property boasts exceptional window lines and a bright atrium lobby, allowing abundant natural light. The property is 94% leased with a varied blend of long-term and newly leased tenants. Key tenants include HLC Therapy Group, Pebblebrook Pediatric, Decision One Dental and Lake in the Hills Endodontics—all longstanding, well-established businesses that provide stability and consistent demand for healthcare services in the area. The tenant mix offers a valuable opportunity for a new buyer to add value by extending leases and fostering tenant retention in this highly desirable medical office market. Nestled in Lake in the Hills, Illinois, 1301 Pyott Road sits among a village on the northwestern edge of the Chicago metropolitan region, approximately 40 miles from downtown. State Route 31 and Northwest Highway run just east of the property. They are two of the city's major thoroughfares, allowing for easy travel within and outside of town and convenience to shopping centers filled with all the necessities. Nearby Randall Road, located two miles west of the subject, serves as the main retail corridor for the Algonquin/Lake in the Hills area and the northwest Chicago suburbs, with over 2.5 million SF of retail space and home to several national retailers. The property sits in a vibrant mixed-use area with nearby light industrial, flex, office and residential properties, all contributing to the area's strong labor pool, thriving consumer base and growing community.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

94% Leased Medical Office Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

105

LAND DETAILS

LAND ACRES

2.5 AC

LAND SF

108,900 SF

ZONING

B-4

APN/PARCEL ID

19-21-177-001

ASK ABOUT THIS PROPERTY

Chet EvansHilco Real EstateMore Info
312-363-7477

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Chet EvansHilco Real EstateMore Info
312-363-7477

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.