128 & 134 Locust St - Medical FOR SALE


Pana, IL 62557
$438,130 USD
773-219-0964
128 & 134 Locust St, Pana, IL for Sale
$438,130 USD
Medical - FOR SALE
1/2
null | 9.25% Cap Rate

128 & 134 Locust St
Pana, IL 62557


HIGHLIGHTS

  • MB2 Dental – fastest growing dental company in the US with 800+ locations
  • Healthcare real estate resistant to recessions and e-commerce disruption
  • MB2 acquired this practice in 2026, demonstrating long-term commitment to location
  • DSOs rarely relocate due to high build-out costs and patient retention challenges
  • Value add opportunity – 50% vacancy with lease-up potential to increase NOI
  • Bite-sized investment offering a high return at a low price point

OVERVIEW

Broker Of Record Matthew M. Fitzgerald Matthews Real Estate Investment Services, Inc 471021676, 478027547 (IL) 600 W Fulton, Ste 100 Chicago, IL 60661 (866) 889-0550

FOR SALE DETAILS

PRICE

$438,130 USD

PRICE/SF

$122 USD /SF

CAP RATE

9.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

128 & 134 S Locust Street

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

-

APN/PARCEL ID

11-25-21-228-008-00

ASK ABOUT THIS PROPERTY

Seamus O'BrienMatthews Real Estate Investment ServicesMore Info
773-219-0964

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Seamus O'BrienMatthews Real Estate Investment ServicesMore Info
773-219-0964

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