1705 Mediterranean Dr - Medical FOR SALE


Sycamore, IL 60178
$1,620,000 USD
317-437-6544
1705 Mediterranean Dr, Sycamore, IL for Sale
$1,620,000 USD
Medical - FOR SALE
1/11
null | Request Cap Rate

1705 Mediterranean Dr
Sycamore, IL 60178


HIGHLIGHTS

  • 9,964 SF New Construction Medical Office Building | Shell Space Ready to Finish for New Tenant
  • Patient Friendly Design | Canopy for Patient Drop-Off & 47 Parking Spaces (5 ADA)
  • Proximity to Major Healthcare Facilities: 1 mile from Northwestern Medicine Kishwaukee Hospital & 2.5 miles from Kindred Hospital Sycamore
  • Bethany Business Campus Location Surrounded by Medical & Professional Businesses
  • Direct Access to Illinois Route 23 (21,400 VPD) via Bethany Rd (11,000 VPD)
  • Educated Population Home to Northern Illinois University (15,504 Students) & Kishwaukee College (4,060 Students)

OVERVIEW

Marcus & Millichap is pleased to exclusively represent for sale or lease a 9,964-square-foot new construction medical office building located in Sycamore, Illinois. Built in 2023, the property features a metal frame with EIFS exterior construction and offers shell space ready for tenant build-out. Designed with patient convenience in mind, the building includes a covered drop-off canopy and 54 parking spaces (5 ADA). Strategically positioned within the Bethany Business Campus, the property is surrounded by leading medical and professional practices, including Northwestern Medicine, Radiant Dermatology, and Patel Family Dental Care. It is 1 mile from Northwestern Medicine Kishwaukee Hospital and 2.5 miles from Kindred Hospital Sycamore, providing proximity to major healthcare facilities. Zoned C-3 Highway Business, the site accommodates a wide range of uses, including retail, food service, and professional offices. The location offers direct access to Illinois Route 23 (21,400 VPD) via Bethany Road (11,000 VPD) and sits adjacent to the Sycamore Prairie Business Park, a 235-acre planned campus for medical offices, R&D, and data centers. Sycamore benefits from strong economic drivers, including Meta, Ferrara Candy, Kraft Heinz, and Amazon, as well as major developments such as the ChicagoWest Business Center expansion and approved data center projects. The area is home to Northern Illinois University (15,504 students) and Kishwaukee College, supporting an educated workforce. With an affluent population averaging $101,326 AHHI within 3 miles, this property offers an exceptional opportunity in a growing Northern Illinois market.

FOR SALE DETAILS

PRICE

$1,620,000 USD

PRICE/SF

$163 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

A

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

47

LAND DETAILS

LAND ACRES

2.15 AC

LAND SF

93,654 SF

ZONING

C-3 Highway Business

APN/PARCEL ID

09-06-398-014,09-06-398-015

ASK ABOUT THIS PROPERTY

Julia EvingerMarcus & MillichapMore Info
317-437-6544

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Julia EvingerMarcus & MillichapMore Info
317-437-6544

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