712 Northwest Hwy - Medical FOR SALE


Fox River Grove, IL 60021
$2,250,000 USD
312-676-1862
712 Northwest Hwy, Fox River Grove, IL for Sale
$2,250,000 USD
Medical - FOR SALE
1/15
null | 6.53% Cap Rate

712 Northwest Hwy
Fox River Grove, IL 60021


HIGHLIGHTS

  • 3,864 SF Single-Tenant Medical Office Building
  • 100% leased to Endeavor Health Clinical Operations | Fully Built-Out Medical Space
  • Regional Shopping Center Anchored by Jewel-Osco | Ample Parking Surrounding Building
  • Built in 2004 | 0.66 Acre Lot | Signalized Entrance to Building

OVERVIEW

The subject property is a newly renovated (2023), single-story, 3,864 SF freestanding out-parcel building located in Fox River Grove, Illinois, within McHenry County. The building is fully built out for medical use and is currently occupied by a strong credit tenant, Endeavor Health Clinical Operations. Strategically positioned along Northwest Highway, approximately two miles from Advocate Good Shepherd Hospital, the asset benefits from excellent visibility, high traffic counts, and strong local demographics that support healthcare services. Endeavor Health Clinical Operations—one of Illinois’ largest integrated health systems—is the third-largest health system and medical group in the state, serving more than 4.2 million residents across seven northeastern Illinois counties. The tenant’s lease is structured on a triple-net basis and features a 62-month initial term commencing September 1, 2025, providing stable long-term cash flow with minimal landlord expense obligations. This offering represents a rare opportunity to acquire a true triple-net investment. The property is a modern, newly tenanted medical office asset leased to one of Illinois’ leading healthcare providers, situated within a strong commercial corridor and a highly desirable location.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$582 USD /SF

CAP RATE

6.53%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Endeavor Health Single Tenant Net Lease Medic

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,750 SF

ZONING

Commercial

APN/PARCEL ID

20-20-130-042

ASK ABOUT THIS PROPERTY

Olivia CzyzynskiSVN | Chicago CommercialMore Info
312-676-1862

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

Olivia CzyzynskiSVN | Chicago CommercialMore Info
312-676-1862

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