903 N 129th Infantry Dr - Medical FOR SALE


Joliet, IL 60435
$2,427,000 USD
630-570-2238
903 N 129th Infantry Dr, Joliet, IL for Sale
$2,427,000 USD
Medical - FOR SALE
1/8
null | 7.5% Cap Rate

903 N 129th Infantry Dr
Joliet, IL 60435


HIGHLIGHTS

  • 100% occupied medical office | Stable, synergistic medical tenancy
  • Two original tenants remain at the property more than 20 years after development
  • Three lease renewals completed in 2026, demonstrating ongoing tenant commitment to the asset
  • 4.4-year weighted average lease term as of 12/1/2026, with leases extending through 2035
  • Surrounded by numerous complementary healthcare providers, including dental, orthopedic, ophthalmology, therapy, kidney care, imaging, and more
  • 1.6 miles from Saint Joseph Medical Center - Joliet, which has 489-beds

OVERVIEW

Prairie Pointe Medical Office Building is a 17,312-square-foot medical office property situated on 2.23 acres in Joliet, Illinois. Constructed in 2005 and currently 100% occupied, the property has demonstrated strong historical occupancy and sustained leasing activity throughout its operating history. The building is leased to a stable and diversified roster of healthcare providers, including dental, oral surgery, endodontic, pulmonary, respiratory, sleep medicine, and women’s healthcare practices. Located within an established healthcare corridor, the property is less than two miles from Saint Joseph Medical Center, a 489-bed regional hospital, and is surrounded by complementary medical providers. The asset is positioned to benefit from a dense surrounding population base, strong daytime employment, and continued commercial growth throughout the Joliet market.

FOR SALE DETAILS

PRICE

$2,427,000 USD

PRICE/SF

$140 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Prairie Pointe Medical Office Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

118

LAND DETAILS

LAND ACRES

2.23 AC

LAND SF

97,139 SF

ZONING

-

APN/PARCEL ID

05-06-01-304-044-0000,05-06-01-304-045-0000

ASK ABOUT THIS PROPERTY

Sean SharkoSharko | Weisenbeck | Mendoza GroupMore Info
630-570-2238

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Sean SharkoSharko | Weisenbeck | Mendoza GroupMore Info
630-570-2238

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