For Lease
$32/SF/YR

1160 Park AveHighland Park, IL 60035

Prime Medical Office Suites Available Now

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional single-story medical office building, totaling 22,277 square feet, presents a rare opportunity. Situated less than a mile west of North Shore Highland Park Hospital and conveniently located east of Route 41, this Class B property boasts an enviable location. Built in 1979 and renovated in 2023, the building is impeccably maintained and features a strong tenant roster with an impressive average lease term of 20 years. Multiple suites are available, with a minimum divisible space of 1,650 square feet and a current vacancy of 4,339 square feet. The property sits on 2.2 acres of land and offers private storage for all tenants. This is an ideal investment opportunity for medical professionals seeking a well-established, high-demand location. The surrounding area demonstrates exceptional demographics, with an average household income exceeding $235,000, ensuring a stable and lucrative investment. The building's single-story design and ample parking provide convenient access for both patients and staff. Don't miss this chance to acquire a prime medical office space in a thriving community.

Highlights

  • 22,277 SF medical office building.
  • Single-story, Class B building with 4,339 SF of vacant space divisible to 1,650 SF minimum.
  • Located less than one mile from North Shore Highland Park Hospital, near Route 41.
  • Recently renovated (2023) with long-term tenants (average 20-year lease term).
  • 2.2 acres of land.
  • Excellent demographics, average household income $235,000.

Property Details for 1160 Park Ave

Property type
Office properties, Medical offices
RSF (Rentable sq. ft)
22,277 SF
Class
B
Year Built/Renovated
79/23
Buildings
1
Stories
1

Unit(s) available at that property

Space
Suite 3E
Size
4,339 SF
Rate per SF
$32

Location Insight

City
Highland Park
County
Lake
State
Illinois
Latitude
42.18821682
Longitude
-87.8191451
1160 Park Ave, Highland Park, Illinois

FAQs

What type of property is this?
Office property - Prime Medical Office Suites Available Now
Where is the office property located?
The property is located at 1160 Park Ave Highland Park, IL.
What is the lease rate?
The lease rate is $32/SF/YR.
What are key features of this property?
This property features: 22,277 SF medical office building.; Single-story, Class B building with 4,339 SF of vacant space divisible to 1,650 SF minimum.; Located less than one mile from North Shore Highland Park Hospital, near Route 41.
How can I contact the broker?
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1160 Park Ave
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