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2000 McDonald South Elgin – Sale

2000 McDonald Road | South Elgin, IL 60177

$12,200,000 Sale Price

Property Details

Sale Price: $12,200,000
Property Type: Medical/Office
Building Size: 32,415
Lot Size: 3.18
Year Built: 2007

Property Description

The Medical & Legal Arts Building in South Elgin, Illinois, is a multitenant medical and professional building which provides a unique opportunity for an investor to purchase a long-term, in-place income stream.

Location Description

Just west of the main north-south corridor Randall Road, with monument signage on McDonald Road. The building is close to Northwestern Delnor Hospital and Advocate Sherman Hospital.
Located near high end residential and upscale apartment complexes. Located directly across from the South Elgin & Countryside Fire Protection District Fire and EMS Station. Centered
in a high traffic retail shopping and dining area to provide exposure to patients and amenities for staff.

Highlights

  • The Class A medical office building has strong medical & professional tenancies, including a 15 year lease with a national well-capitalized daycare occupying the first floor of the building.
  • First-class 97% occupied mixed use Medical and Business office property. The tenant base contains credit solid local and nationally recognized businesses.
  • Newly paved ample parking areas, tasteful fully irrigated landscaping, brick enclosed waste receptacle areas, upgraded fire alarm and computerized HVAC systems with M-13 filtration, are just some of the hallmarks of this rarely available property.
  • The building is located directly across from the South Elgin & Countryside Fire Protection District Fire and EMS Station, and within site of the North South Corridor for retail on Randall Road.
  • Call us for a Confidentiality Agreement for financial information.

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