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Office Medical

MOTIVATED SELLER | New Construction MOB | Sycamore, IL (DeKalb, IL)

1705 Mediterranean Dr, Sycamore, IL 60178

Listing Price: $1,095,000

Cap Rate
1.00%
Gross SF
9,964
Rentable SF
9,964
Price/Gross SF
$109.90
Year Built
2023
Lot Size
2.15 acres

Investment 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 47 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.

Investment Highlights

  • Avoid Permitting and Construction Delays and Cost Over Runs! Unmatched cost basis for new Construction at $109.90SF. A completed shell cuts your timeline in half; generating revenue months faster.
  • Patient Friendly Design: 9964 Square Feet; Built 2023; with Canopy for Patient Drop-Off | 47 Parking Spaces; Wired Generator Pad; 0.7 Acre Undeveloped Parcel (Green Space)
  • Zoned C-3 Highway Business: Permits Retail, Food Service, Professional and Service-Based Businesses in High-Traffic Areas
  • Proximity to Major Healthcare Facilities: One Mile from Northwestern Medicine Kishwaukee Hospital (98-Bed Acute-Care Hospital with 24/7 Emergency Services) and 2.5 Miles from Kindred Hospital Sycamore (69
  • Bethany Business Campus Location: Surrounded by Medical & Professional Businesses, Including Northwestern Medicine, Radiant Dermatology, Patel Family Dental Care & Oral and Maxillo Facial Surgeons for Northern Illinois
  • Neighboring Business Park Expansion: Adjacent to Sycamore Prairie Business Park, a 235 Acre Planned Campus for Medical/Professional Offices, R&D, Manufacturing, Logistics, Distribution and Data Centers
  • Ease of Access from Chicago via I-88 (31,100VPD). Direct Access to Illinois Route 23 (21,400 Vehicles Per Day) via Bethany Rd (11,000 Vehicles Per Day)
  • Educated Population: Home to Northern Illinois University (15,504 Students) and Kishwaukee College (4,060 Students) | Affluent Demographics: $101,326 AHHI and 30,613 Population Within Tree-Miles | Chicago Metropolitan Area: 2024 Population: 9,408,576 (Rank: Third Largest)

Exclusively Listed By

Broker of Record

  • Steven Weinstock

    Senior Managing Director, Market Leader - Chicago

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

Financing By

Office Medical

MOTIVATED SELLER | New Construction MOB | Sycamore, IL (DeKalb, IL)

Listing Price: $1,095,000

Cap Rate
1.00%
Gross SF
9,964
Rentable SF
9,964
Price/Gross SF
$109.90
Year Built
2023
Lot Size
2.15 acres

Investment Highlights

  • Avoid Permitting and Construction Delays and Cost Over Runs! Unmatched cost basis for new Construction at $109.90SF. A completed shell cuts your timeline in half; generating revenue months faster.
  • Patient Friendly Design: 9964 Square Feet; Built 2023; with Canopy for Patient Drop-Off | 47 Parking Spaces; Wired Generator Pad; 0.7 Acre Undeveloped Parcel (Green Space)
  • Zoned C-3 Highway Business: Permits Retail, Food Service, Professional and Service-Based Businesses in High-Traffic Areas
  • Proximity to Major Healthcare Facilities: One Mile from Northwestern Medicine Kishwaukee Hospital (98-Bed Acute-Care Hospital with 24/7 Emergency Services) and 2.5 Miles from Kindred Hospital Sycamore (69
  • Bethany Business Campus Location: Surrounded by Medical & Professional Businesses, Including Northwestern Medicine, Radiant Dermatology, Patel Family Dental Care & Oral and Maxillo Facial Surgeons for Northern Illinois
  • Neighboring Business Park Expansion: Adjacent to Sycamore Prairie Business Park, a 235 Acre Planned Campus for Medical/Professional Offices, R&D, Manufacturing, Logistics, Distribution and Data Centers
  • Ease of Access from Chicago via I-88 (31,100VPD). Direct Access to Illinois Route 23 (21,400 Vehicles Per Day) via Bethany Rd (11,000 Vehicles Per Day)
  • Educated Population: Home to Northern Illinois University (15,504 Students) and Kishwaukee College (4,060 Students) | Affluent Demographics: $101,326 AHHI and 30,613 Population Within Tree-Miles | Chicago Metropolitan Area: 2024 Population: 9,408,576 (Rank: Third Largest)

Investment 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 47 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.

Exclusively Listed By

Broker of Record

  • Steven Weinstock

    Senior Managing Director, Market Leader - Chicago

    (630) 570-2200

    License(s): IL: 471.011175

    Illinois

Financing By

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