Office Medical
Prairie Pointe Medical Office Building
903 129th Infantry Dr, Joliet, IL 60435
Listing Price: $2,427,000
Investment 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.
Prairie Pointe Medical Office Building
Investment 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
- Diversified tenant roster includes dental, oral surgery, endodontic, pulmonary, respiratory, sleep medicine, and women's healthcare providers
- 1.6 miles from Saint Joseph Medical Center - Joliet, which has 489-beds
- Surrounded by numerous complementary healthcare providers, including dental, orthopedic, ophthalmology, therapy, kidney care, imaging, and outpatient medical users
- Average household income of $105,855 within a five-mile radius
Listing Price: $2,427,000
Investment 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
- Diversified tenant roster includes dental, oral surgery, endodontic, pulmonary, respiratory, sleep medicine, and women's healthcare providers
- 1.6 miles from Saint Joseph Medical Center - Joliet, which has 489-beds
- Surrounded by numerous complementary healthcare providers, including dental, orthopedic, ophthalmology, therapy, kidney care, imaging, and outpatient medical users
- Average household income of $105,855 within a five-mile radius
Investment 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.
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