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385 Millennium Dr
Crystal Lake, IL 60012
 100% Leased Medical Condo With Growing Tenant · Office Property For Sale

Medical Offices Illinois Crystal Lake 385 Millennium Dr, Crystal Lake, IL 60012

INVESTMENT HIGHLIGHTS

  • 385 Millennium Drive presents investors with an ideal opportunity to acquire a fully occupied healthcare condo with attractive 3% escalations.
  • Medical condo occupied by a growing behavioral health and therapy company in a rapidly growing industry, projected to exceed $132.4 billion by 2027.
  • Previous tenant, Centegra Health Systems, spent over $1 million on a high-end upgraded build-out.
  • Proximate to major healthcare centers, such as Centegra Memorial Medical Center, Northwestern Medicine Huntley Hospital, and Advocate Good Shepherd.
  • Credible tenant is expanding to six locations and uses this property as a key for the business's regional operations.

PROPERTY FACTS

Sale Condition Auction Sale Rentable Building Area 12,000 SF
Type of Ownership Fee Simple No. Stories 1
Property Type Office (Condo) Year Built 2005
Property Subtype Medical Parking Ratio 4.92/1,000 SF
Building Class B APN / Parcel ID
14-33-228-001
  • 14-33-228-002
Lot Size 1.33 AC
Zoning M, Crystal Lake - Manufacturing
Sale Condition Auction Sale
Type of Ownership Fee Simple
Property Type Office (Condo)
Property Subtype Medical
Building Class B
Lot Size 1.33 AC
Rentable Building Area 12,000 SF
No. Stories 1
Year Built 2005
Parking Ratio 4.92/1,000 SF
APN / Parcel ID
14-33-228-001
  • 14-33-228-002
Zoning M, Crystal Lake - Manufacturing

AMENITIES

  • Air Conditioning
 

  • Listing ID: 30912021

  • Date on Market: 2/8/2024

  • Last Updated:

  • Address: 385 Millennium Dr, Crystal Lake, IL 60012

The East Suburban McHenry Office Property at 385 Millennium Dr, Crystal Lake, IL 60012 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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