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Plainfield Multi-Tenant Medical Campus

3 Office Properties Offered at $4,763,700 CAD in Plainfield, IL

Investment Highlights

  • Excellent Route 59 Visibility (22,000 VPD)
  • Improved Contiguous Medical Suites
  • Population Growth
  • Build-To-Suit Opportunity (20,955 +/- sf)
  • Aggressively Priced

Executive Summary

Suburban Real Estate Services is pleased to present this exclusive opportunity to purchase the Plainfield Multi-Tenant Medical Campus as an office investment or owner-user property.
The 25,867 sf, Class B, multi-tenant, three-building campus was built in 1994 and underwent renovations/additions in 2000, 2002, and 2009. Also included in this sale is a fully improved 20,955 sf +/- vacant lot. The campus boasts abundant parking and covered sidewalks, ensuring convenient access for both staff and visitors.
The Plainfield Multi-Tenant Medical Campus offers well-maintained, single-story medical suites ideally positioned a half mile from vibrant downtown Plainfield and less than three miles from Interstate 55.
This is a dynamic location, just south of downtown Plainfield. Plainfield has seen considerable growth in recent years and continues to be the top performer in both Will County and the state of Illinois for construction and population growth.
Significant Growth and Developments: Over the last 20 years, Plainfield has experienced substantial growth, with major developments including Edward Elmhurst, Duly, Ascension St. Joseph, and Adventist Bolingbrook.
Rising Population and Healthcare Demand: A recent assessment by Suburban Real Estate projects that Plainfield's population will increase by 6-10,000 residents by 2030, necessitating additional healthcare services to meet the rising population demands.
Economic Prosperity and Housing: Plainfield boasts the highest median household income in Illinois for populations over 40,000 ($143,000) and has been the leader in single-family housing permits in Will County for the past four years, underscoring the area's growth and desirability.

Data Room Click Here to Access

Property Facts

Price $4,763,700 CAD
Price / SF $184.16 CAD / SF
Sale Type Investment or Owner User
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 25,867 SF
Total Land Area 3.59 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Building A
15720 S Route 59, Plainfield, IL 60544
Office 7,119 SF 1979 -
Building C
15728 S Il-59, Plainfield, IL 60544
Office 10,417 SF 1980 -
Building B
15724 S Il-59, Plainfield, IL 60544
Office 8,331 SF 1980 -
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  • Listing ID: 31951661

  • Date on Market: 2024-05-29

  • Last Updated:

  • Address: Plainfield Multi-Tenant Medical Campus, Plainfield, IL

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