www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
21653733
21653734

1705 Mediterranean Dr, Sycamore, IL 60178

JE
IN IN RB14040143
Marcus & Millichap - Indianapolis
Listed by Marcus & Millichap - Indianapolis
$1,499,000
482 days on market
Updated 4 days ago

New Price! 10,000SF Medical Office | Sycamore, IL (DeKalb)

Details
APN 09-06-398-015, 09-06-398-014
Property Type Office
Sub Type Creative Office, Executive Office (+1)
Square Footage 9,964
Net Rentable (SqFt) 9,964
Tenancy Vacant
Lease Type NNN
Pro-Forma Cap Rate 11.96%
Pro-Forma NOI $179,352
Price per SqFt $150
Class A
Year Built 2023
Buildings 1
Stories 1
Acreage 2.150
Zoning C-3 Highway Business
Parking Spaces 47 spaces
Parking Per SqFt 4.72
Investment Type Owner/User
Ownership Fee Simple
Sale Condition N/A

Speed to Market | Ready for Owner Occupant Buildout

Marketing description

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

Modern warm shell medical office building in a prime location, ideal for investors or owner-users. C-3 Highway Business zoning allows for diverse uses. Excellent access to medical facilities and major transportation corridors.

  • 9,964 SF New Construction Medical Office Building: Built 2023 | Metal Frame with EIFS Exterior Construction | Shell Space Ready to Finish for New Tenant
  • Patient Friendly Design: Canopy for Patient Drop-Off & 47 Parking Spaces (5 ADA)
  • Zoned C-3 Highway Business: Permits Retail, Food Service, Professional & Service-Based Businesses in High-Traffic Areas
  • Proximity to Major Healthcare Facilities: 1 mile from Northwestern Medicine Kishwaukee Hospital (98-Bed Acute-Care Hospital with 24/7 Emergency Services) & 2.5 miles from Kindred Hospital Sycamore (69-Bed Specialty Acute Care & Rehab Center)
  • Bethany Business Campus Location: Surrounded by Medical & Professional Businesses, Including Northwestern Medicine, Radiant Dermatology, Patel Family Dental Care & Oral & Maxillo Facial Surgeons for Northern Illinois
  • Neighboring Business Park Expansion: Adjacent to Sycamore Prairie Business Park, a 235 AC Planned Campus for Medical/Professional Offices, R&D, Manufacturing, Logistics, Distribution & Data Centers
  • Major Roadways: Direct Access to Illinois Route 23 (21,400 VPD) via Bethany Rd (11,000 VPD)
  • Economic Drivers: Meta, Ferrara Candy, Kraft Heinz & Amazon Have Developed in DeKalb | 132 AC, 7-Building Data Center Approved Near Meta (July 2024) | ChicagoWest Business Center Expansion (Dec 2024) with 560 AC Edged “Project Vector” Campus Approved (Dec 2025) | 30 AC Solar & Data Center Project Proposed (Jan 2025)
  • Educated Population: Home to Northern Illinois University (15,504 Students) & Kishwaukee College (4,060 Students)
  • Chicago Metropolitan Area: 2024 Population: 9,408,576 (Rank: 3rd)
  • Affluent Demographics: $101,326 AHHI & 30,613 Population Within 3 Miles
  • ~$49,000 Lighting Package: LED & Exit Lighting Ready to Install | Negotiable with Sale

Listing Contacts

JE
IN IN RB14040143
Marcus & Millichap - Indianapolis
Listed by Marcus & Millichap - Indianapolis

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Steven Weinstock
License
IL 471.011175
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591