1140 E Algonquin Rd, Lake in the Hills, IL 60102

Matthews™ is pleased to present the offering of a ±4,433-square-foot medical office building leased to Diamond Physical Therapy, located at 1140 E. Algonquin Road in Algonquin, Illinois. The property is fully occupied by a long-standing physical therapy operator and features built-in annual rental increases, providing investors with stable and predictable cash flow. Strategically positioned along a highly trafficked corridor near major residential communities and retail amenities, the property benefits from strong visibility, accessibility, and consistent patient demand within the surrounding trade area.

Diamond Physical Therapy is a well-established provider of outpatient physical therapy services focused on delivering personalized, results-driven treatment. The practice specializes in identifying the root cause of pain and developing individualized rehabilitation programs tailored to each patient's needs. Through hands-on care, physician collaboration, and a patient-centered approach, Diamond Physical Therapy has developed a strong reputation throughout the northwest Chicago suburbs for high-quality care and measurable outcomes. The practice's long-standing operating history and loyal patient base contribute to the overall stability of the tenancy.

Algonquin, Illinois, is a growing suburban community within the northwest Chicago metropolitan area known for its strong residential demographics, high quality of life, and continued commercial development. Located along the Fox River and supported by convenient access to Interstate 90, Route 31, and Randall Road, the village benefits from steady population growth, strong household incomes, and expanding healthcare demand. Within the surrounding trade area, the property is supported by a stable economic base, established neighborhoods, and continued suburban expansion, positioning the asset within a resilient and attractive medical office market. Within a 10-mile radius of the subject property, the population is approximately 440k, with an average household income of $$156k.

With its established tenancy, built-in rent growth, and location within one of Chicago's growing northwest suburban corridors, 1140 E. Algonquin Road represents a stable healthcare investment opportunity backed by a trusted regional physical therapy operator.