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1140 E Algonquin Rd, Algonquin, IL, 60102

Diamond Physical Therapy
$692,410

Key Information

Cap Rate
8.25%
$ per SF
$156
Tot. SF
4,433
Lot Size
0.68 Acres
Term Remaining
± 4 Years
Type
Healthcare

Highlights

• Single-tenant medical office investment leased to Diamond Physical Therapy, a well-established and respected outpatient rehabilitation provider with a long operating history and multiple locations serving Chicago’s northwest suburban communities. The tenant’s established regional presence and healthcare-focused use provide long-term stability within a necessity-based medical sector.
• The investment offers attractive built-in income growth through scheduled contractual rent escalations throughout the lease term, providing investors with increasing cash flow and an additional hedge against inflation over the holding period.
• Strategically positioned along a highly trafficked commercial corridor in Algonquin, Illinois, the property benefits from excellent frontage, strong daily traffic counts, and convenient accessibility for patients and visitors. The location is further supported by its proximity to dense residential neighborhoods, major retail destinations, and complementary healthcare and service-oriented businesses that drive consistent area activity.
• The asset is located within Chicago’s growing northwest suburban market, an area characterized by steady population growth, strong household demographics, and a high quality of life. Continued residential and commercial development, combined with expanding healthcare infrastructure and increasing demand for outpatient medical services, further strengthens the long-term fundamentals of the surrounding market.

Photos

Location

Agents

Broker of Record

Matthew M. Fitzgerald

License # 471021676, 478027547 (IL)
Matthews Real Estate Investment Services, Inc
600 W Fulton, Ste 100 Chicago, IL 60661