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$1,200,770
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Property Description
Class A Medical Center for sale opportunity in Riverwoods IL, includes great freestanding newer construction commercial medical building with elevator/lift, located in the Riverwoods office corridor with O&RC zoning. Extremely rare offering here. Currently built out as a high-end medical office facility and features a very high-end medical build-out, high security entrance doors, and cameras. Building is two levels, 6434 total SQ FT, The land site is .84 acres, 36,972 SQ FT. The building features, on the first floor, include a foyer, waiting room, an attractive open reception area, large treatment/conference room with floor to ceiling windows and high ceiling, 7 office/treatment rooms, 2 bathrooms ADA, and a supply room. The lower lever features 6 office/exam rooms, a large conference room/special event area with sunny south exposure windows, 2 ADA bathrooms, full kitchen with wet bar/ serving bar, a utility room, and a storage room. This building features a newly installed roof, 2 well maintained & functional HVAC units, 11,900 (VPD) on Saunders. Many offices have large windows with sunny exposure and attractive surroundings, high ceilings, with a wide-open interior space that creates a sense of flow. This site is an ideal medical healthcare facility just north of the busy intersection of Lake Cook and Saunders Rd. and conveniently located 2 blocks west of interstate 294. The building utilizes 200 + amp electric system and has plenty of parking in a large parking lot that surrounds the property. Parking is for 31 cars. This property presents the unique opportunity to acquire a stand-alone Commercial Medical Office building in Riverwoods. (MOB) ideal for a variety of commercial uses: perfect for new owners, for professional or medical use, hospice care, medical center, surgical center dental, podiatry, or law firm, insurance, technology, financial trading, accounting office or Investment, or you can redevelop the area. Nearby professional offices and businesses include: medical and dental firms, Dean Witter Discover H.D. Roseth & Associates, Ltd. Center for Enriched Living Amgen Inc Walgreens Corporate Headquarters American Board of Psychiatry and Neurology. Do not contact Tenant, Please call the listing broker for all showings.
Full Property Details
Full Property Details for 240 Saunders Rd
General
- Sold For: $1,200,770
- Taxes: $20,956 (2022)
- Status: Closed
- Type: Commercial Institutional
- Source: MRED
- MLS ID: 12139409
- Added to Site: 520 day(s) ago
Interior
- Interior Features: Common Lunchroom(s), Common Meeting Room(s), Passenger Elevator(s), Accessible Washroom/s, Private Restroom(s)
- Flooring: Carpet, Concrete, Tile, Varies
Additional Information
- Security/Safety: Alarm on Site, Fire Extinguisher(s), Sprinklers (Wet), Sprinklers
Parking
- Parking Features: 31 to 50 Spaces
Location
- Area: Deerfield, Bannockburn, Riverwoods
- County: Lake
- Driving Directions: Lake Cook Road to Saunders, North to address
- Location Details: North Suburban, Mixed-Use Area, Public Transport Avail
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat
Utilities
- Onsite: Electricity to Site, Gas to Site, Sanitary Sewer, Community Water, Municipal Water, Water to Site
Structural Information
- Construction: Brick, Concrete
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Roof: Composition
- Sub-Flooring: Carpet, Concrete, Tile, Varies
- Stories/Levels: 1
- Square Feet: 6,434
- Current Bldg. Use: Commercial
- Year Built: 1992
Unit Information
- Extra Storage Avail: Yes
Lot Features
- Lot Size (Acres): 0.84
- Lot Size (Sq. Ft.): 36,972
- Lot Dimensions: 293.15 x 130 x 293.15 x 130
- Frontage: County Road, Public Road
- Drainage: Drainage Ways, Storm Sewers
- Potential Use: Office
- Zoning: OFFIC
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Alarm On Site, Fire Extinguisher/s, Sprinklers-Wet, Sprinklers
- Assessment Year: 1992
- Tax Amount: $20,956
- Tax Year: 2022
- Tenant Pays: Varies by Tenant
Disclosures and Reports
- Documents Avail.: Floor Plan, Existing Survey, Tax Bill
- Property ID: 16313000290000
Listed by @properties Commercial
Sold by Non Member
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Schools
Schools serving 240 Saunders Rd
School Districts:Deerfield School District 109, Township High School District 113
| Name | Grades | Distance |
|---|---|---|
Wilmot Elementary School 795 Wilmot Road, Deerfield, IL 60015 | K-5 | 1.2 mi |
Charles J Caruso Middle School 1801 Montgomery Road, Deerfield, IL 60015 | 6-8 | 1 mi |
Deerfield High School, Deerfield, IL 1959 Waukegan Road, Deerfield, IL 60015 | 9-12 | 2.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 240 Saunders Rd
Date
Details
Price
Change
Source
3/27/2025
Sold
$1,200,770
-29.37%
MLS
8/16/2024
Listed
$1,700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
240 Saunders Road, Riverwoods, IL 60015 (MLS# 12139409) is a Commercial Institutional property that was sold at $1,200,770 on March 27, 2025. Want to learn more about 240 Saunders Road? Do you have questions about finding other Commercial Institutional real estate for sale in Riverwoods? You can browse all Riverwoods real estate or contact a Coldwell Banker agent to request more information.

