Medical Office Investment Overview
Medical office buildings provide stable, long-term leases with healthcare providers who require specialized facilities. The aging population and healthcare industry growth create sustained demand for medical office space.
Properties feature medical-grade construction, specialized infrastructure, and proximity to hospitals and healthcare facilities, making them essential components of the healthcare delivery system.
Medical Office Benefits
- Essential healthcare services drive stable demand
- Credit-backed leases from established medical practices
- Demographic tailwinds from aging population growth
- Specialized construction meets medical industry standards
- Prime locations near hospitals and medical centers
Chicago Medical Office Market
Chicago is home to world-class medical institutions and healthcare providers, creating excellent opportunities for medical office investments. Proximity to major hospitals and research facilities drives demand for specialized medical space.
Our portfolio includes modern medical buildings with specialized infrastructure, established tenant relationships with healthcare providers, and properties that meet the stringent requirements of 1031 exchange compliance.
Market Highlights
Healthcare Tenant Categories
Medical office properties serve various healthcare specialties, each with different space requirements and growth characteristics.
Primary Care
Family medicine, internal medicine, and pediatric practices
Patient waiting areas, examination rooms, administrative space
Steady demand from population health needs
Specialty Practices
Cardiology, orthopedics, dermatology, and other specialties
Specialized equipment rooms, procedure suites, recovery areas
Growing demand from aging population and medical advances
Surgical Centers
Ambulatory surgery centers and specialty surgical facilities
Operating rooms, recovery suites, sterilization areas
Increasing preference for outpatient procedures
Diagnostic Centers
Imaging centers, labs, and diagnostic testing facilities
Equipment rooms, patient preparation areas, reading rooms
Essential diagnostic services with technology upgrades
Multi-Specialty Clinics
Integrated healthcare facilities with multiple providers
Shared waiting areas, multiple exam rooms, common facilities
Efficiency-driven consolidation and coordinated care
Urgent Care
Emergency medical care and walk-in treatment centers
Triage areas, treatment rooms, X-ray suites, pharmacies
Growing demand for accessible emergency care
Medical Office Properties in 1031 Exchanges
Medical office buildings are excellent 1031 exchange candidates due to their stable tenant relationships, long-term leases with healthcare providers, and the essential nature of medical services that remain in demand regardless of economic conditions.
Exchange Advantages
- • Essential healthcare services ensure stable demand
- • Long-term leases with established medical practices
- • Credit quality of healthcare tenants and institutions
- • Demographic trends support long-term growth
- • Specialized properties require experienced operators
Medical Office vs Other Types
Related Property Types
If medical office properties don't match your investment criteria, consider these alternative property types for your 1031 exchange.
Ready to Find Medical Office Properties?
Contact our Chicago team to discuss medical office investment opportunities that meet your 1031 exchange requirements. We provide nationwide identification with local market expertise.