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Listed by:

Doctors Broker LLC

Established Internal Medicine Practice – Northwest Suburbs For Sale

Algonquin, Illinois, US
Asking Price:
$1,400,000 Furniture / Fixtures included
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

Established Internal Medicine Practice – Northwest Suburbs

For Sale: Established Internal Medicine Practice – Northwest Suburbs of Chicago
Exceptional opportunity to acquire thriving internal medicine practice with deep roots in the local community and significant growth potential. This well-known and respected practice consistently generates average annual collections of $1.4 million, supported by a robust base of 5,000 active patient charts.
The 3,800 sq. ft. state-of-the-art facility features:

  • Eight fully equipped exam rooms
  • Integrated EMR system
  • Optimal payor mix
  • Modern infrastructure designed for scalability

Strategically positioned for expansion, this practice could evolve into a 10–20 provider group within five years. There is also potential to develop a hospitalist division serving six nearby hospitals, unlocking substantial additional revenue streams.
A dedicated and experienced team of providers and staff is committed to staying on with the new owner, ensuring continuity and operational excellence. Adding additional providers would further accelerate growth.

Property Information

Real Estate:

Lease

Location:

Algonquin, IL (McHenry County)

Premises Details:

FFE included

Size in square feet:
3,800

Business Operation

Expansion Potential:

Strategically positioned for expansion, this practice could evolve into a 10–20 provider group within five years. There is also potential to develop a hospitalist division serving six nearby hospitals, unlocking substantial additional revenue streams.

Competition / Market:

Strategically positioned for expansion, this practice could evolve into a 10–20 provider group within five years. There is also potential to develop a hospitalist division serving six nearby hospitals, unlocking substantial additional revenue streams.

Reasons for selling:

Retirement

Years established:
7 Years

Other Information

Support & training:

A dedicated and experienced team of providers and staff is committed to staying on with the new owner, ensuring continuity and operational excellence. Adding additional providers would further accelerate growth.