724 East Rollins Road · Round Lake Beach, IL 60073 · Physical Therapy
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Marcus & Millichap is pleased to offer for sale the fee simple interest in a 3,512-square-foot physical-therapy clinic in Round Lake Beach, IL, in which Athletic & Therapeutic Institute of Bourbonnais LLC has 4.5 years remaining on its double-net lease. The lease features 2 percent annual rent increases in the firm term and two 5-year renewal options.
ATI Physical Therapy sits on an outlot to a Meijer supermarket, with a Meijer Express fuel station, McDonald’s, Wingstop, Arby’s, and 2025-construction Pizza Ranch within the shopping center. The Home Depot, Hobby Lobby, Jewel supermarket, Tony’s Fresh Market, and Kohl’s also operate at the Rollins Road and State Route 83 retail hub.
Located midway between Chicago and Milwaukee, Round Lake Beach offers Metra commuter rail service and easy access to Interstate 94 and O’Hare International Airport. The College of Lake County and pharmaceutical manufacturer Takeda are major employers in adjacent suburbs, and Round Lake Beach is within driving distance of six Fortune 500 headquarters.
Founded in 1996 and headquartered in Downers Grove, IL, ATI Physical Therapy operates more than 850 clinics and provides convenient access to outpatient physical therapy. New York-based private investment firms Knighthead Capital Management and Marathon Asset Management led the merger to take the company private in August 2025.
In addition to annual income increases to offset inflation, this property offers an investor the opportunity to own a strategically placed suburban outlot on an already busy retail corner poised to become even more active when Target and other new developments open.
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Asking-market observation aggregated from public listing sources, last observed Sep 25, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.