11238-11250 S Western ave - Health Care FOR SALE


Chicago, IL 60643- Morgan Park
$3,721,000 USD
847-204-7103
11238-11250 S Western ave, Chicago, IL for Sale
$3,721,000 USD
Health Care - FOR SALE
1/4
null | Request Cap Rate

11238-11250 S Western ave
Chicago, IL 60643
Morgan Park


HIGHLIGHTS

  • Portfolio is anchored by UChicago Medicine, providing durable income backed by an investment-grade (S&P AA-) healthcare tenant.
  • Assets can be acquired individually or as a portfolio, allowing flexibility across core, value-add, or development strategies.
  • Stabilized single-tenant building delivers immediate cash flow with strong credit tenancy.
  • Additional assets offer value-add upside through lease-up of a 75% occupied multi-tenant building and a vacant former medical office.
  • Three contiguous land parcels (~0.21 acres) provide future development or expansion potential.
  • Located along Western Avenue in Chicago, the property benefits from strong visibility, transit access, and dense surrounding population.

OVERVIEW

Broker of Record Matthew M. Fitzgerald License # 478027547, 471021676 (IL) Matthews Real Estate Investment Services, Inc 600 W Fulton, Ste 100 Chicago, IL 60661 (866) 889-0550

FOR SALE DETAILS

PRICE

$3,721,000 USD

PRICE/SF

$730 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

UChicago Medicine Anchored Portfolio

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

24-24-214-030-0000

ASK ABOUT THIS PROPERTY

Jacob FriedmanMatthews Real Estate Investment ServicesMore Info
847-204-7103

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Jacob FriedmanMatthews Real Estate Investment ServicesMore Info
847-204-7103

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.