CHICAGO, IL – December 4, 2024 – MoHall Industrial & City Growth is thrilled to current a rare funding alternative tailor-made for institutional buyers, healthcare suppliers, and forward-thinking builders. The Western Medical Portfolio, strategically positioned in Chicago’s vibrant South Facet, is now out there for buy at $4,259,000.
This unique providing contains three income-generating medical workplace buildings and a extremely versatile vacant lot, uniquely positioned to fulfill the rising demand for healthcare actual property in Chicago. The portfolio is designed to supply stabilized revenue, improvement flexibility, and long-term progress potential—qualities wanted by top-tier buyers and healthcare establishments.
Portfolio Overview
- 11238 South Western Avenue:
A modern, single-story medical workplace designed for smaller healthcare suppliers. Outfitted with examination rooms, personal places of work, and a contemporary format, this property is turnkey-ready for boutique clinics. - 11240 South Western Avenue:
Constructed with effectivity in thoughts, this facility contains a number of examination rooms, personal places of work, and a welcoming reception space, catering to a variety of healthcare practices. - 11250 South Western Avenue:
The biggest of the properties, this versatile area is right for multi-specialty practices or as a multi-tenant medical hub, with alternatives for various income streams. - 11222–11226 South Western Avenue:
A prime improvement parcel providing a clean slate for customized development. Zoned for business or mixed-use, the lot is ideal for healthcare expansions, retail areas, or built-in developments.
Funding Highlights
Prime Location in a Rising Market
Positioned alongside Western Avenue, one in all Chicago’s busiest business corridors, the portfolio enjoys excessive visitors visibility, easy accessibility to main highways, and proximity to a dense, prosperous inhabitants in Beverly and surrounding communities.
Institutional-Grade Stability
Anchored by long-term tenants, together with Major Healthcare Associates and Life Supply Pharmacy, the portfolio delivers constant money circulate with a 7.8% blended cap fee and dependable internet working revenue.
Growth Flexibility
The included vacant lot presents a novel alternative to align with trendy healthcare traits by creating build-to-suit medical services, retail areas, or mixed-use initiatives, rising portfolio worth and adaptableness.
Proximity to Main Financial Drivers
Situated close to the upcoming Obama Presidential Heart and a community of world-class healthcare establishments just like the College of Chicago Medical Heart and Northwestern Drugs, the portfolio is ready to profit from the realm’s continued financial progress and demand for outpatient providers.
Strong Healthcare Market
Chicago’s healthcare sector is among the many most resilient within the Midwest, supported by a extremely expert workforce and the rising pattern of community-based care. The demand for trendy medical workplace services continues to develop, making certain this portfolio’s long-term relevance and profitability.
Why Institutional Traders Ought to Act Now
The Western Medical Portfolio represents a uncommon intersection of revenue stability, progress potential, and prime location in a quickly evolving market. Institutional buyers, REITs, and personal fairness teams will discover distinctive worth on this portfolio’s means to generate regular returns whereas providing alternatives for strategic growth.
With healthcare actual property displaying resilience towards market volatility, this portfolio is a perfect addition to any diversified funding technique. The vacant lot enhances scalability, aligning with the demand for custom-made outpatient services and built-in healthcare-retail areas.
Schedule a Non-public Session At the moment
To be taught extra about this unique funding alternative or to rearrange a non-public displaying, please contact MoHall Industrial & City Growth:
Contact: Moses Corridor
Telephone: 312-826-9925
E-mail: Moses@MoHallCommercialUD.com
Web site: https://mohallcommercialud.com/
About MoHall Industrial & City Growth
MoHall Industrial & City Growth is a number one business actual property brokerage specializing in investment-grade properties and city improvement initiatives. Recognized for its deep market experience and progressive options, MoHall Industrial supplies tailor-made methods to assist purchasers obtain their funding targets.