POA
Description

Exceptional Healthcare Investment Opportunity in Beverly

House - Chicago IL

Exceptional Healthcare Investment Opportunity in Beverly

PROPERTY DETAILS

Welcome to 11250 S. Western Ave, a premier multi-tenant healthcare facility located in Chicago’s vibrant Beverly neighborhood. Listed at $2,100,000, this 7,631-square-foot property offers an exceptional investment opportunity with a 7.5% CAP rate and a Net Operating Income (NOI) of $158,182.78 (2023).

Built in 1964 and situated on a 0.18-acre lot, the property is fully occupied by Primary Healthcare Associates, a highly reputable healthcare provider. The facility benefits from long-term leases with annual rent escalations and high-credit tenants, ensuring consistent cash flow and financial stability.

Located in a B1-1 zoning district, the building features retail storefronts and allows for potential residential units above the ground floor, offering flexible future use. Its prime location on Western Avenue, a key commercial corridor, provides excellent visibility, accessibility, and connectivity to major expressways (I-57 and I-94) and the nearby 111th Street Metra Station.

This property represents a unique opportunity to invest in the thriving healthcare sector within one of Chicago’s most desirable neighborhoods.

KEY DETAILS:

    • Address: 11250 S. Western Ave, Chicago, IL 60643
    • Price: $2,100,000
    • Property Type: Multi-Tenant Healthcare Facility
    • Zoning: B1-1 (Commercial)
    • Lot Size: 0.18 Acres
    • Building Size: 7,631 SF
    • Year Built: 1964
    • Occupancy: 100%

    Tenant Overview

    • Primary Tenant: Primary Healthcare Associates
    • Lease Structure: Long-term leases with annual rent escalations
    • Tenant Credit: High-credit tenants with solid financial standing


INVESTMENT SUMMARY:

MoHall Commercial & Urban Development is pleased to present 11250 S. Western Ave, a premier multi-tenant healthcare facility in the heart of Chicago’s historic Beverly neighborhood. This 7,631-square-foot property, built in 1964 and fully occupied, offers an exceptional investment opportunity for those seeking stability, growth, and community impact.

Anchored by Primary Healthcare Associates, a highly reputable healthcare provider, this property ensures tenant stability and consistent patient traffic. With long-term leases featuring annual rent escalations and high-credit tenants, investors can count on dependable cash flow and financial performance.

The property generates a Net Operating Income (NOI) of $158,182.78 (2023), delivering a competitive 7.5% CAP rate. Its strategic location on Western Avenue, a key commercial corridor, provides excellent visibility and accessibility, while the B1-1 zoning allows for retail storefronts and potential residential units above the ground floor, offering future redevelopment opportunities.

Situated on a 0.18-acre lot, this property benefits from its vibrant surrounding community, proximity to major expressways (I-57 and I-94), and accessibility to public transit, including the 111th Street Metra Station. The Beverly neighborhood’s strong residential base and growing commercial developments make this facility a valuable asset in a thriving market.

For investors, 11250 S. Western Ave represents more than a healthcare facility—it’s a stable, income-producing asset with significant growth potential in one of Chicago’s most dynamic neighborhoods.

Broker

MOHALL COMMERCIAL AND URBAN DEVELOPMENT

OFFER MEMORANDUM

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PHOTO GALLERY

Property Features
  • House
  • Built 1900
  • Land is 8,929 square
  • Floor Area is 3,929 square