CHICAGO, IL – December 4, 2024 – MoHall Industrial & City Improvement is thrilled to current a unprecedented funding alternative tailor-made for institutional buyers, healthcare suppliers, and forward-thinking builders. The Western Medical Portfolio, strategically situated in Chicago’s vibrant South Aspect, is now obtainable 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 satisfy the rising demand for healthcare actual property in Chicago. The portfolio is designed to supply stabilized earnings, improvement flexibility, and long-term progress potential—qualities wanted by top-tier buyers and healthcare establishments.
Portfolio Overview
- 11238 South Western Avenue:
A smooth, single-story medical workplace designed for smaller healthcare suppliers. Geared up with examination rooms, non-public 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 consists of a number of examination rooms, non-public 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 house 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 building. 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, quick access 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 move with a 7.8% blended cap fee and dependable internet working earnings.
Improvement Flexibility
The included vacant lot presents a singular alternative to align with trendy healthcare tendencies by creating build-to-suit medical amenities, retail areas, or mixed-use initiatives, rising portfolio worth and adaptableness.
Proximity to Main Financial Drivers
Situated close to the upcoming Obama Presidential Middle and a community of world-class healthcare establishments just like the College of Chicago Medical Middle and Northwestern Drugs, the portfolio is about to profit from the realm’s continued financial progress and demand for outpatient companies.
Sturdy 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 amenities continues to develop, making certain this portfolio’s long-term relevance and profitability.
Why Institutional Buyers Ought to Act Now
The Western Medical Portfolio represents a uncommon intersection of earnings 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 potential to generate regular returns whereas providing alternatives for strategic growth.
With healthcare actual property exhibiting resilience in opposition to market volatility, this portfolio is a perfect addition to any diversified funding technique. The vacant lot enhances scalability, aligning with the demand for personalized outpatient amenities and built-in healthcare-retail areas.
Schedule a Personal Session At present
To be taught extra about this unique funding alternative or to rearrange a non-public exhibiting, please contact MoHall Industrial & City Improvement:
Contact: Moses Corridor
Telephone: 312-826-9925
E-mail: Moses@MoHallCommercialUD.com
Web site: https://mohallcommercialud.com/
About MoHall Industrial & City Improvement
MoHall Industrial & City Improvement is a number one business actual property brokerage specializing in investment-grade properties and city improvement initiatives. Identified for its deep market experience and modern options, MoHall Industrial offers tailor-made methods to assist purchasers obtain their funding targets.
