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11250 S Western Avenue
Chicago IL 60643 US

$2,100,000

Active Listing ID 12215289
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$2,100,000

Active Listing ID 12215289
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11250 S Western Avenue MoHall Commercial is thrilled to present 11250 S. Western Ave, a prime healthcare investment opportunity in Chicago's historic Beverly neighborhood. This fully occupied 7, 631-square-foot multi-tenant medical facility, built in 1964, combines strong financial performance, unparalleled location, and long-term growth potential-making it an attractive asset for institutional investors seeking high-quality healthcare properties. Anchored by Primary Healthcare Associates, a leading and established provider in the medical industry, this property ensures stable, creditworthy tenants with long-term leases and built-in annual rent escalations. The property delivers an impressive NOI of 158, 182.78 and offers a competitive 7.5 CAP rate, providing steady cash flow in one of the most resilient and in-demand real estate sectors: healthcare. Positioned on Western Avenue, a bustling commercial corridor with exceptional traffic counts, the property enjoys outstanding visibility and accessibility. The B1-1 zoning offers not only immediate revenue from its healthcare tenants but also the flexibility for future mixed-use redevelopment, including residential or retail opportunities. For savvy investors, this means built-in upside potential as the neighborhood continues to evolve and attract new development. The Beverly neighborhood is a thriving, affluent community with a robust residential base and a growing commercial presence. Located near transformative projects such as the Obama Presidential Library and benefitting from easy access to I-57, I-94, and the 111th Street Metra Station, this property is ideally situated to capitalize on the area's upward trajectory. Public transit options, walkability, and proximity to a highly engaged community further amplify its desirability. Healthcare real estate is a cornerstone of institutional investment portfolios, offering recession-resistant stability and long-term growth opportunities. 11250 S. Western Ave is strategically aligned with these objectives, delivering a turnkey income-producing asset with the added advantage of location in one of Chicago's most historic and vibrant neighborhoods. Don't miss the chance to own a high-performing property at the intersection of healthcare demand and community-driven growth. 11250 S. Western Ave isn't just a property; it's an opportunity to invest in a high-performing, income-generating asset in a well-established neighborhood. With healthcare being one of the fastest-growing investment sectors, this property offers the rare combination of current financial performance and future potential, making it a standout addition to any portfolio.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 2100000
  • unparsedaddress: 11250 S Western Avenue
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60643
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 7631
  • livingareaunits: Square Feet
  • listagentfullname: Moses Hall
  • listagentemail: moses@mohallcommercialud.com
  • listagentkey: 3yd-MREDIL-875865
  • listagentmlsid: 875865
  • listagentpreferredphone: 3128269925
  • listagentofficephone: 3128269925
  • listofficekey: 3yd-MREDIL-87295
  • listagentstatelicense: 471019687
  • listofficemlsid: 87295
  • disclaimer: Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1964
  • listingcontractdate: 2024-11-21
  • listagenturl: http://mohallcommercialud.com
  • countyorparish: Cook
  • parcelnumber: 24242140340000
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"MoHall Commercial & Urban Development LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"moses@mohallcommercialud.com", "ListBrokerageCity":"Chicago", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Moses@MoHallCommercialUD.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"MoHall Commercial & Urban Development LLC", "ListBrokeragePhone":"(312) 826-9925", "ListBrokeragePostalCode":"60602", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1 N State Street Suite 1500", "ListBrokerageWebsiteUrl":"http://mohallcommercialud.com", "ListOfficeAddress1":"350 N. Orleans St. #9000N", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Chicago", "ListOfficeCountry":"US", "ListOfficeEmail":"Moses@MoHallCommercialUD.com", "ListOfficePostalCode":"60654", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Medical, Office - Chicago, IL", "ListingURL":"https://listings.listhub.net/pages/MREDIL/12215289/?channel=rexren", "MLSModificationTimestamp":"2024-11-21T21:12:01Z", "Neighborhoods":[{"Description":null, "Name":"CHI - Morgan Park"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":0, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/22/2024 4:12:11 AM GMT
Source Updated Date: 12/25/2024 6:47:41 AM GMT

Courtesy of: Moses Hall, MoHall Commerical & Urban Development, moses@mohallcommercialud.com

Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.