CHICAGO, IL – December 4, 2024 – MoHall Commercial & Urban Development is thrilled to present an extraordinary investment opportunity tailored for institutional investors, healthcare providers, and forward-thinking developers. The Western Medical Portfolio, strategically located in Chicago’s vibrant South Side, is now available for purchase at $4,259,000.
This exclusive offering comprises three income-generating medical office buildings and a highly versatile vacant lot, uniquely positioned to meet the rising demand for healthcare real estate in Chicago. The portfolio is designed to offer stabilized income, development flexibility, and long-term growth potential—qualities sought after by top-tier investors and healthcare institutions.
Portfolio Overview
- 11238 South Western Avenue:
A sleek, single-story medical office designed for smaller healthcare providers. Equipped with exam rooms, private offices, and a modern layout, this property is turnkey-ready for boutique clinics. - 11240 South Western Avenue:
Built with efficiency in mind, this facility includes multiple exam rooms, private offices, and a welcoming reception area, catering to a wide range of healthcare practices. - 11250 South Western Avenue:
The largest of the properties, this flexible space is ideal for multi-specialty practices or as a multi-tenant medical hub, with opportunities for diverse revenue streams. - 11222–11226 South Western Avenue:
A prime development parcel offering a blank slate for custom construction. Zoned for commercial or mixed-use, the lot is perfect for healthcare expansions, retail spaces, or integrated developments.
Investment Highlights
Prime Location in a Growing Market
Positioned along Western Avenue, one of Chicago’s busiest commercial corridors, the portfolio enjoys high traffic visibility, easy access to major highways, and proximity to a dense, affluent population in Beverly and surrounding communities.
Institutional-Grade Stability
Anchored by long-term tenants, including Primary Healthcare Associates and Life Source Pharmacy, the portfolio delivers consistent cash flow with a 7.8% blended cap rate and reliable net operating income.
Development Flexibility
The included vacant lot offers a unique opportunity to align with modern healthcare trends by developing build-to-suit medical facilities, retail spaces, or mixed-use projects, increasing portfolio value and adaptability.
Proximity to Major Economic Drivers
Located near the upcoming Obama Presidential Center and a network of world-class healthcare institutions like the University of Chicago Medical Center and Northwestern Medicine, the portfolio is set to benefit from the area’s continued economic growth and demand for outpatient services.
Robust Healthcare Market
Chicago’s healthcare sector is among the most resilient in the Midwest, supported by a highly skilled workforce and the rising trend of community-based care. The demand for modern medical office facilities continues to grow, ensuring this portfolio’s long-term relevance and profitability.
Why Institutional Investors Should Act Now
The Western Medical Portfolio represents a rare intersection of income stability, growth potential, and prime location in a rapidly evolving market. Institutional investors, REITs, and private equity groups will find exceptional value in this portfolio’s ability to generate steady returns while offering opportunities for strategic expansion.
With healthcare real estate showing resilience against market volatility, this portfolio is an ideal addition to any diversified investment strategy. The vacant lot enhances scalability, aligning with the demand for customized outpatient facilities and integrated healthcare-retail spaces.
Schedule a Private Consultation Today
To learn more about this exclusive investment opportunity or to arrange a private showing, please contact MoHall Commercial & Urban Development:
Contact: Moses Hall
Phone: 312-826-9925
Email: Moses@MoHallCommercialUD.com
Website: https://mohallcommercialud.com/
About MoHall Commercial & Urban Development
MoHall Commercial & Urban Development is a leading commercial real estate brokerage specializing in investment-grade properties and urban development projects. Known for its deep market expertise and innovative solutions, MoHall Commercial provides tailored strategies to help clients achieve their investment goals.
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No journalist was involved in the writing and production of this article.