Terveydenhuolto

Advocate Health Care - Morton Grove, IL

6131 Dempster St Morton Grove, IL United States 60053-2953
Asking Price
NOI Net Operating Income
Cap Rate
Asking Price
NOI Net Operating Income
Cap Rate

Documents

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Key Facts

Year Built 1951
Building Area
Land Area

Property Description

JLL is pleased to offer a single-tenant, well-maintained medical office proper for sale along the busy Dempster Street, less than one mile from I-94 and just 16 miles from Chicago. The property is currently leased to Advocate Health Care, a leading regional non-profit medical services operator with over 400 locations nationwide. Full roof replacement was done in 2016 and is covered in a transferable 10-year warranty. 

Investment Highlights

  • Fee simple interest
  • NN lease structure with 3.8 years of contractual term remaining, full CAM reimbursement
  • Annual rent increases of 3% with one, 3-year option to extend
  • Minimal landlord responsibilities
  • Highly visible location on Dempster Street
Nicholas Kanich
Senior Director, Capital Markets
Alex Sharrin
Alex Sharrin
Managing Director, Capital Markets
Licensed in
IL - 475.170243

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