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5851 West 95th StreetOak Lawn, IL 60453
Chicago Oak Lawn Medical Office Building
Asset ClassHealthcare Facility
overview of deal

Overview

Avison Young Healthcare Capital Markets is pleased to present the opportunity to acquire 5851 W. 95th Street, a 25,300 square foot, Class A medical office building in Oak Lawn, Illinois. Purpose-built in 2015, this two-story masonry-and-glass facility is strategically positioned on the 95th Street medical corridor, one of the most established healthcare real estate submarkets in Chicago’s southwest suburbs, anchored at both ends by major hospital systems- OSF and Advocate.

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Investment Highlights

  • 100% Occupied, Class A Purpose-Built Medical Office — 25,300 SF modern two-story building constructed in 2015 on Chicago's premier 95th Street medical corridor in Oak Lawn, IL with immediate stabilized cash flow and annual lease escalations.
  • Rush University Medical Center Anchor — Rush (U.S. News Honor Roll, 671-bed hospital) recently doubled its footprint in the building.
  • 6.7-Year WALT with Ownership Leaseback Security — Two seller leasebacks (Women's Care Group & Women's Health Institute of Illinois) totaling 51% of building committed for 10 years.
  • Multi-specialty with a Women's Health Concentration —Four tenants (two specialized in Women’s Health) delivering a mix of OB/GYN, urogynecology, adult primary care, and surgical specialties with costly specialized build-outs including on-site mammography reinforcing long-term retention.
  • Dense Location Surrounded by Hospitals— Positioned in a heavily populated area between Advocate Christ Medical Center (788-bed Level I Trauma Center, ranked #4 in Illinois), OSF Little Company of Mary, and Northwestern Medicine Palos Hospital and within a five mile radius 613,000+ residents.
  • Rare Attached Structured Parking — Dedicated two-story parking structure with multi-level bridge entrance, an exceptional competitive differentiator in a corridor where most properties rely solely on surface lots.
5851 West 95th StreetOak Lawn, IL 60453

Contact Us:

Mike WilsonPrincipal, Co-Head Healthcare Capital Markets7734058990mike.wilson@avisonyoung.com
Erik FosterPrincipal, Healthcare Capital Markets312-273-8486erik.foster@avisonyoung.com

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