Property for Sale: 11250 S Western, Chicago, IL 60643

$2,100,000
$2,100,000
11250 S Western, Chicago, IL 60643
$2,100,000
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Price:
$2,100,000

Type Commercial
Year Built 1964

City Chicago
County Cook

MLS 12215289
Status Active
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.

Lot & Building Features

Cooling Central Air
Tax Year 2023
Lot Dimensions 25 X 125 ft

Price History of 11250 Western, Chicago, IL

Date Name Price Difference
12/31/1969 Listing Price $2,100,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of Natalie Williams
Direct: 773-213-9693
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by MoHall Commerical & Urban Development, Moses Hall
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11250 Western (MLS #12215289) is a commercial listing located in Chicago, IL. This property was listed on 11/21/2024 and has been priced for sale at $2,100,000.

Nearby zip codes are 60406, 60655, 60803, 60805 and 60827. This property neighbors other cities such as Alsip, Blue Island, Calumet Park, Evergreen Park and Merrionette Park.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: MoHall Commerical & Urban Development