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Nursing Home Redevelopment Opportunity
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323 Oak Ridge Ave, Hillside, IL 60162

Redevelopment opportunity featuring a soon-to-close 73-bed nursing home on 1.43 acres in an R-4 zoned setting.

Property Size20,482 SF
Lot Size1.43 Acres
Price / SF$48.58
Days on Market448

Property Features for 323 Oak Ridge Ave

General Information

Standard status Active
Size 20,482 SF
Lot size 1.43 Acres
Property subtype LAND
Zoning R-4
Listing Agency: Jameson Commercial
Listed By: Jason P. Hiller · License #475158547
Source: Moodyscre
Added: May 9, 2025 Changed: Jul 28 Last Checked: Jul 29 at 3:16PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jameson Commercial

Investment Insights

Based on property information with market context.

This offering presents a redevelopment opportunity centered on a soon-to-close 73-bed nursing home totaling 20,482 square feet, situated on 1.43 acres. The property is located in a quiet neighborhood and is zoned R-4.

The facility is just off Roosevelt Rd. on a quiet street west of the city. The site’s established healthcare use and residential zoning designation may support a range of redevelopment concepts, subject to applicable approvals.

Key Highlights

  • 20,482 SF soon‑to‑close 73‑bed nursing home available for redevelopment
  • Set on 1.43 acres zoned R‑4
  • Located on a quiet street just off Roosevelt Rd, west of the city

Property Analytics

Current Use

Oakridge Healthcare Center Nursing Home Aperion Care Hillside Nursing Home Samir Bhalla Geriatric Care Provider Muhammad Haque Physician Muhammad Shamimul Haque Physician

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Auto Parts Store (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

769
Businesses Nearby
Well-served
Demand for This Use

Demographics for 60162, IL

8,337
Population
3,097
Households
2.7
Avg Household Size
41
Median Age
27%
College-Educated
81%
High-School Grad
3.2 sq mi
ZIP Area
2,605
Density / Sq Mi
$70,772
Median Household Income
$42,614
Median Earnings
$1,265
Median Rent
$233,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Renaissance At Hillside — 4600 Frontage Rd, Hillside, IL 60162
  • Aperion Care Hillside — 323 Oak Ridge Ave, Hillside, IL 60162
  • The Pearl of Hillside — 4600 Frontage Rd, Hillside, IL 60162
  • ARIS at home — 4413 Roosevelt Rd Suite 111A, Hillside, IL 60162

Frequently Asked Questions

What type of property is this?
Nursing home - Redevelopment opportunity featuring a soon-to-close 73-bed nursing home on 1.43 acres in an R-4 zoned setting.
Where is this nursing home located?
The property is located at 323 Oak Ridge Ave Hillside, IL.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 20,482 SF soon‑to‑close 73‑bed nursing home available for redevelopment; Set on 1.43 acres zoned R‑4; Located on a quiet street just off Roosevelt Rd, west of the city
(773) 412-3899 Call to check price and availability
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