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Build-to-Suit Rehabilitation Center
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19260 S Halsted St, Homewood, IL 60430

Purpose-built healthcare facility under a 100% net lease to an investment-grade rehabilitation operator.

Property Size20,188 SF
Price / SF$477.12
Days on Market149

Property Features for 19260 S Halsted St

General Information

Standard status Active
Size 20,188 SF
Class A
Property subtype Office
Occupancy 100%
Lease Type NNN
Investment Type Stabilized
Net Operating Income $626,085

Building Details

Year Built 2019
Buildings 1
Stories 1
Tenancy Single
Listing Agency: CBRE - Healthcare Capital Markets
Listed By: Jaime Jones Vantsa · License #100103493
Source: Crexi
Added: Apr 7 Changed: Sep 1 Last Checked: Sep 1 at 3:43AM

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 CBRE - Healthcare Capital Markets

Investment Insights

Based on property information with market context.

Built in 2019, this 20,188-square-foot rehabilitation facility was developed as a build-to-suit DayRehabCenter. The property is fully leased under a NNN structure to Rehabilitation Institute of Chicago, doing business as Shirley Ryan AbilityLab, with approximately six years remaining on the weighted average lease term. The lease structure provides minimal landlord obligations as stated in the offering details.

The facility is located at 19260 S Halsted St in Homewood, Illinois, within the Chicago metropolitan area. It is identified as one of Shirley Ryan AbilityLab’s two DayRehabCenters in the Chicago market and forms part of the operator’s five-center Chicago network. Fitch assigns the tenant an A+ credit rating, which was upgraded in 2024.

Key Highlights

  • 20,188‑square‑foot rehabilitation facility completed in 2019
  • 100% net leased to Rehabilitation Institute of Chicago, d/b/a Shirley Ryan AbilityLab
  • Approximately 6‑year weighted average lease term remaining

Property Analytics

Current Use

PHYLLIS MICHELLE MUELLNER Physician Shirley Ryan AbilityLab ... Rehabilitation Center

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Building Supply Law Firm Pharmacy

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

289
Businesses Nearby

Demographics for 60430, IL

20,146
Population
7,662
Households
2.6
Avg Household Size
42
Median Age
46%
College-Educated
96%
High-School Grad
6.9 sq mi
ZIP Area
2,920
Density / Sq Mi
$91,402
Median Household Income
$48,509
Median Earnings
$1,419
Median Rent
$209,100
Median Home Value
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Frequently Asked Questions

What type of property is this?
Rehabilitation center - Purpose-built healthcare facility under a 100% net lease to an investment-grade rehabilitation operator.
Where is this rehabilitation center located?
The property is located at 19260 S Halsted St Homewood, IL.
What is the asking price?
The asking price for this property is $9,632,000.
What are key features of this property?
This property features: 20,188‑square‑foot rehabilitation facility completed in 2019; 100% net leased to Rehabilitation Institute of Chicago, d/b/a Shirley Ryan AbilityLab; Approximately 6‑year weighted average lease term remaining
(720) 635-2653 Call to check price and availability
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