4259 South Cottage Grove Avenue, Chicago, IL 60653

Building Details

Year Built

2012

Listing agent Brian Brockman License #177814

Listing office Bang Realty

Listing date Jun 16, 2026

Source Crexi

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All listing content including descriptions, pricing, images are the copyrighted material of Bang Realty

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Overview

The DaVita Dialysis + Retail property is an 18,972-square-foot, 100% occupied building configured to support an essential healthcare use alongside complementary local retail. DaVita Dialysis occupies 89% of the space under a long-term lease running through December 31, 2038, with approximately 12.5 years remaining. The remaining tenancy includes T-Mobile and The Beauty Bar. DaVita and T-Mobile operate under NNN lease structures, while The Beauty Bar operates under a modified gross lease.

The asset is located at 4259 South Cottage Grove Avenue in Chicago’s Bronzeville/Oakland neighborhood. As the anchor tenant, DaVita provides dialysis services for patients with chronic kidney failure and end-stage renal disease. The corporate parent, DaVita Inc., is a Fortune 500® company with an “BB” Stable credit rating (S&P).

For buyers or investors, this property combines long-term healthcare tenancy with additional income streams from retail and communications under distinct lease structures. Rent escalations are in place, including a 10% increase for DaVita in 2033 and annual 3% increases for T-Mobile throughout the primary term and option periods, supporting an extended lease horizon through 2038.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Chicago

County

Cook

State

Illinois

Longitude

-87.606436

Latitude

41.817043

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FAQs

What type of property is this?

Medical center - 100% occupied, healthcare-anchored NNN retail building with DaVita as the primary tenant through 2038.

Where is this medical center located?

The property is located at 4259 South Cottage Grove Avenue Chicago, IL.

What is the asking price?

The asking price for this property is $8,210,000.

What are key features of this property?

This property features: 18,972 SF retail building built in 2012, 100% occupied with healthcare‑anchored tenancy; DaVita Dialysis is the anchor tenant, occupying 89% of the property under a long‑term lease through Dec 31, 2038; DaVita rent increases 10% in 2033, supporting income growth during the primary term