Multi-Specialty Medical
For Sale
Contact for pricing
4732 N Lincoln Avenue, Chicago, IL 60625
Multi-specialty medical facility is leased to Northwestern Memorial Hospital with remaining term and renewal options.
Property Size11,000 SF
Price / SF$812.09
Days on Market93
Property Features for 4732 N Lincoln Avenue
General Information
Standard status
Active
Size
11,000 SF
Property subtype
Retail, Office
Occupancy
100%
Lease Type
NN
Investment Type
Net Lease
Net Operating Income
$535,989
Additional Details
Traffic Count
65,000 vehicles/day
Building Details
Year Built
1917
Year Renovated
2021
Tenancy
Single
Listing Agency:
JLL Chicago | Americas Headquarters
Listed By:
Mohsin Mirza · License #IL 475.189943
(312) 782-5800
Source:
Crexi
Added: Jun 5
Changed: Aug 22
Last Checked: Sep 4 at 10:10PM
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 JLL Chicago | Americas Headquarters
Investment Insights
Based on property information with market context.
Northwestern Medicine Lincoln Square is a multi-specialty medical facility offered for sale at 4732 N Lincoln Avenue in Chicago, IL. The property is leased to Northwestern Memorial Hospital and is described as an integrated healthcare hub providing dermatology, primary care, and immediate care services.
The offering notes 10.9 years remaining on the lease, with 1.50% annual rent increases and four, five-year renewal options. The property is positioned along Lincoln Avenue in Lincoln Square and is described as having proximity to the Western CTA station and strong day-to-day visibility from traffic at the intersection.
The asset is presented as part of an established Northwestern Medicine system serving a broad patient base across the Chicago area.
The offering notes 10.9 years remaining on the lease, with 1.50% annual rent increases and four, five-year renewal options. The property is positioned along Lincoln Avenue in Lincoln Square and is described as having proximity to the Western CTA station and strong day-to-day visibility from traffic at the intersection.
The asset is presented as part of an established Northwestern Medicine system serving a broad patient base across the Chicago area.
Key Highlights
- Multi‑specialty medical facility at 4732 N Lincoln Avenue, Chicago, IL, built in 1917
- Leased to Northwestern Memorial Hospital with 10.9 years remaining on the lease term
- Lease includes 1.50% annual rent increases and four, five‑year renewal options
Property Analytics
Current Use
Lease Details
65,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
3,787
Businesses Nearby
Explore this area
Business Placement
Demographics for 60625, IL
76,525
Population
33,932
Households
2.3
Avg Household Size
36
Median Age
54%
College-Educated
87%
High-School Grad
3.8 sq mi
ZIP Area
20,138
Density / Sq Mi
$85,299
Median Household Income
$48,314
Median Earnings
$1,455
Median Rent
$396,700
Median Home Value
Market
Vacancy Rate% for Office in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical center - Multi-specialty medical facility is leased to Northwestern Memorial Hospital with remaining term and renewal options.
Where is this medical center located?
The property is located at 4732 N Lincoln Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $8,933,000.
What are key features of this property?
This property features: Multi‑specialty medical facility at 4732 N Lincoln Avenue, Chicago, IL, built in 1917; Leased to Northwestern Memorial Hospital with 10.9 years remaining on the lease term; Lease includes 1.50% annual rent increases and four, five‑year renewal options
