Medical Center
For Sale
Contact for pricing
5139 S Ashland Ave, Chicago, IL 60609
Three-building medical campus occupied by a healthcare provider under a long-term triple-net lease.
Property SizeContact for details
Days on Market144
Property Features for 5139 S Ashland Ave
General Information
Standard status
Active
Property subtype
Retail, Office
Listing Agency:
Millennium Properties R/E
Listed By:
Daniel Hyman · License #IL 471.013658x
(312) 338-3000
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 12:42AM
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 Millennium Properties R/E
Investment Insights
Based on property information with market context.
This medical center campus comprises three recently developed buildings with a combined 34,400 square feet. The facilities are fully leased to Access Community Health Network and support family medicine, pediatrics, cardiology, research, OB/GYN, additional medical practices, and administrative offices. The lease is structured on a triple-net basis, has more than 10 years remaining, includes several renewal options, and provides fixed increases throughout the term.
The property is located at 5139 S Ashland Ave in Chicago’s Back of the Yards neighborhood, less than three miles from downtown Chicago. It occupies the corner of Ashland and 52nd, where approximately 22,800 cars pass daily, and sits adjacent to a grocery-anchored retail center. The surrounding area includes a mix of residential and commercial properties along Ashland, 51st St., and 47th St.
The property is located at 5139 S Ashland Ave in Chicago’s Back of the Yards neighborhood, less than three miles from downtown Chicago. It occupies the corner of Ashland and 52nd, where approximately 22,800 cars pass daily, and sits adjacent to a grocery-anchored retail center. The surrounding area includes a mix of residential and commercial properties along Ashland, 51st St., and 47th St.
Key Highlights
- Three recently developed buildings totaling 34,400 square feet
- 100% leased to Access Community Health Network
- Triple‑net lease with more than 10 years remaining
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
735
Businesses Nearby
Explore this area
Business Placement
Demographics for 60609, IL
65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
Median Home Value
Market
Vacancy Rate% for Office in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Medical center - Three-building medical campus occupied by a healthcare provider under a long-term triple-net lease.
Where is this medical center located?
The property is located at 5139 S Ashland Ave Chicago, IL.
What are key features of this property?
This property features: Three recently developed buildings totaling 34,400 square feet; 100% leased to Access Community Health Network; Triple‑net lease with more than 10 years remaining
