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6101 W 95th St Oak Lawn, IL 60453

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Medical center in a dense Chicago suburb with NNN lease.

Type:Office, Retail
Property size:
10,815 SF
Added:
Sep 30, 2024
Days on Market:
568
Last Refresh:
Mar 17 at 1:13 pm

Property Features for 6101 W 95th St

General Information

Standard status
Active
Size
10,815 SF
Property subtype
Office, Retail

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Listing Contact
Daniel Chumbley

Listing agent Daniel Chumbley License #IL 475.188007

Listing office Marcus & Millichap SWM Group

Listing date Sep 30, 2024

Source Crexi

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 Marcus & Millichap SWM Group


Overview

Oak Lawn Medical Center For Sale

The JenCare Senior Medical Center is located in a dense Chicago suburb. The property operates under a NNN lease with 3% annual increases. JenCare has been at this location for over a decade, reaffirming its commitment by renewing the lease for seven more years in 2020, with three years currently remaining. The company spent over $50,000 in 2024 to install a new fiber optic system and improve the parking lot through resurfacing and striping. JenCare is a rapidly growing senior primary care provider formed through a joint venture between ChenMed and Humana, with 33 locations across five states. It is part of ChenMed's broader network, which has grown steadily over the past decade, increasing membership by 37.06% annually from 2010 to 2022. ChenMed operates over 130+ locations in 15 states and in 2022/2023 37 new clinics that year opened. The property is situated near two major hospitals with a combined total of 1,086 beds. Advocate Christ Medical Center, located just 2.5 miles away, is a premier teaching institution with over 1,500 affiliated physicians and 105,000 patient visits annually. It is one of the busiest Level I trauma centers in Illinois. OSF Little Company of Mary Medical Center, located 4.4 miles from the site, offers 298 beds and handles 11,600 inpatient visits, 253,000 outpatient visits, and nearly 50,000 emergency department patients annually. The JenCare facility is positioned along Oak Lawn’s busiest corridor, 95th Street, a major thoroughfare that sees 33,325 vehicles per day. The area is home to major shopping centers, including the Chicago Ridge Mall, which attracted seven million visitors over the past year. Additionally, the property is located just two miles from the Interstate 294 interchange, which has a traffic count of 181,700 vehicles per day. The medical center is surrounded by several assisted living facilities, including Oak Lawn Respiratory & Rehabilitation Center (143 beds), Aperion Care Oak Lawn (134 beds), and ALIYA of Oak Lawn (191 beds), all within half a mile. The area boasts attractive demographics, with 156,115 residents living within three miles and 348,248 people working within a five-mile radius. The property size is 10,815 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

JenCare Senior Medical ... Medical Clinic Dr. Samira Ghaniwala Pediatrician Anna Zaleska Physician Krystyna Oleniacz-Miller Physician Dr. Haytham Mansour Physician

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Oak Lawn
County
Cook
State
Illinois
Longitude
-87.7731162
Latitude
41.7193091

FAQs

What type of property is this?
Medical center - Medical center in a dense Chicago suburb with NNN lease.
Where is this medical center located?
The property is located at 6101 W 95th St Oak Lawn, IL.
What is the asking price?
The asking price for this property is $2,942,430.
What are key features of this property?
This property features: NNN lease with JenCare Senior Medical Center, a rapidly growing senior primary care provider.; Lease renewal in 2020 for seven years, demonstrating commitment to the location.; **3% annual rent increases, providing a hedge against inflation.**
More about this property
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