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Fresenius NNN Medical Property
For Sale
Contact for pricing
Pending

6535 S Western Ave, Chicago, IL 60636

Fee simple ownership supports a medical-use asset with a renewed NN lease and extension options.

Property Size7,134 SF
Lot Size0.42 Acres
Days on Market145

Property Features for 6535 S Western Ave

General Information

Standard status Pending
Size 7,134 SF
Lot size 0.42 Acres
Property subtype Retail

Building Details

Buildings 1
Tenancy Single
Listing Agency: GAIA Real Estate Investments
Listed By: Erika Carlson · License #CA 01789133
Source: Crexi
Added: Apr 11 Changed: Sep 2 Last Checked: Sep 1 at 6:12AM

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 GAIA Real Estate Investments

Investment Insights

Based on property information with market context.

This fee simple medical property in Chicago includes a 7,134-square-foot building on 18,488 square feet of land. The facility is occupied by Fresenius Medical Care under a recently renewed 10-year NN lease, with 7 years remaining in the current term. The lease provides two 5-year renewal options, with annual increases of 1% during the initial term and 3% during each option period.

The property is located at 6535 S Western Ave near the signalized intersection of W. 65th St. and W. Western Ave. The intersection records traffic of 31,600 vehicles per day, providing a measurable access and exposure point for the medical facility. The lease also includes a corporate guaranty.

Key Highlights

  • 7,134 SF medical building on 18,488 SF of land
  • Fresenius Medical Care occupancy with 7 years remaining on a recently renewed 10‑year lease
  • Two 5‑year renewal options

Property Analytics

Current Use

Associates In Nephrology - Marquette ... Medical Clinic Satya Ahuja MD Physician ParkChicago #482132 Parking Lot & Garage Fresenius Kidney Care ... Medical Clinic

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Gym & Fitness Center Skin Care Clinic Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

957
Businesses Nearby

Demographics for 60636, IL

34,800
Population
14,363
Households
2.4
Avg Household Size
35
Median Age
11%
College-Educated
78%
High-School Grad
3.9 sq mi
ZIP Area
8,923
Density / Sq Mi
$35,077
Median Household Income
$30,411
Median Earnings
$1,135
Median Rent
$150,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Fee simple ownership supports a medical-use asset with a renewed NN lease and extension options.
Where is this nnn property located?
The property is located at 6535 S Western Ave Chicago, IL.
What are key features of this property?
This property features: 7,134 SF medical building on 18,488 SF of land; Fresenius Medical Care occupancy with 7 years remaining on a recently renewed 10‑year lease; Two 5‑year renewal options
More about this property
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