7456 S State Rd Chicago, IL

Properties For Sale

at 7456 S State Rd Contact us

Listing agency JLL - Corporate Show Phone

Listed by Andrew Milne Show Phone

Source Moodyscre

Added: Nov 24, 2025 Updated: Jul 10 at 11:39AM Checked: Jul 21 at 4:11AM

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Investment Insights

Based on property information with market context.

The property is a Class A multi-tenant medical outpatient facility completed in 2011. The building has 58,295 rentable square feet and is currently 82.1% leased. The weighted average remaining lease term is 8.6 years. The property is located four miles south of I-55, less than five miles east of I-294, and approximately three miles equidistant from both Advocate Christ Medical Center as well as Midway International Airport. It is situated in a healthcare node comprised of 93.8% medical outpatient facility occupancy and 1,175 acute care beds. The surrounding area has a dense urban infill population of 587,546 within a five-mile radius. There is average mark-to-market upside of 15.6% in years one through ten.

Key Highlights

• Class A medical outpatient facility built in 2011
• 82.1% leased with a strong 8.6 years weighted average remaining lease term (WALT)
• Located in a vibrant healthcare node with 93.8% medical outpatient facility occupancy

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FAQs

What type of property is this?

Medical Office Space - Multi-tenant medical facility with stable income and value-add upside.

Where is this medical office space located?

The property is located at 7456 S State Rd Chicago, IL.

What are key features of this property?

This property features: Class A medical outpatient facility built in 2011; 82.1% leased with a strong 8.6 years weighted average remaining lease term (WALT); Located in a vibrant healthcare node with 93.8% medical outpatient facility occupancy