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    Nursing Home Redevelopment Opportunity
    Updated: May 9, 2025
    Nursing Home Redevelopment Opportunity

    323 Oak Ridge Ave, Hillside, IL 60162

    Contact for pricing
    20,482 sqft 1.43 AC lot
    20,482 SF soon‑to‑close 73‑bed nursing home available for redevelopment
    Set on 1.43 acres zoned R‑4
    Located on a quiet street just off Roosevelt Rd, west of the city
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Hillside, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Purpose-Built Senior Care Campus
    Purpose-Built Senior Care Campus

    842 W Warwick Drive, Alma, MI 48801

    $4,950,000
    34,539 sqft 6.19 AC lot

    Move-in-ready senior housing and care facility with private suites, dedicated support areas, and life-safety systems.

    View details
    Updated Senior Care Facility
    Updated Senior Care Facility

    1500 W WALNUT Street, Jacksonville, IL 62650

    $190,000
    2.00 AC lot

    Former nursing home updated and ready for reopening, with ample parking and space on 2 acres for potential expansion.

    View details
    Former Nursing Home Facility
    Former Nursing Home Facility

    1500 W Walnut Street, Jacksonville, IL 62650

    $225,000
    18,000 sqft

    Updated former nursing home on 2 acres with ample parking, positioned next to a hospital for senior care use.

    View details
    Purpose-Built Healthcare Facility Campus
    Purpose-Built Healthcare Facility Campus

    842 W Warwick Drive, Alma, MI 48801

    Contact for pricing
    34,539 sqft 6.19 AC lot

    Move-in-ready healthcare campus with private suites, on-site parking, and institutional life-safety systems for care-focused operators.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Springfield Commercial Land Opportunity
    Springfield Commercial Land Opportunity

    W WABASH Avenue, Springfield, IL 62711

    $7,900,000
    28.79 AC lot

    28+ acres of commercial land ready for development.

    View details
    Vacant Land on Thunder Bay River
    Vacant Land on Thunder Bay River

    301 N Fourteenth Avenue, Alpena, MI 49707

    $335,000
    2.00 AC lot

    Two-acre vacant land parcel with river frontage in Alpena, MI.

    View details
    Land For Sale Middleburg Heights
    Land For Sale Middleburg Heights

    19170 Bagley Rd, Middleburg Heights, OH 44130

    Contact for pricing
    11.80 AC lot

    11.796 acres of land zoned for senior living.

    View details
    Madisonville Land with Development Potential
    Madisonville Land with Development Potential

    Green Street, Madisonville, TN 37354

    $179,000
    6.00 AC lot

    Six acres near Highway 411, zoned for various development options.

    View details

    Hillside, IL Nursing Homes Market Trends and Statistics

    Explore 1 nursing homes for sale in Hillside, IL on our real estate platform. These investment opportunities span a total of 20,482 square feet of properties for sale.

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    Commercial property segments ranked by active listings on the market

    Nursing homes 1

    Demographics Overview

    Population 13K
    Population Growth (5Y) +0.2%
    Median Household Income $75,613
    College Educated 33.0%

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

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