Local MD Urgent Care 17958-17960 Halsted St 4,278 SF Retail Building Homewood, IL 60430 $2,460,000 ($575.04/SF) 6% Cap Rate

CBRE’s Net Lease Property Group – Midwest is pleased to present the opportunity to acquire the fee simple interest in a freestanding Local MD Urgent Care located within Washington Park Plaza in Homewood, Illinois. The property is leased to Illinois Urgent Care, LLC, operating as Local MD Urgent Care, under a long-term lease.
In October 2024, the Tenant executed a major expansion and 10-year lease extension, further solidifying its long-term commitment to this location. Local MD Urgent Care recently expanded to occupy the full 4,278 rentable square feet of the building, and the lease includes three (3) additional 5-year renewal options, offering long-term stability and future growth potential.
Strategically positioned within Washington Park Plaza, Homewood’s premier retail destination, the property benefits from strong, consistent foot traffic generated by top national retailers including Best Buy, TJ Maxx, Ross Dress for Less, Old Navy, Five Below, Party City, and Petco. The center attracts approximately 2.8 million annual visitors, creating a robust environment that supports Local MD’s essential healthcare services.
Operated by experienced healthcare professionals, Local MD Urgent Care provides a comprehensive array of services including urgent care, occupational medicine, imaging, laboratory diagnostics, family medicine, addiction treatment, psychiatric care, and other community-focused healthcare offerings.