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18 Chicago Ave
Oak Park, IL 60302
Oak Street Health | NNN Lease | Rev. $2.16B · Office Property For Sale
Investment Highlights
- High-Quality Healthcare Asset – This an ideal investment opportunity for investors looking to complement their existing portfolio, or begin investing
- Passive NNN Lease – This building features a NNN lease with minimal landlord responsibilities, providing a passive investment vehicle
- High Growth Company – Oak Street Health’s revenue grew 62% year over year for calendar year 2021
- Inflationary Protected Lease – This lease features above-market, 2.50% annual rent increases, providing a major cash flow boost
- Industry-Leading National Operator – Oak Street Health operates 169 healthcare facilities across 21 states and is the chosen provider of AARP
- Humana Inc. Partnership – In 2015, Oak Street Health forged a strategic partnership with Humana Inc., the nation’s 3rd largest health insurance
Property Facts
Property Type
Office
Property Subtype
Building Size
7,476 SF
Building Class
B
Year Built
1913
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,476 SF
Building FAR
1.00
Lot Size
0.17 AC
Zoning
B1/B2 - Commercial Building
Amenities
- Signage
- Wheelchair Accessible
- Air Conditioning
Property Taxes
| Parcel Number | 16-05-326-026-0000 | Improvements Assessment | $135,563 |
| Land Assessment | $60,000 | Total Assessment | $195,563 |
Property Taxes
Parcel Number
16-05-326-026-0000
Land Assessment
$60,000
Improvements Assessment
$135,563
Total Assessment
$195,563
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