This Office Property is no longer advertised on LoopNet.com.

3046 Burr Oak Ave
Blue Island, IL 60406
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
Medical
Building Size
9,500 SF
Building Class
B
Year Built/Renovated
1962/2014
Tenancy
Single
Building Height
1 Story
Typical Floor Size
9,500 SF
Building FAR
0.36
Lot Size
0.60 AC
Zoning
C-2 - Commercial Building
Parking
16 Spaces (1.09 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Wheelchair Accessible
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
24-25-310-003-0000
Land Assessment
$65,250
Improvements Assessment
$116,438
Total Assessment
$181,688
  • Listing ID: 27587237

  • Date on Market: 1/25/2023

  • Last Updated:

  • Address: 3046 Burr Oak Ave, Blue Island, IL 60406

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