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615 Ridge Rd
Wilmette, IL 60091
Metro Chicago Former Assisted Living · Health Care Property For Sale · 34 Beds

Investment Highlights

  • *PROPERTY TOURS on OCTOBER 11 & 12. Schedule with Stewart Yates.
  • Potential for senior housing, nursing, long-term care, multifamily and short term/corporate housing re-purposing.
  • Over the last few years, the market has seen a significant surge in rent growth and senior housing occupancy, showing the strength of the sector.
  • 615 Ridge Road is an 18,547 SF assisted living facility centrally located in one of the Chicago North Shores' most desirable communities, Wilmette.
  • Wilmette offers excellent access to a large population of over 1.2 million who spend over $850 million on health care annually.
  • Property features include 28 units, 34 beds, recreation rooms, kitchens, and other sought-after amenities.

Property Facts

Sale Condition Auction Sale
Type of Ownership Fee Simple
Property Type Health Care
Property Subtype Assisted Living
Building Class B
Lot Size 0.41 AC
Building Size 18,547 SF
No. Beds 34
No. Stories 2
Year Built 2003
Zoning R-3, Wilmette
Parcel Number 05-33-110-024-0000
  • Listing ID: 29218265

  • Date on Market: 8/8/2023

  • Last Updated:

  • Address: 615 Ridge Rd, Wilmette, IL 60091

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