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6918 W Archer Ave
Chicago, IL 60638
Oak Street Health | 20-Year NNN Lease · Retail Property For Sale
Investment Highlights
- Newly Renovated Oak Street Health Clinic in a Dense Chicago Neighborhood
- Oak Street Health was Acquired by CVS Health for $10.6 Billion, Becoming Part of CVS Health’s Recently Formed Health Care Delivery Organization
- Conveniently Situated on a Heavily Traveled Road | 32,200 Vehicles per Day
- The Clinic is Currently Undergoing a Complete Renovation, Including a New Roof, Exterior Façade Improvement, and Significant Interior Renovations
- New 20-Year NNN Lease | 10% Rental Increases Every Five Years
- 129,364 People Live Within Three Miles
Property Facts
Property Type
Retail
Property Subtype
Building Size
7,466 SF
Building Class
C
Year Built/Renovated
1966/2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.71
Lot Size
0.24 AC
Zoning
B3-1 - Commercial
Parking
26 Spaces (2.41 Spaces per 1,000 SF Leased)
Frontage
121’ on Archer Ave
Amenities
- Bus Line
- Security System
- Signage
- Air Conditioning
Property Taxes
| Parcel Numbers | Improvements Assessment | $159,723 | |
| Land Assessment | $60,233 | Total Assessment | $219,956 |
Property Taxes
Parcel Numbers
Land Assessment
$60,233
Improvements Assessment
$159,723
Total Assessment
$219,956
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