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11238-11250 S Western Ave 3 Properties Offered at $3,721,000 in Chicago, IL



Investment Highlights
- Portfolio is anchored by UChicago Medicine, providing durable income backed by an investment-grade (S&P AA-) healthcare tenant.
- Stabilized single-tenant building delivers immediate cash flow with strong credit tenancy.
- Three contiguous land parcels (~0.21 acres) provide future development or expansion potential.
- Assets can be acquired individually or as a portfolio, allowing flexibility across core, value-add, or development strategies.
- Additional assets offer value-add upside through lease-up of a 75% occupied multi-tenant building and a vacant former medical office.
- Located along Western Avenue in Chicago, the property benefits from strong visibility, transit access, and dense surrounding population.
Executive Summary
Broker of Record
Matthew M. Fitzgerald
License # 478027547, 471021676 (IL)
Matthews Real Estate Investment Services, Inc
600 W Fulton, Ste 100 Chicago, IL 60661
(866) 889-0550
Matthew M. Fitzgerald
License # 478027547, 471021676 (IL)
Matthews Real Estate Investment Services, Inc
600 W Fulton, Ste 100 Chicago, IL 60661
(866) 889-0550
Property Facts
| Price | $3,721,000 | Number of Properties | 3 |
| Price / SF | $249.35 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 14,923 SF |
| Status | Active | Total Land Area | 0.33 AC |
| Price | $3,721,000 |
| Price / SF | $249.35 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 14,923 SF |
| Total Land Area | 0.33 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 11250 S Western Ave, Chicago, IL 60643 | Health Care | 7,631 SF | 1964 | - |
| 11238 S Western Ave, Chicago, IL 60643 | Office | 5,272 SF | 1962 | - |
| 11240 S Western Ave, Chicago, IL 60643 | Office | 2,020 SF | 1965 | - |
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11238-11250 S Western Ave
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