Advocate Health Care - Morton Grove, IL

Asset Type


6131 Dempster St Morton Grove, IL United States 60053-2953
Asking Price


Sq Footage


Year Built


Cap Rate


Additional Attributes

Property Description

Single-tenant, well-maintained medical office proper for sale along the busy Dempster Street, less than one mile from I-94 and just 16 miles from Chicago. The property is currently leased to Advocate Health Care, a leading regional non-profit medical services operator with over 400 locations nationwide. Full roof replacement was done in 2016 and is covered in a transferable 10-year warranty. 

Investment Highlights

  • Fee simple interest
  • Property includes an NN lease structure with 4.7 years of contractual term remaining, full CAM reimbursement
  • Annual rent increases of 3% with one 3-year option to extend
  • Minimal landlord responsibilities
  • Highly visible location on Dempster Street and less than 1 mile from I-94
Listing Contacts
Nicholas Kanich
Nicholas Kanich
SVP, Capital Markets
+65 3159 4021
IL - 475147401
Alex Sharrin
Alex Sharrin
SVP, Capital Markets
+65 3159 4021
IL - 475.170243
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