Investment Overview

Marcus & Millichap is pleased to present to market the sale of a 1,972 square foot, single-tenant medical office condo located in Chicago, IL just outside of Downtown Chicago. The Salcedo Physicians Medical Sale-Leaseback features a seven-year triple-net lease to be signed at close of escrow in the heart of Chicago's dynamic real estate market. With the healthcare sector continuing to expand and adapt to meet evolving needs, medical office spaces have become increasingly sought after by investors seeking stable returns. Situated in the vibrant neighborhood of Chicago, this property benefits from the city's robust economy and growing population, which contribute to sustained demand for healthcare services. Furthermore, the sale-leaseback arrangement offers investors a predictable income stream, making it an attractive option for those seeking long-term passive income along with annual rental increases for future investment growth. Location: Nestled at 3132 W North Ave in Chicago's bustling 60647 zip code, the Salcedo Physicians Medical Sale-Leaseback enjoys a prime location with convenient access to key transportation arteries and amenities. Positioned just a 30-minute drive from both O'Hare International Airport and Midway International Airport, the property offers easy accessibility for patients and medical professionals alike. Moreover, its proximity to downtown Chicago, a mere 20-minute drive away, enhances its appeal by tapping into the city's diverse population and cultural offerings. The property's strategic location near major thoroughfares such as I-90 and I-290 further streamlines commuting and ensures seamless connectivity to surrounding neighborhoods and suburbs. With its central position and excellent accessibility, this medical office condo stands as a cornerstone of convenience and accessibility in the heart of Chicago.