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11238 S Western Ave
Chicago, IL 60643 Morgan Park

Price Upon Request

Medical For Sale  •  5,272 SF

Property Details

  • Property Type Medical
  • Total Building Size 5,272 SF
  • Lot Size 0.07 AC
  • Building Class C
  • Year Built 1962
  • Tenancy Multiple
  • Zoning B2-1
50 Transit Score
70 Walk Score

Highlights

Portfolio is anchored by UChicago Medicine, providing durable income backed by an investment-grade (S&P AA-) healthcare tenant.
Assets can be acquired individually or as a portfolio, allowing flexibility across core, value-add, or development strategies.
Stabilized single-tenant building delivers immediate cash flow with strong credit tenancy.
Additional assets offer value-add upside through lease-up of a 75% occupied multi-tenant building and a vacant former medical office.
Three contiguous land parcels (~0.21 acres) provide future development or expansion potential.
Located along Western Avenue in Chicago, the property benefits from strong visibility, transit access, and dense surrounding population.

Amenities

  • Bus Line
  • Security System
  • Signage
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
111th Street Station (Rock Island District Line - Northeast Illinois Regional Commuter Railroad (Metra)) 2 min 14 min 0.7 mi
Morgan Park - 115th Street Station (Rock Island District Line - Northeast Illinois Regional Commuter Railroad (Metra)) 4 min 17 min 0.9 mi
Transit/SubwayDriveWalkDistance
111th Street Station (Rock Island District Line - Northeast Illinois Regional Commuter Railroad (Metra)) 2 min 14 min 0.7 mi
Morgan Park - 115th Street Station (Rock Island District Line - Northeast Illinois Regional Commuter Railroad (Metra)) 3 min 16 min 0.8 mi
AirportDriveWalkDistance
Chicago Midway International 26 min - 11.1 mi
Chicago O'Hare International 68 min - 35.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes