1 of 3

2 of 3

3 of 3

•  Media
• Map
• Street View

2640 W 183rd St
Homewood, IL 60430

$2,715,308 USD

Medical For Sale  •  12,000 SF

Property Details

• Property Type Medical
• Total Building Size 13,297 SF
• Lot Size 0.18 AC
• Building Class C
• Year Built 1990
• Cap Rate 9.25 %
• Tenancy Single
• Zoning R6, Brooklyn (S3)

37 Transit Score

61 Walk Score

Highlights

Extremely Passive Investment – This long-term single tenant healthcare investment features a landlord friendly lease structure with minimal landlord.

High Visibility Location – The property is on a corner lot at a signalized intersection with multiple points of ingress and egress.

E-Commerce Resistant Tenant – Healthcare operators aren’t prone to the same competition that many retail tenants face.

Recent Practice Acquisition – The practice at this property was purchased by EyeSouth Partners in 2022. They assumed a 5-year lease with options.

Chicago, MSA – Horsham is 25 miles southwest of Chicago, and part of the Chicago MSA. Chicago is the 3rd largest city in the United States.

Affluent Area with High Population – The 1-mile average household income in the area surrounding the property is over $99K/year.

Cap Rate:

9.25 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
Homewood Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra))	3 min	18 min	0.9 mi
Flossmoor Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra))	4 min	-	1.1 mi
Airport	Drive	Walk	Distance
Chicago Midway International	31 min	-	20.0 mi