For Auction

72-Bed Skilled Nursing Facility | Chicago MSA

6909 West North Avenue,
Oak Park, IL 60302

Asset Snapshot

Real Estate
Asset Type
Senior Housing
Property Type
1985
Year Built
2015
Year Renovated
1
Floor Count
1
Building Count
0.72 Acres
Land Area
32 Units
Unit Count
67%
Occupancy

Offering Summary

Investment Highlights

  • 72-Bed Skilled Nursing Facility: Well-located SNF in Oak Park, Illinois, a dense and affluent suburban market approximately 12 miles west of downtown Chicago.
  • Assumable HUD Financing: In-place HUD loan with an approximate $2.3 million balance, fixed 2.85% interest rate, and 2040 maturity, providing immediate capital structure efficiency in today’s higher-rate environment.
  • In-Place Operations: Operating skilled nursing facility with established staffing, referral relationships, and day-to-day operations.
  • Strong Hospital Referral Network: Located within a three-mile radius of several major hospitals, including Rush Oak Park Hospital and West Suburban Medical Center, supporting consistent referral volume.
  • Deep Healthcare Labor Pool:  Proximity to multiple colleges with active nursing and healthcare programs supports access to CNAs, LPNs, and RNs, mitigating staffing risk.
  • Favorable Long-Term Demographics: Dense population with an aging resident base and above-average household incomes supporting sustained demand for skilled nursing services.
 

Offering Summary

Walker & Dunlop Investment Sales, in conjunction with RealINSIGHT Marketplace, is pleased to present Berkeley Nursing & Rehab, a 72-bed skilled nursing facility located in Oak Park, Illinois, approximately 12 miles west of downtown Chicago. The Property is situated within a dense and affluent suburban market that supports long-term demand for skilled nursing and rehabilitation services in a high-barrier Chicago submarket. Berkeley Nursing & Rehab is offered with assumable HUD financing, including an outstanding principal balance of approximately $2.3 million at a below-market 2.85% fixed interest rate with a 2040 maturity, providing immediate capital structure efficiency and eliminating near-term refinancing risk.

The Property benefits from in-place operations supported by a robust healthcare ecosystem, with multiple major hospitals located within a three-mile radius, as well as a deep local labor pool anchored by nearby colleges with active nursing and healthcare programs. Berkeley Nursing & Rehab represents an opportunity to acquire a well-located skilled nursing facility with assumable low-cost debt, established operations, and durable demographic tailwinds in one of the Chicago metro’s most desirable suburban markets.

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Auctioneer

Scott Bowers
c/o Fisher Auction Company Inc.
License: 040000273

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Investment Sales Brokers

Nick Hall
Walker & Dunlop
Alex Vice
Walker & Dunlop
DH
Dave Hendrickson
Walker & Dunlop
IL License: 471000661

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.