3433 W Madison St | Chicago, IL 60624
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- LoopNet Team
3433 W Madison St
Chicago, IL 60624
Oak Street Health | NNN Lease | Rev. $2.16B · Office Property For Sale
INVESTMENT HIGHLIGHTS
- High-Quality Healthcare Asset – This an ideal investment opportunity for investors looking to complement their existing portfolio, or begin investing
- Passive NNN Lease – This building features a NNN lease with minimal landlord responsibilities, providing a passive investment vehicle
- High Growth Company – Oak Street Health’s revenue grew 62% year over year for calendar year 2021
- Inflationary Protected Lease – This lease features above-market, 2.50% annual rent increases, providing a major cash flow boost
- Industry-Leading National Operator – Oak Street Health operates 169 healthcare facilities across 21 states and is the chosen provider of AARP
- Humana Inc. Partnership – In 2015, Oak Street Health forged a strategic partnership with Humana Inc., the nation’s 3rd largest health insurance
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
9,550 SF
Building Class
C
Year Built/Renovated
1910/2014
Tenancy
Single
Building Height
1 Story
Typical Floor Size
9,550 SF
Building FAR
0.67
Lot Size
0.33 AC
Zoning
C1-3 - Commercial Building
AMENITIES
- Signage
- Wheelchair Accessible
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 16-14-201-005-0000 | Improvements Assessment | $121,422 |
| Land Assessment | $46,556 | Total Assessment | $167,978 |
PROPERTY TAXES
Parcel Number
16-14-201-005-0000
Land Assessment
$46,556
Improvements Assessment
$121,422
Total Assessment
$167,978
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