Share This Listing

Message

912 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

19260 S Halsted St
Homewood, IL 60430
AbilityLab Homewood: NNN Lease with A+ Credit · Office Property For Sale

Executive Summary

TO SIGN THE NDA AND GET IMMEDIATE ACCESS TO THE OFFERING MEMORANDUM, PLEASE VISIT:
www.ShirleyRyanAbilityLabPortfolio.com (or click: https://www.cbredealflow.com/handler/modern.aspx?pv=-Y2MO4ZJqP-tUJny3tMROHBEHPiUB22tUCSIbTI6zac#_top)
Overview:
CBRE’s U.S. Healthcare Capital Markets Group is pleased to present the exclusive opportunity to acquire
Shirley Ryan AbilityLab Homewood (the “Property”), a high-volume, build-to-suit DayRehabCenter®
located at 19260 S. Halsted Street in Homewood, Illinois. Completed in 2019, the Homewood facility was
strategically developed to double SRALab’s existing local footprint, providing a critical increase in patient
capacity to meet exploding regional demand. The Property is 100% net leased to the Rehabilitation Institute
of Chicago, d/b/a Shirley Ryan AbilityLab (“SRALab” or the “Tenant”) (Fitch: ‘A+‘), which has been ranked
the #1 rehabilitation hospital in the United States for 35 consecutive years by U.S. News & World Report—
the only hospital of any kind to hold this distinction.
The 20,188 rentable square foot facility features a 5.3-year weighted average lease term remaining (WALT)
with fixed 2.5% annual rent escalations. Strategically selected for its superior access to I-294 and I-80,
the facility draws patients from a massive geographic population stretching from the south and southwest
Chicago suburbs to northwest Indiana. As a result, the Homewood facility consistently ranks among
the top DayRehabCenters® in terms of patient volume. The Property includes specialized therapeutic
infrastructure, such as a unique 370’ outdoor walking path made of crushed granite designed for surfacespecific
rehabilitation, and three state-of-the-art gyms for pediatric, physical, and occupational therapy.
SRALab’s significant long-term commitment to this location is further underscored by its $5.0 million direct
capital investment into the facility’s specialized interior hard costs and structural systems.
Investment Highlights:
World-Renowned, High Investment-Grade Tenancy
Class ‘A’, State-of-the-Art Rehabilitation Centers
Critical-Care Assets
Significant Tenant Investment
100% Net-Leased with 2.5% Annual Escalations
TO SIGN THE NDA AND GET IMMEDIATE ACCESS TO THE OFFERING MEMORANDUM, PLEASE VISIT:
www.ShirleyRyanAbilityLabPortfolio.com (or click: https://www.cbredealflow.com/handler/modern.aspx?pv=-Y2MO4ZJqP-tUJny3tMROHBEHPiUB22tUCSIbTI6zac#_top)

Property Facts

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
20,188 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2019
Price
$13,391,081 CAD
Price Per SF
$663.32 CAD
Cap Rate
6.50%
NOI
$870,427 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
20,188 SF
Building FAR
0.17
Lot Size
2.67 AC
Zoning
C
Parking
101 Spaces (5 Spaces per 1,000 SF Leased)

Property Taxes

Property Taxes

Parcel Number
32-08-201-024-0000
Land Assessment
$211,203 CAD
Improvements Assessment
$512,997 CAD
Total Assessment
$724,200 CAD
  • Listing ID: 39837798

  • Date on Market: 2026-03-19

  • Last Updated:

  • Address: 19260 S Halsted St, Homewood, IL 60430

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}