JenCare Senior Medical Center 6101 W 95th St 10,815 SF Retail Building Oak Lawn, IL 60453 $3,995,820 CAD ($369.47 CAD/SF) 8.60% Cap Rate

Marcus & Millichap is pleased to exclusively offer JenCare Senior Medical Center, located in a dense Chicago suburb, which operates under a NNN lease with 3% annual increases. JenCare has been at this location for over a decade, reaffirming its commitment by renewing the lease for seven more years in 2020, with three years currently remaining. Furthering its investment, the company spent over $50,000 in 2024 to install a new fiber optic system and improve the parking lot through resurfacing and striping.
JenCare is a rapidly growing senior primary care provider formed through a joint venture between ChenMed and Humana. With 33 locations across five states, it is part of ChenMed's broader network, which has grown steadily over the past decade, increasing membership by 37.06% annually from 2010 to 2022. ChenMed operates over 130+ locations in 15 states and in 2022/2023 37 new clinics that year opened.
The property is situated near two major hospitals with a combined total of 1,086 beds. Advocate Christ Medical Center, located just 2.5 miles away, is a premier teaching institution with over 1,500 affiliated physicians and 105,000 patient visits annually. It is one of the busiest Level I trauma centers in Illinois. OSF Little Company of Mary Medical Center, located 4.4 miles from the site, offers 298 beds and handles 11,600 inpatient visits, 253,000 outpatient visits, and nearly 50,000 emergency department patients annually.
The JenCare facility is positioned along Oak Lawn’s busiest corridor, 95th Street, a major thoroughfare that sees 33,325 vehicles per day. The area is home to major shopping centers, including the Chicago Ridge Mall, which attracted seven million visitors over the past year. Additionally, the property is located just two miles from the Interstate 294 interchange, which has a traffic count of 181,700 vehicles per day.
The medical center is surrounded by several assisted living facilities, including Oak Lawn Respiratory & Rehabilitation Center (143 beds), Aperion Care Oak Lawn (134 beds), and ALIYA of Oak Lawn (191 beds), all within half a mile. The area boasts attractive demographics, with 156,115 residents living within three miles and 348,248 people working within a five-mile radius.