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72-Bed Skilled Nursing Facility | Chicago MSA

Market Price

6909 West North Avenue, Oak Park, IL 60302

Active
Last Updated: 03/02/2026

0.72 acres

Lot Area

67

Occupancy

Details:
Lot Area:    0.72 acres
Occupancy:    67%
Units:    32
Year Built:    1985
Year Last Renovated:    2015
Floor:    1
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.
Description:

Ri Marketplace Online Auction April 13th-15th, 2026
Register to bid on Marketplace:

https://rimarketplace.com/auction/3055/senior-housing/oak-park/il?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=seniorhousing_3055

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.


Scott Bowers
c/o Fisher Auction Company Inc.
License: 040000273
The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.

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