72-Bed Skilled Nursing Facility | Chicago MSA

6909 West North Avenue, Oak Park, IL 60302

Property Information

  • For Sale Contact for pricing
  • Property Type Senior Housing
  • Units 32
  • Lot Size 0.72 Acre
  • # of Floors 1
  • Year Built 1985
  • Year Renovated 2015
  • Date Updated May 14, 2026

Description

  • 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.

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

Contacts

RI Marketplace Marketing

RealINSIGHT Marketplace

Location

Contact Listing Broker
RI Marketplace Marketing

RealINSIGHT Marketplace

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.