Transwestern has been exclusively retained by Ownership to offer qualified investors an opportunity to purchase Hospital Plaza Medical Building (the “Property”), a 74% condominium interest in a 21,154 square foot outpatient medical building. The majority interest includes six suites that total 15,697 rentable square feet providing a controlling share of the association.
The Property is directly across the street from the 333-bed, Advocate Good Samaritan Hospital, Advocate Good Samaritan features DuPage County’s only Level I trauma center, a certified Level III neonatal intensive care unit and Magnet® recognition for nursing excellence. The hospital has served Downers Grove and the surrounding community for over 40 years. It is part of Advocate Health, the third-largest nonprofit integrated health system in the U.S.
Located on 2.76 acres, the Property offers an above average parking ratio of 6/1,000 square feet and exceptional access and visibility off Highland Avenue. Located on a lighted intersection shared with the main hospital entrance, patients and staff can easily walk to the campus or head North/South into or out of the Property. Tenants benefit from proximity to the hospital and also the strong demographics in the surrounding affluent neighborhoods that bolster a household income north of $147K within a 1-mile radius.