Contacts
RealINSIGHT Marketplace
Property Details
- 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
- 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
Reach out to the broker for more info on lease terms and amenities
Getting around
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81/100
Walk Score ®
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55/100
Transit Score ®
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65/100
Bike Score ®
Location
- City Oak Park, IL
- Zip Code 60302
- Market Chicago
Points of Interest
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Elmwood Park
1.39 miles
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Maywood
2.48 miles
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Cicero
3.71 miles
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Belmont Avenue (Franklin Park)
3.79 miles
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Franklin Park
3.97 miles
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54th/Cermak
4.50 miles
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Irving Park
4.72 miles
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Logan Square
4.79 miles
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Belmont
4.94 miles
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Kedzie
5.06 miles
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Shell
0.38 miles
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BP
0.48 miles
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Citgo
0.65 miles
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Soofa Solar Phone Charger
0.81 miles
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Mobil
0.85 miles
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eVgo
5.12 miles
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ChargePoint
5.75 miles
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Tesla Supercharger
5.78 miles
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Tesla Destination Charger
5.97 miles
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Concordia University Parking Garage
0.74 miles
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Hatch School Parking Lot
0.87 miles
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East Parking Lot
1.19 miles
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Visitors Parking
1.28 miles
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Greenfield Parking Lot
1.30 miles
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Parking Garage
1.30 miles
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West Parking Lot
1.34 miles
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Holly Court Parking Garage
1.35 miles
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Avenue Parking Garage
1.49 miles
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West Suburban Hospital Parking Garage
1.64 miles
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Super 8 Chicago/Rosemont/O'Hare/SE
3.31 miles
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LP Motel
3.86 miles
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Travel Inn Motel
3.94 miles
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Relax Inn
3.94 miles
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Fullerton Hotel
3.95 miles
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Irving Hotel - SRO
4.01 miles
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Shamrock Motel
4.09 miles
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Super 8 by Wyndham Chicago Northlake O'Hare South
4.44 miles
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Lido Motel
4.46 miles
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Karavan Motel
4.48 miles
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Fresh Thyme
0.71 miles
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Del Rancho Market
1.07 miles
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Angelo Caputo's Fresh Markets
1.18 miles
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Ross
1.19 miles
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Gordon Food Service
1.20 miles
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dd's Discounts
1.29 miles
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Trader Joe's
1.30 miles
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ALDI
1.31 miles
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Farmers Best Market
1.32 miles
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Marshalls
1.36 miles
RealINSIGHT Marketplace