Advocate Health

 Aurora, Illinois

Asking Price



Investment Grade Tenant

Aa3 from Moody's


Affluent Location

Chicago MSA


Lease Structure



Population (5-Mile)



Value-Add Opportunity Through Lease-Up

1,888 SF Available

For more details on this exclusive listing

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  • INVESTMENT GRADE TENANT - Advocate Aurora Health (AAH) is a non-profit health care system with 26 hospitals, more than 500 sites of care and 75,000 employees. Advocate Aurora Health holds an investment grade rating of Aa3 from Moody’s. 
  • CHICAGO MSA ACQUISITION OPPORTUNITY - The Property is located in North Aurora, an affluent suburb of  Chicago and part of the Chicago MSA. Commonly referred to as “Chicagoland", the Chicago metro area is the third-largest metropolitan area in the United States with an estimated population of 8.9 million as of 2022.
  • OUTSTANDING LEASE STRUCTURE - Advocate Health is operating under a NNN lease with over five (5.9) years remaining. The lease has three percent (3%) annual rent escalations starting 3/1/2025 and two (2), five (5) year renewal options. The passive nature of the NNN lease offers limited landlord responsibilities.
  • LONGSTANDING SUCCESSFUL OPERATING HISTORY & COMMITMENT TO LOCATION - The Property has operated successfully as a medical office facility at this site for nearly 20 years and has established a loyal customer base. Advocate Health was assigned the lease in February 2023 and extended the lease through February 2029 further demonstrating their commitment to the location.
  • OUTSTANDING DEMOGRAPHICS – The Property benefits from the outstanding demographic environment of Chicago’s affluent suburbs. Within a 5 mile radius of the Property, there are 181,785 residents earning an average HH income of $98,766.

Exclusively Listed By

Toby Scrivner

Senior Vice President      918.794.9554

Jeff Matulis

Senior Vice President      918.794.9525

Christian Vaughan

Vice President      918.794.9544

In Association With
Tom Fritz

Illinois Lic. #471018602


6120 South Yale Ave | Suite 300
Tulsa, Oklahoma 74136