Senior Housing and Assisted Living Facilities for Sale in Illinois

Haven Senior Investments is proud to introduce a Memory Care business and portfolio.

VALUE HIGHLIGHTS:

• Fully occupied community producing over $525,000 NOI.
• Solid need for memory care in the local market as evidenced by NIC Map/Vision data.
• Profit margin is currently running under 20%, providing an opportunity for operational improvement.
• Resident Manager/Director oversees operations at each location for turn-key operation.
• Maintains an outstanding reputation in the industry.

To receive an Offering Memorandum please sign the following Non-Disclosure Agreement.

ID#013716   Approximate Beds/Units: 29AL & 32 IL    Location: Sterling

Another firm is pleased to introduce a 29-bed Sheltered Care and 32-unit Independent Living Facility. The facility is 90% occupied. The site is improved with a steel frame, brick veneer, and is masonry-sided.  The facility is a 17-bed Sheltered Care and 32-unit Independent Living Facility. The gross building area is 46,517±SF and was reportedly built in 1979. The 1,200±SF basement area is used for laundry, storage, and mechanicals. There are 49 units in 49 rooms. There is a three-stop 3,500 lb hydraulic elevator. There are a total of 49 independent and sheltered living units. The independent living units are divided into one or two bedrooms a living area, a kitchen, and one bathroom with a shower. The sheltered care units are private or semi-private and each includes a bathroom with a shower only. The first floor of the building contains 23,517±SF  divided into 17 sheltered care rooms, office areas, a dining room, common washrooms, a nurse’s station, a kitchen, an employees lounge, mechanical areas, and a 14-stall enclosed garage. The second floor of the building contains 11,500±SF and is divided into 16 independent apartment units, corridors, an elevator lobby, two laundry rooms, and mechanical areas. The third floor of the building contains 11,500±SF and is divided into 16 independent apartment units, corridors, an elevator lobby, two laundry rooms, and mechanical areas. The gross building area including the basement is 47,717±SF.

ID#013715   Approximate Beds/Units:   150    Location:   Olympia Fields

Another firm is pleased to introduce an 85,000 SF Health Care Building in Olympia Fields.  EXECUTIVE SUMMARY: Historic building with short commutes and easy access to Chicago and the suburbs including N.W. Indiana’s population of 750,000 and +.22 acres of land for your development needs. There are two major hospital networks in the immediate area.
PROPERTY FACTS:

Lot Size: 22.00 AC

Price Per Bed: $36,667

Sale Type:  Investment or Owner User

No. Beds: 150Property Type: Health Care

No. Stories 2

Property Subtype: Assisted Living

Year Built: 1955

Building Class: B

ID#013714   Approximate Bed/Units:  TBD    Location:  Adams County, Suburban Central Illinois

Another firm is pleased to introduce a lovely twenty-year-old retirement and assisted living facility, on 7 acres in suburban central Illinois, providing residential care for seniors with excellent reviews. The facility is adaptable for smaller group homes. The business is consistently profitable and cash flows from the purchase of the real estate. There is room on the property for expansion to increase residential capacity by 25% or more. The facility opened in 2002 with the first 4,200 sq ft building containing 8 units. Three additional buildings have been added, two with lower levels and additional apartments. The facility has developed an excellent reputation and has been consistently full.