Chicago, IL (July 22nd, 2021) – Quantum Real Estate Advisors, Inc. has brokered the sale of a single-tenant OBGYN clinic located at 7000 County Line Road, Burr Ridge, IL. The property sold for $3,436,462. The property, a former bank branch was recently redeveloped into a state-of-the-art OBGYN clinic for a successful local doctor. The Seller was a Chicago-based developer. The buyer was an East Coast-based investment fund. Zack Hilgendorf, Executive Vice President and Dan Waszak, Executive Vice President of Quantum Real Estate Advisors, Inc., represented the Seller in the transaction.
Mr. Hilgendorf had the following comments regarding the transaction, “This acquisition shows the strong demand for high-quality medical office properties. Both the tenant and developer invested significantly in the property, showing the commitment to this location.” Mr. Waszak added, “There is no doubt this tenant will have success at this location. It also highlights the growing shift for medical operators out of large hospital campuses and into smaller, more accessible ‘off-campus’ locations.”
Quantum Real Estate Advisors, Inc. (www.QREAdvisors.com) specializes in investment sales brokerage, assisting clients in the acquisition and disposition of commercial real estate. Quantum has the capacity through strategic alliances to offer full-service leasing brokerage, receivership, management, and financing.