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Darryl E. Freling Of MedProperties Realty Advisors Acquires Millennium Medical Center In Chicago Ridge
SOLD
Illinois
See Similar DealsMedical Office41,540 SF
Sold 07/29/2025
SOLD
Darryl E. Freling Of MedProperties Realty Advisors Acquires Millennium Medical Center In Chicago Ridge
10604 Southwest Highway
See Similar DealsMedical Office41,540 SF
Sold 07/29/2025
Summary
ILLINOIS
Asset Type:Medical Office
Price Per Square Foot:$0
Total Square Footage:41,540 SF
Transaction Type:Sale
The property asset involved in this transaction is the Millennium Medical Center, located at 10604 Southwest Highway in Chicago Ridge. This medical office building, completed in 2018, has a total square footage of 41,540 and is anchored by a US Oncology affiliate.
Summary of transaction details:
- Property Type: Medical Office
- Transaction Amount: Not specified
- Buyer: Darryl E. Freling
- Buyer’s Company: MedProperties Realty Advisors
- Lender: Old National Bank
Darryl E. Freling from MedProperties Realty Advisors has successfully acquired the property from its original physician developers, with the acquisition financed by Old National Bank.
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Operating Income
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Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
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Annual Debt Service$0.00
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