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3000 North Halsted Street

Amer Kasm Of IRA Capital Acquires Medical Office From Peter Scott For $56 Million In Chicago
SOLDMedical Office

Amer Kasm Of IRA Capital Acquires Medical Office From Peter Scott For $56 Million In Chicago

3000 North Halsted Street

$56,000,000

Building Size

Asset Type

Medical Office

Closing

Jan 22, 2026

AI

A medical office asset located at 3000 North Halsted Street in Chicago’s Lakeview neighborhood has been sold for $56 million. The property operates under a ground lease with Advocate Health Care and is classified as a medical office type asset.

Summary of transaction details:

  • Property Type: Medical Office
  • Transaction Amount: $56,000,000
  • Buyer: Amer Kasm - IRA Capital
  • Seller: Peter Scott - Healthcare Realty Trust

The transaction illustrates a growing interest in medical office properties as a reliable investment option. Amer Kasm represented IRA Capital in this acquisition, while Peter Scott represented Healthcare Realty Trust in the sale.

Players

IRA Capital
IRA CapitalBuyer

Chicago Medical Office Market Snapshot

Boundary boundary · Medical Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.28%

Cash-on-Cash

-0.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93