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
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