MEDPROPERTIES GROUP ANNOUNCES THE SALE OF ITS MEDICAL OFFICE PROPERTY IN OAK LAWN, ILLINOIS
May 1, 2011
MedProperties Group has sold its Oak Lawn Medical Center, located at 10837 South Cicero, a short distance from Advocate Health Care’s flagship Christ Hospital. MedProperties Group completed the development of this property in 2007. Over twenty offers were received, with a majority coming from buyers outside of Illinois, demonstrating that the market for a newer Class A medical building is national in scope.