JLL Income Property Trust buys net-leased Advocate Outpatient Center in Naperville for $16M

JLL Income Property Trust has acquired Naperville Medical Center, a newly converted single-story medical outpatient building in Naperville, Illinois, for approximately $16.3 million.

Naperville Medical Center is 39,500 square feet and 100% occupied by a single tenant, one of the largest nonprofit health systems in the Midwest and Southeastern United States. Converted to a medical outpatient facility in 2020, the property provides medical services including general surgery, primary care, physical therapy, and cardiology.

LaSalle Investment Management
Greg Falk | Managing Director, CFO of JLLIPT

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