CBRE has arranged the sale of the 11 Salt Creek Medical Building, a medical outpatient property located at 11 Salt Creek Lane in Hinsdale, Illinois. The asset totals 39,627 square feet and serves as a dedicated medical facility within the suburban Chicago healthcare landscape. The building is described as recently renovated, indicating that capital has been invested into modernizing the property to meet current medical office standards.
CBRE U.S. Healthcare Capital Markets led the advisory team on the transaction, with Chris Bodnar, Brannan Knott, Zack Holderman, Anthony Sardo, Cole Reethof, and Jesse Greshin working on behalf of the seller, MedProperties Group. They were joined by Michael Kaider of CBRE’s National Retail Partners – Midwest group. Together, these professionals acted as exclusive advisors to MedProperties Group, coordinating the sale process for the single-asset medical office building. The involvement of both healthcare capital markets specialists and a retail-focused partner underscores the cross-disciplinary nature of the assignment.
The 11 Salt Creek Medical Building is fully leased to UChicago Medicine AdventHealth, which occupies the property on a long-term triple-net basis. UChicago Medicine AdventHealth is identified as a joint venture between UChicago Medicine and AdventHealth, two health systems with investment-grade credit profiles. The long-term NNN lease structure places responsibility for many operating expenses on the tenant, which is a typical feature that can be attractive to investors seeking predictable cash flow and limited landlord obligations.
The property has seen recent tenant expansion activity, with the health system increasing its presence at the building in 2025. According to the information provided, UChicago Medicine AdventHealth expanded its footprint by 35% that year to take over the entire second floor. This expansion brought the building to full occupancy and further concentrated the tenancy with a single, investment-grade healthcare operator. The building’s role as a fully leased, single-tenant medical office asset is thus firmly established by the current lease profile.
In addition to its leasing fundamentals, the 11 Salt Creek Medical Building benefits from regional connectivity. The property is accessible via I-294 and Highway 34, providing convenient access for patients, providers, and staff traveling to the Hinsdale location. This transportation connectivity, combined with its recent renovations and long-term tenancy, frames the asset as a stabilized medical office property at the time of sale. Although the buyer, pricing, and other financial terms were not disclosed, the advisory team structure and tenant profile highlight the building’s position within the broader medical office investment market in suburban Chicago.
