Highlights
•Corporate-Backed Lease | Tenant: Northwestern Memorial HealthCare, consistently Illinois’ #1 hospital (U.S. News, 2024–2025). •Top-Ranked Hospital | Lake Forest Hospital: #50 Pulmonary & Lung Surgery, 800+ board-certified physicians. •Recession-Resistant | Senior population growing 70% by 2040, driving healthcare demand. •Modern Build-to-Suit | 2021 construction with full warranties. •Additional Income | Tenant reimburses insurance/maintenance with 15% admin fee. •Prime Location | Across from Gurnee Mills Mall with ~200 major retailers.
Description
NNN Pro is proud to present the exclusive listing for a Northwestern Medicine property at 6155 W Grand Ave, Gurnee, IL 60031. The site features approximately 26,270 rentable square feet on a 2.29-acre lot. The property is leased under a 15-year Double Net (NN) lease that began on 7/12/2021, with current annual rent of $1,118,649 and scheduled 1% annual increases.
Listing Details
- Cap Rate
5.25%
- Tenancy
Single
- Space Type
office
- Sub Category
medical
- Date Listed
10/28/2025
- Investment Type
Net Lease
- Net Operating Income
$1,136,903
Property Specifics
- Property Name
Northwestern Medicine
- No of Buildings
1
- No of Units
1
- Year Built
2020
- Building Size
26,270 SF
- Lot Size
2.29 AC

