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Skilled Nursing Community Sells in Irving Park
JLL Capital Markets closed the sale of St. Pauls House, a 171-bed skilled nursing and sheltered care community in the North Side’s Irving Park neighborhood. Deal terms weren’t disclosed.
Managing directors Mike Garbers and Cody Tremper of JLL’s seniors housing capital markets team marketed the portfolio on behalf of the seller, Lutheran Life Communities, and procured the buyer, an experienced operator of long-term care facilities in Illinois.
St. Pauls House was originally built in 1921, with the additions of the East Wing in 1956 and the West Wing in 1970. The community’s 55 sheltered care units are studios averaging 227 square feet, and the skilled nursing facility has 96 operational beds.
The 100,000-square-foot community is situated on 2.38 acres at 3800 N. California Ave. in Irving Park. Community amenities include daily housekeeping, chef-prepared meals, life enrichment programming, 24-hour nursing care and a state-of-the-art rehabilitation therapy gymnasium.
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- ◦Sale/Acquisition
