The former Rainbow Beach Nursing Center building complex in Chicago’s South Shore is now available for purchase. As a previous assisted care facility, 7325 S. Exchange Avenue is medical-service ready to host various clinical, surgical, and pharmaceutical programs and needs. The current owners have entrusted the Chicago commercial real estate division at Pearson Realty Group to handle the listing, marketing, and selling of this attractive Chicago commercial healthcare services building. Read below for pricing details and photos.
RAINBOW BEACH NURSING CENTER COMPLEX
As a former assisted care facility, Rainbow Beach Nursing Center, 7325 S. Exchange has the infrastructure and potential to provide excellent healthcare services for the neighborhood. The first floor includes a spacious reception area, staff offices, a main dining room with a large kitchen featuring walk-in coolers, two resident dining areas, outdoor activity spaces, an expansive rooftop deck, and two large parking lots accommodating up to 50 cars.
7325 S Exchange Ave comprises a substantial 5-story building and multiple connected single-story buildings that provide 93 spacious resident rooms across approximately 66,000 square feet. This sprawling complex is a prime location for a neighborhood medical services center, offering convenient access to I-90, CTA bus stops, and the Orange Line South Shore station, with nearby scenic parks Rainbow Beach Park and South Shore Beach. After the proper market research from our commercial real estate team, the former Rainbow Beach Nursing Center is listed at $4,900,000. See here for more property details and see below for more photos of this Chicago commercial healthcare building.
PEARSON COMMERICAL REAL ESTATE SERVICES
The project at 7325 S Exchange marks another proud listing for the Pearson Realty Group’s commercial real estate division that gives us a new opportunity to positively transform another nook of the Chicago landscape. With help from our sister company PRG Management, we were able to provide unique guidance in the initial stages of the project, from first inspections and repairs to hitting the market hot and ready to go. Our years of experience in dealing with commercial projects and receivership assignments allow us to give owners and investors confidence that we understand how to competitively list a property, get you top dollar, and ensure a smooth process through every step of the transaction.
In addition to our detailed marketing, a large network of contacts, and experienced agents, we offer additional services like accurate property valuations and guidance on local regulations to help our commercial clients confidently navigate the buying or selling process. From large medical facilities to smaller office spaces, our Chicago commercial real estate team is here to help at every step of the journey. For assistance navigating the commercial sales process or if you’re simply curious about your buying power in this market, contact us today or fill out the form below to get started!
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