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Medical Office Building Near Chicago Sells for Close to $60 Million

Price for Three-Story Building in Burr Ridge, Illinois, Stands Out Amid Sluggish US Transaction Activity

A medical office building at 6800 N. Frontage Road in Burr Ridge, Illinois, has sold for almost $60 million. (CoStar)
A medical office building at 6800 N. Frontage Road in Burr Ridge, Illinois, has sold for almost $60 million. (CoStar)

A real estate investment trust has paid almost $60 million for a medical office building near Chicago, a high-priced deal that comes amid sluggish demand for traditional office buildings throughout the country.

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