Land Sale Approved For New Medical Center in Humboldt Park

April 18, 2018

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A new $3.6 million dialysis center will be built in Humboldt Park through a City-owned land sale introduced today to City Council by Mayor Rahm Emanuel.

The 10,450-square-foot facility will be built on .75 acres of vacant land at 408-18 N. Homan Ave., which will be sold to Clark Street Real Estate LLC for its appraised value of $110,000. The single-story building will be leased to DaVita Inc., one of the largest kidney care providers in the country, which will relocate from a smaller location nearby. The project will generate and retain 43 jobs.

The site was formerly used for industrial purposes. Approximately $83,000 in sale proceeds will be placed in escrow and used by the developer for onsite environmental remediation work.

 

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