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Updated 7 days ago on . Most recent reply

User Stats

11
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5
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Patrick Williams
  • Real Estate Investor
  • Berwyn, IL
5
Votes |
11
Posts

Residential Elder Care Home rental

Patrick Williams
  • Real Estate Investor
  • Berwyn, IL
Posted

I have a 2 unit property in the western suburbs that could be well suited to be an elder care home for 3-4 residents. It is currently rented out to standard tenants but I am interested in potentially converting to a care home model. I am assuming making it ADA compliant (wheelchair ramps, etc.) would be a prerequisite. Anyone have any insight on companies/individuals who rent properties for this purpose? Not finding much online but it seems this is a growing niche market nationwide. I've listened to Isabelle Guarino's stuff but am interested in any Chicago area information. Thanks!

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