Illinois micro-market
Healthcare practice financing in Schiller Park, Illinois
Direct answer
30 healthcare providers hold a Schiller Park practice address, 26.5 per 10,000 of its 11,325 residents, 37 percent of them in physical, occupational, and speech therapy. Cook County recorded 122 SBA healthcare approvals worth $56,780,300, and Chicago-Naperville-Elgin, IL-IN sits 13 miles out.
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- Population: 11,325 residents (10K-25K band)1
- Healthcare providers registered here: 30 across 15 fields2
- Median household income: $67,4733
- Largest provider field: Physical, occupational, and speech therapy: 11 registered providers2
- Medicare-certified providers in town: 2 across 2 categories4
- Nearest metro: Chicago-Naperville-Elgin, IL-IN, 13 miles1
Schiller Park clinicians, by field
The NPPES file puts 30 enumerated clinicians inside Schiller Park, spread over 15 fields at 26.5 per 10,000 residents
| Specialty | Enumerated clinicians | Density per 10,000 | Where it comes from |
|---|---|---|---|
| Physical, occupational, and speech therapy | 11 | 9.7 | NPPES [2] |
| DME and HME suppliers | 2 | 1.8 | NPPES [2] |
| Home health | 2 | 1.8 | NPPES [2] |
| Urgent care | 2 | 1.8 | NPPES [2] |
| ABA and autism therapy | 2 | 1.8 | NPPES [2] |
| Med spa and aesthetics | 2 | 1.8 | NPPES [2] |
| Podiatry | 1 | 0.9 | NPPES [2] |
| Primary care and family medicine | 1 | 0.9 | NPPES [2] |
| General dentistry | 1 | 0.9 | NPPES [2] |
| NEMT and ambulance | 1 | 0.9 | NPPES [2] |
| Hospice and palliative | 1 | 0.9 | NPPES [2] |
| Ketamine, TMS, and interventional psychiatry | 1 | 0.9 | NPPES [2] |
| Specialty physician groups | 1 | 0.9 | NPPES [2] |
| Clinical and toxicology labs | 1 | 0.9 | NPPES [2] |
| Telehealth and virtual clinics | 1 | 0.9 | NPPES [2] |
| Medical equipment suppliers | 1 | CMS [4] | |
| Hospice providers | 1 | CMS [4] | |
| Home health agencies | 1 | CMS [4] |
Physical, occupational, and speech therapy carries 11 of the 30 enumerated providers here, and several of them can sit inside one practice. Read the column as clinicians, not owners.
The lending record behind Schiller Park
122 healthcare approvals averaging $465,412 set the deal shape lenders in Cook County have already underwritten
| What it measures | Value | How to read it |
|---|---|---|
| SBA healthcare approvals | 122 | Counted for the fiscal year the SBA publishes [5] |
| Approved dollars | $56,780,300 | Everything approved to healthcare borrowers, added up [5] |
| Average approval | $465,412 | The dollar column over the approval column [5] |
| Lending establishments in the county | 2,528 | Places that write credit locally, NAICS 522 [6] |
The consequence of these numbers
Underwriting starts with 26.5 providers per 10,000 residents, because that ratio caps how fast a chair or a room fills. Because Cook County already carries $56,780,300 across 122 healthcare approvals, a request near that average moves faster than one well above it. Household income of $67,473 in Schiller Park is the number a lender uses to sanity check the self-pay share of a revenue projection.
Where a file from this town usually lands
- Startup and de novo
- Practice acquisition
- Working capital term loan
- Medical receivables factoring
- Equipment financing and leasing
The order comes from Schiller Park's own provider mix, which physical, occupational, and speech therapy dominates at 37 percent. What a partner can actually place in Illinois is a separate question.
Underwriting by field in Schiller Park
What a funder opens first depends on the field. In Schiller Park that means physical, occupational, and speech therapy, dme and hme suppliers, home health.
| Specialty | Read first in underwriting | Why the money is usually needed |
|---|---|---|
| Physical, occupational, and speech therapy (11) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| DME and HME suppliers (2) | Accreditation and surety bond status, Rental versus sale revenue split, Denial rate and documentation quality | Inventory and rental fleet |
| Home health (2) | Medicare certification first, Payer mix second, Days in accounts receivable third | Payroll between visit and remittance |
NPPES supplies the Schiller Park counts. The reading columns describe the field in general, and no partner reviewing a Schiller Park file is bound by them.
How Schiller Park prices against its neighbors
Set Schiller Park's 26.5 per 10,000 against the towns an appraiser would reach for next
| Market | Population | Clinicians | Density per 10,000 | Distance in miles |
|---|---|---|---|---|
| Schiller Park (current) | 11,325 | 30 | 26.5 | |
| Franklin Park | 18,110 | 111 | 61.3 | 2 |
| Norridge | 14,817 | 112 | 75.6 | 2 |
| River Grove | 10,424 | 37 | 35.5 | 3 |
| Bensenville | 18,629 | 118 | 63.3 | 4 |
| Elmwood Park | 23,698 | 127 | 53.6 | 4 |
| Melrose Park | 23,999 | 297 | 123.8 | 4 |
How Schiller Park sits against the nearest metro
Distance to Chicago-Naperville-Elgin, IL-IN is 13 miles. Appraisers borrow Chicago-Naperville-Elgin, IL-IN rents, and the 11,325 residents set the ceiling on collections. At $67,473 median household income, the elective and cash-pay share of a projection is the line that gets tested first. With no hospital in town, a projection has to name where referrals and coverage come from.
More of Illinois
- Franklin Park 18,110 residents
- Norridge 14,817 residents
- River Grove 10,424 residents
- Bensenville 18,629 residents
- Elmwood Park 23,698 residents
- Melrose Park 23,999 residents
Questions from Schiller Park
01How many providers practice in Schiller Park, and in what?
Across 15 fields, Schiller Park carries 30 enumerated clinicians, 26.5 per 10,000 of the 11,325 people living here. The concentration is in physical, occupational, and speech therapy, 11 of the total, then dme and hme suppliers at 2. Count practices from that only with care.
02What does SBA lending look like around Schiller Park?
The county file behind Schiller Park holds 122 healthcare approvals totaling $56,780,300, an average of $465,412. Those are the loan sizes lenders in Cook County have already carried.
03What does Cook County's shortage designation change?
Designated for primary care, dental, mental health, Cook County qualifies its clinicians for federal repayment support. On a file that turns on adding staff, that is the difference between a hiring assumption and a hiring plan.
04How many Medicare-certified providers are based in Schiller Park?
Care Compare lists 2 certified providers with a Schiller Park address. That count is a proxy for how much of the local revenue arrives on a federal payment cycle rather than at the front desk.
05Is Schiller Park underwritten as part of Chicago-Naperville-Elgin, IL-IN?
Comparables and demand split at 13 miles. An appraiser prices the lease and the equipment off Chicago-Naperville-Elgin, IL-IN; the revenue line has to hold up against 11,325 local residents.
06Which fields carry the volume in Schiller Park?
Volume concentrates in physical, occupational, and speech therapy, 11 of them, ahead of dme and hme suppliers at 2, across 15 fields. A thin second field usually means a longer search for staff than a pro forma allows for.
Sources
- 1U.S. Census Bureau, Population Estimates, vintage 2024
- 2CMS NPPES, monthly full replacement file
- 3U.S. Census Bureau, ACS 5-year 2023, table B19013
- 4CMS Care Compare provider datasets
- 5U.S. Small Business Administration, 7(a) and 504 approvals
- 6U.S. Census Bureau, County Business Patterns 2022
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