CCN 145235 · Cook County, Illinois
Lakefront Nursing & Rehab Ctr
7618 North Sheridan Road, Chicago, IL 60626
Lakefront Nursing & Rehab Ctr is a 99-bed for-profit nursing home in Chicago, Illinois, first certified for Medicare or Medicaid in 1972. CMS rates it 4 out of 5 stars overall in its September 2026 data, and it averaged 91.5 residents a day, about 92% of its certified beds. It has an active FHA-insured Section 232 loan: $7.1 million originally, at 4.42%, with $6.1 million outstanding as of September 30, 2026 and maturity in March 2049.
Facility facts
- Certified beds
- 99
- Average residents per day
- 91.5 (92.4% of beds)
- Ownership type
- For profit - Limited Liability company
- Certification
- Medicare and Medicaid
- Legal business name
- Lakefront Skilled Nursing Facility LLC
- Certified since
- Feb 1, 1972
- Chain or affiliated group
- Legacy Healthcare (95 facilities, chain average 2.9 stars)
- Location
- Urban
Ratings and staffing
Star ratings run from 1 to 5. Staffing is nurse hours per resident per day from CMS Payroll Based Journal data; turnover is the CMS annual nursing staff turnover rate. Occupancy is CMS's average daily census divided by certified beds.
| Measure | This facility | Illinois median | US median |
|---|---|---|---|
| Overall rating | 4 of 5 | State spread: 245 at 1, 112 at 2, 103 at 3, 108 at 4, 93 at 5 | |
| Health inspections | 4 of 5 | ||
| Quality measures | 4 of 5 | ||
| Staffing | 3 of 5 | ||
| Total nurse hours per resident per day | 2.45 | 3.29 | 3.68 |
| RN hours per resident per day | 0.91 | 0.61 | 0.58 |
| Weekend nurse hours per resident per day | 2.35 | ||
| Nursing staff turnover | 7.7% | 43.4% | 44.9% |
| Occupancy (residents / beds) | 92.4% | 76.8% | 85.7% |
| Fines reported by CMS | 1 totaling $13,729 | ||
| Health deficiencies, latest standard survey | 8 (May 1, 2025) | ||
HUD 223(f) Express Lane: the CMS part
HUD gives 223(f) applications queue priority when the facility has CMS overall and health inspection ratings of at least 2 stars and no abuse icon, among other tests (ORCF criteria of March 31, 2026). Lakefront Nursing & Rehab Ctr meets that part today: 4 stars overall, 4 on health inspections, no abuse icon. The loan-to-value, coverage and operator tests depend on the deal. All the criteria.
Who owns and operates it
These are the owners and operators the facility reported to CMS: anyone with a 5% or greater direct or indirect stake, and any organization with operational or managerial control.
| Name | Role | Share | Since |
|---|---|---|---|
| Doros Generation Trust U/a/D 1/3/12Organization | Direct Ownership Interest | 50% | 05/03/2017 |
| Gpn Family Trust U/a/D 4/28/08Organization | Direct Ownership Interest | 50% | 05/03/2017 |
| Lakefront Property Holdings, LLCOrganization | Security Interest | n/a | 11/06/2015 |
| Vnb New York LLCOrganization | Security Interest | n/a | 03/07/2015 |
| Legacy Healthcare Financial Services LLCOrganization | Operational / Managerial Control | n/a | 11/06/2015 |
| Vnb New York LLCOrganization | Operational / Managerial Control | n/a | 03/07/2025 |
| Rizvani, BetimIndividual | Operational / Managerial Control | n/a | 05/30/2022 |
| Ryabov, YakovIndividual | Operational / Managerial Control | n/a | 11/06/2015 |
| Shabat, MenachemIndividual | Operational / Managerial Control | n/a | 05/03/2017 |
Changes of ownership
No change of ownership for this facility appears in the CMS change-of-ownership file, which starts in January 2016.
HUD Section 232 loans
HUD's Office of Healthcare Programs lists these FHA-insured loans for a project we matched to this facility by name, city and bed count. Status, rate and balance come from HUD's insured-mortgage files as of September 30, 2026. Check the FHA number against the loan documents before relying on the match.
| Endorsed | Program | Original amount | Status | FHA number |
|---|---|---|---|---|
| Feb 13, 2019 | 223(f) refinance or purchaseHUD project name: Cascade Legacy - Lakefront Nursing & Rehab Center, 99 beds. Lender at endorsement: Housing & Healthcare Finc | $7,120,000 | Active: 4.42%, $6,107,038 balanceMatures Mar 1, 2049. Servicer: Newpoint Real Estate Capital | 07122402 |
Sources and dates
Facility, rating, staffing and ownership data: CMS Provider Information and CMS Ownership, processing date September 2026. Private equity, REIT and mortgage-interest flags and changes of ownership: CMS Skilled Nursing Facility All Owners and Change of Ownership files (2026-10-01). FHA-insured loans: HUD Office of Healthcare Programs endorsement database, data run July 8, 2026. How we join them, and what the join can get wrong: methodology.
SNF Register is independent. It is not affiliated with or endorsed by CMS, HUD or FHA. Spotted an error? Write to hello@hudskillednursing.loan.