West Chicago Retail NNN
For Sale
Contact for pricing
1000 N Neltnor Blvd, West Chicago, IL
Corporate leased retail property in Chicago MSA with scheduled rent increases.
Property Size3,530 SF
Lot Size2.37 Acres
Price / SF$782.38
Days on Market439
Property Features for 1000 N Neltnor Blvd
General Information
Standard status
Active
Size
3,530 SF
Lot size
2.37 Acres
Property subtype
RETAIL
Listing Agency:
STREAM Capital Partners
(407) 913-9009
Listed By:
Connor Shell · License #NY 10401317069
Source:
Moodyscre
Added: May 19, 2025
Changed: Jul 6
Last Checked: Jul 21 at 3:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of STREAM Capital Partners
Investment Insights
Based on property information with market context.
This property features a new 10-year corporate lease with Heartland Dental, a large DSO organization in the U.S. with over 1,800 dental offices across 38 states and $1.2 billion in 2022 revenue. The lease structure is an absolute NNN lease, making the tenant responsible for all maintenance, including the roof, structure, and parking lot, providing completely passive ownership. The lease includes scheduled rent increases of 10% every five years, including option periods. Heartland Dental recently renovated the former bank branch to their specifications. The property is located on IL-59 (Neltnor Blvd), a major North/South thoroughfare with a traffic volume of 29,666 vehicles per day, connecting to IL-64, a major East/West road with a traffic volume of 34,880 vehicles per day running to downtown Chicago. The property is situated in West Chicago, within the Chicago MSA, and benefits from an affluent customer base, with average household incomes of $130,000 within a 1-mile radius. The property size is 3,530 square feet.
Key Highlights
- New 10‑year Absolute NNN Lease with Heartland Dental: Enjoy completely passive ownership.
- Strong Tenant: Leased to Heartland Dental, the largest DSO in the U.S., with substantial revenue.
- Scheduled Rent Increases: Lease includes 10% rental increases every five years, including option periods.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
513
Businesses Nearby
86k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 73%
Shops & Services 21%
Home Improvements & Furnishings 4%
Electronics 2%
McDonald's
Dining
24,518 visits/mo
0.3 miles
Burger King
Dining
7,750 visits/mo
0.4 miles
Dunkin' Donuts
Dining
7,473 visits/mo
0.3 miles
Yolk
Dining
5,994 visits/mo
0.1 miles
Citgo
Shops & Services
5,628 visits/mo
0.2 miles
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Bank - Corporate leased retail property in Chicago MSA with scheduled rent increases.
Where is this bank located?
The property is located at 1000 N Neltnor Blvd West Chicago, IL.
What is the asking price?
The asking price for this property is $2,761,800.
What are key features of this property?
This property features: New 10‑year Absolute NNN Lease with Heartland Dental: Enjoy completely passive ownership.; Strong Tenant: Leased to Heartland Dental, the largest DSO in the U.S., with substantial revenue.; Scheduled Rent Increases: Lease includes 10% rental increases every five years, including option periods.
