1000 N Neltnor Blvd, West Chicago, IL

Listing agent Connor Shell License #NY 10401317069

Listing office STREAM Capital Partners Show Phone

Listing date May 19, 2025

Source Moodyscre

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Overview

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.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Nail Salon Building Supply Gym & Fitness Center Pharmacy Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

West Chicago

County

DuPage

State

Illinois

Longitude

-88.2031

Latitude

41.902

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FAQs

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.