865 E Geneva Rd Carol Stream, IL 60188
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Healthcare property with long-term tenant in high-income, dense area.
Property size:
2,980 SFLot size:
1.04 AcresProperty Features for 865 E Geneva Rd
General Information
- Size
- 2,980 SF
- Lot size
- 1.04 Acres
Source:
Moodyscre
Listing Agent: Kyle Mackulak
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Medical Clinic in Carol Stream
This property is secured by a long-term net lease, requiring minimal landlord responsibilities, making it suitable for investors seeking dependable income with minimal operating expense risk. The lease includes 2% annual rental escalators. The property is located in Carol Stream, which features a sizable older population, with nearly 16% aged 65 and above, combined with high household incomes. The property is near multiple elementary schools, Jay Stream Middle School, and Hadley Junior High School, serving a combined enrollment of approximately 4,100 students, along with nearby Glenbard North High School with over 2,100 students. It is also close to Wheaton College, which has nearly 3,000 students. The property is near a retail trade area that includes such national brands as Planet Fitness, The Home Depot, Jewel-Osco, Qdoba, Circle K, Caliber Collision, DaVita Dialysis, Goodwill, Wendy’s, Denny’s, and McDonald’s. Within a five-mile radius of the site, the population exceeds 250,000 residents and includes over 90,000 households with an average household income around $125,000. The building has 2,980 square feet and is currently used as an urgent care clinic. Midwest Express Clinic operates approximately 53 locations across Illinois & Indiana.
Location Intelligence
Current Use by Public Records
7-Eleven - CLOSED - Closed
Cafe & Coffee Shop
Midwest Express Clinic
Medical Clinic
Location Insight
- Map
- Local Demand
- City
- Carol Stream
- County
- DuPage
- State
- Illinois
- Longitude
- -88.0941851
- Latitude
- 41.8888077
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FAQs
What type of property is this?
Medical center - Healthcare property with long-term tenant in high-income, dense area.
Where is this medical center located?
The property is located at 865 E Geneva Rd Carol Stream, IL.
What are key features of this property?
This property features: - Long-term NNN lease provides dependable income with minimal landlord responsibilities.; - Annual 2% rental increases offer a hedge against inflation and predictable rent growth.; - Established and growing tenant: Midwest Express Clinic with approximately 53 locations.
