7-Eleven Gas
For Sale
$4,149,709
14 N Elmhurst Rd, Wheeling, IL 60090
Corporate-backed NNN lease with tenant reimbursement of operating expenses and limited landlord obligations.
Property Size3,000 SF
Price / SF$1,383
Days on Market106
Property Features for 14 N Elmhurst Rd
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Auto Service - Gas-Conv
Lease Type
Absolute Net
Net Operating Income
$198,800
Additional Details
Cap Rate
5%
Road Access
Yes
Amenities
Corporate 7-Eleven Lease NNN Structure
7.5% Rent Bumps Every 5 Years + Three 5-Year Options
Hard-Corner Real Estate | Dundee Road & Elmhurst Road
Dense Northwest Suburban Trade Area
Chicago MSA Scale 9.4M+ Residents
O'Hare Access Global Transportation Node
Building Details
Building Size
3,000 SF
Listing Agency:
Deltondo Advisory Group Irvine
Listed By:
Peter Deltondo · License #License(s): CA: 01797033
(949) 419-3200
Source:
Marcusmillichap
Added: Jul 3
Changed: Oct 15
Last Checked: Oct 14 at 7:38PM
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 Deltondo Advisory Group Irvine
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Investment Insights
Based on property information with market context.
This 3,000-square-foot gas station is occupied by 7-Eleven under a corporate-guaranteed NNN lease. The tenant reimburses operating expenses, while the landlord’s responsibilities are limited to the building structure and foundation. Lease economics include 7.5% rent increases every 5 years and three additional 5-year options.
The property occupies a signalized commercial intersection at 14 N Elmhurst Rd in Wheeling, with 222 feet along N. Elmhurst Road and 188 feet along W. Dundee Road. Wheeling Township spans 36 square miles and serves approximately 154,000 residents within Chicago’s northwest suburbs. The property is also positioned within the Chicago-Naperville-Elgin MSA, which recorded a 2024 ACS population of 9,406,920, and benefits from proximity to O’Hare International Airport.
The property occupies a signalized commercial intersection at 14 N Elmhurst Rd in Wheeling, with 222 feet along N. Elmhurst Road and 188 feet along W. Dundee Road. Wheeling Township spans 36 square miles and serves approximately 154,000 residents within Chicago’s northwest suburbs. The property is also positioned within the Chicago-Naperville-Elgin MSA, which recorded a 2024 ACS population of 9,406,920, and benefits from proximity to O’Hare International Airport.
Key Highlights
- 3,000‑square‑foot 7‑Eleven gas station
- Corporate‑guaranteed NNN lease structure
- 7.5% rent increases every 5 years
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
630
Businesses Nearby
Explore this area
Business Placement
Demographics for 60090, IL
39,017
Population
15,960
Households
2.4
Avg Household Size
39
Median Age
40%
College-Educated
88%
High-School Grad
9.0 sq mi
ZIP Area
4,335
Density / Sq Mi
$83,449
Median Household Income
$45,436
Median Earnings
$1,578
Median Rent
$243,500
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Gas station - Corporate-backed NNN lease with tenant reimbursement of operating expenses and limited landlord obligations.
Where is this gas station located?
The property is located at 14 N Elmhurst Rd Wheeling, IL.
What is the asking price?
The asking price for this property is $4,149,709.
What are key features of this property?
This property features: 3,000‑square‑foot 7‑Eleven gas station; Corporate‑guaranteed NNN lease structure; 7.5% rent increases every 5 years
