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7-Eleven Gas Station
For Sale
$4,274,201

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$1,424
Days on Market60

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
Source: Marcusmillichap
Added: Jul 3 Changed: Aug 30 Last Checked: Aug 30 at 5:48PM

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

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.

Key Highlights

  • 3,000‑square‑foot 7‑Eleven gas station
  • Corporate‑guaranteed NNN lease structure
  • 7.5% rent increases every 5 years

Property Analytics

Current Use

PNC Bank ATM Atm Exxon Gas Station Western Union Bank 7-Eleven Grocery & Convenience Store

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Hair Salon Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

630
Businesses Nearby

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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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 $4,274,201.
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
More about this property
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