Medical-Anchored Strip Center For
2830 S Highland Ave, Lombard, IL 60148
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Medical-anchored strip center with long-term leases in Lombard, Illinois.
Type:Office, Retail
Property size:
21,071 SF- Added:
- Mar 10, 2026
- Days on Market:
- 64
- Last Refresh:
- Mar 19 at 10:24 pm
Property Features for 2830 S Highland Ave
General Information
- Standard status
- Active
- Size
- 21,071 SF
- Property subtype
- Office, Retail
Building Details
- Year Built
- 2003
Listing agent Mohsin Mirza License #IL 475.189943
Listing office JLL Chicago | Americas Headquarters (312) 782-5800
Listing date Mar 10, 2026
Source Crexi
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 JLL Chicago | Americas Headquarters
HighLights
- 100% leased to high‑quality tenants including Duly Health & Care and Midwest Orthopaedics at Rush, providing stable income.
- Weighted average lease term of ±12.3 years offers long‑term, secure cash flow.
- NNN leases with contractual rent growth minimize landlord responsibilities and increase income.
- Recent $2.6 million in capital improvements, including a new 20‑year warranted roof and parking lot resurfacing, reduce near‑term capital expenditure risk.
- Located in a high‑income area of DuPage County with strong demographics (average household income exceeding $131,000).
- Tenants recently relocated to this property due to its superior access, visibility, and expansion opportunities, indicating a strong location.
Overview
Located at 2830 S. Highland Avenue in Lombard, Illinois, this medical-anchored strip center offers 21,071 square feet of retail and medical office space within the Chicago MSA. The property is fully leased to tenants including Duly Health & Care, Midwest Orthopaedics at Rush, and Potbelly Sandwich Works. The weighted average lease term is approximately 12.3 years, with contractual rent growth including annual increases of 2.75% for Duly and MOR, and 10% escalations every five years for Potbelly. All tenants operate under NNN leases, with landlord responsibilities limited to roof, structure, and common area maintenance, which is reimbursed by tenants. Recent capital and lease improvements include a new 20-year warranted roof, full parking lot mill and resurface with 77 spaces, and over $2 million in tenant improvements to deliver medical suites for Duly and MOR. Duly’s build-out features a dermatology and surgical suite. Both MOR and Duly are set to open in 2Q2026, having relocated from nearby locations. The property benefits from access and visibility along Butterfield Rd and I-88. Located in DuPage County, the area features an average household income exceeding $131,000, a million residents, and over 2,400 hospital beds within a 10-mile radius.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Strip malls
Location Insight
- Map
- Local Demand
- City
- Lombard
- County
- DuPage
- State
- Illinois
- Longitude
- -88.0125087
- Latitude
- 41.8358124
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FAQs
What type of property is this?
Strip mall - Medical-anchored strip center with long-term leases in Lombard, Illinois.
Where is this strip mall located?
The property is located at 2830 S Highland Ave Lombard, IL.
What are key features of this property?
This property features: 100% leased to high‑quality tenants including Duly Health & Care and Midwest Orthopaedics at Rush, providing stable income.; **Weighted average lease term of ±12.3 years offers long‑term, secure cash flow.**; NNN leases with contractual rent growth minimize landlord responsibilities and increase income.
