Medical Center with NNN
New
For Sale
$1,924,386
855-865 E Geneva Road, Carol Stream, IL 60188
Long-term lease terms reduce landlord operating responsibilities while providing annual rent escalations.
Property Size2,980 SF
Days on Market3
Property Features for 855-865 E Geneva Road
General Information
Standard status
Active
Size
2,980 SF
Property subtype
Commercial
Occupancy
100%
Lease Term
±8.17 YRS
Net Operating Income
$139,518
Additional Details
Cap Rate
7.78%
Building Details
Building Size
2,980 SF
Tenancy
Single
Listing Agency:
Matthews Real Estate Investment Services
(310) 919-5835
Listed By:
Kyle Mackulak · License #02055597 (CA)
(310) 919-5835
Source:
Matthews
Added: Aug 8
Changed: Aug 9
Last Checked: Aug 9 at 11:32AM
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 Matthews Real Estate Investment Services
Investment Insights
Based on property information with market context.
The medical center at 855-865 E Geneva Road is subject to a long-term NNN lease, with minimal landlord responsibilities and 2% annual rental increases. The facility is occupied by Midwest Express Clinic, an urgent care operator with approximately 53 locations across Illinois and Indiana and more than a decade of operating history.
The property is situated near multiple schools, including Jay Stream Middle School, Hadley Junior High School, and Glenbard North High School, as well as Wheaton College. Nearby retail and service-oriented businesses include 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, the population exceeds 250,000 residents and includes more than 90,000 households, with average household income around $125,000. The surrounding area also includes approximately 4,100 students across nearby elementary and middle schools, over 2,100 students at Glenbard North High School, and nearly 3,000 students at Wheaton College.
The property is situated near multiple schools, including Jay Stream Middle School, Hadley Junior High School, and Glenbard North High School, as well as Wheaton College. Nearby retail and service-oriented businesses include 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, the population exceeds 250,000 residents and includes more than 90,000 households, with average household income around $125,000. The surrounding area also includes approximately 4,100 students across nearby elementary and middle schools, over 2,100 students at Glenbard North High School, and nearly 3,000 students at Wheaton College.
Key Highlights
- Long‑term NNN lease with minimal landlord responsibilities
- 2% annual rental increases built into the lease
- Midwest Express Clinic operates approximately 53 locations across Illinois and Indiana
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
657
Businesses Nearby
Explore this area
Business Placement
Demographics for 60188, IL
43,053
Population
15,710
Households
2.7
Avg Household Size
39
Median Age
44%
College-Educated
90%
High-School Grad
10.1 sq mi
ZIP Area
4,263
Density / Sq Mi
$107,560
Median Household Income
$47,343
Median Earnings
$1,465
Median Rent
$311,600
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Medical center - Long-term lease terms reduce landlord operating responsibilities while providing annual rent escalations.
Where is this medical center located?
The property is located at 855-865 E Geneva Road Carol Stream, IL.
What is the asking price?
The asking price for this property is $1,924,386.
What are key features of this property?
This property features: Long‑term NNN lease with minimal landlord responsibilities; 2% annual rental increases built into the lease; Midwest Express Clinic operates approximately 53 locations across Illinois and Indiana
