The Landing on Dundee | Operating Assisted Living Facility
Listing Contacts
License: IL IL 475147713
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156 W Dundee Rd, Wheeling, IL 60090
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INTELLIGENCEMarketing Description
Bid Deadline: June 12 - 5:00 p.m. (CT)
On-Site Inspections: By Appointment Only
The Landing on Dundee is a 100- unit, fully operational assisted living and memory care community. Built in 2019, this 86,789± SF, five-story property is designed to accommodate a range of resident needs with apartment-style living for assisted living residents and four unique floor plans for memory care, each featuring modern furnishings and upscale amenities that enhance comfort, well-being and daily convenience.
Zoned MXT and boasting an 80% occupancy rate, this sale presents a turnkey opportunity to acquire a well-established senior living community in a high-demand market. Its modern construction, premium amenities and strategic location make it a compelling investment for those looking to enter or expand in the senior living sector in the Chicago area. The Landing on Dundee offers immediate income potential and long-term stability.
Wheeling, Illinois, offers a variety of healthcare and senior care services, reflecting its commitment to supporting its aging population. The average monthly cost for assisted living in Wheeling is approximately $6,059, which is higher than the Illinois median of $5,225 (per US News Health report).
Located approximately 23 miles northwest of downtown Chicago, this village has a population of 39,137 residents. Well-connected via major thoroughfares, including Lake Cook Road, the area provides convenient access to various northern suburbs as well as nearby commercial and recreational areas. Wheeling’s strategic location and infrastructure make it an attractive place for both residents and businesses.
Hilco Real Estate, LLC in cooperation with Jeff Azuse, IL Broker, Lic. #471.011086.
Investment Highlights
Fully staffed facility with 80% occupancy
Located on major thoroughfares of W. Dundee Rd. & N. Milwaukee Ave. with convenient access to I-294 & I-94
Nearby numerous hospitals & healthcare providers
On-site amenities include: beauty salon, coffee shop, fitness center, movie theater, laundry services, in-house therapy services & specialty medical care
Unit Breakdown
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Memory Care Units
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Studio – Private - 27
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Studio – Semi-Private - 6
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Assisted Living Units
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Studio - 8
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One Bedroom - 54
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Two Bedroom - 5
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Listing Contacts
- License: IL IL 475147713
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