Property History
Northmarq is pleased to offer for sale a 9-year absolute net leased KinderCare Learning Center located at 507 E Illinois Highway in New Lenox, Illinois. The 8,800 square foot building sits on 1.16 acres and has been occupied by KinderCare since 1992, demonstrating a 34-year operating history at this irreplaceable location within the affluent Chicago MSA southwest suburban corridor.
The property benefits from its strategic position less than one hour from Downtown Chicago, with direct access to Interstate 80, Interstate 355, and U.S. Route 30. The surrounding trade area features average household incomes exceeding $130,000 within three miles, with thirteen elementary feeder schools within a five-mile radius providing a stable pipeline of young families and long-term childcare demand.
Located approximately five miles from the newly developed $70 million Wintrust Crossroads Sports Complex, a 100-acre regional youth athletics and entertainment destination, the property benefits from enhanced long-term consumer traffic, family visibility, and growth throughout the immediate trade area.
- LONG-TERM COMMITMENT TO SITE – 34-YEAR OPERATING HISTORY
- AFFLUENT FAMILY-CENTRIC TRADE AREA
- STRATEGIC CHICAGO MSA LOCATION
- NATIONALLY RECOGNIZED & LARGEST DAYCARE PROVIDER
- PROXIMATE TO TRANSFORMATIONAL $70MM SPORTS COMPLEX
Sands Investment Group is pleased to exclusively offer for sale an 8,800 SF KinderCare located at 507 E Illinois Hwy in New Lenox, IL. This property features a 10-year Triple Net (NNN) Lease with limited landlord responsibilities, providing a reliable and low-maintenance investment opportunity with a strong national tenant in place.
KinderCare is the largest provider of early education and child care, operating more than 2,300 centers nationwide.
10-year Triple Net (NNN) Lease with limited landlord responsibilities.
New Lenox, a suburb of Chicago, is located 30 miles from Chicago O'Hare International Airport (ORD) and less than one hour north of downtown Chicago.
Average household Income of $150,022 and a population of 80,450 residents within a 5-mile radius.
13 elementary feeder schools within a 5-mile radius.
Directly across Illinois Hwy is a 23-acre residential development planned for 200+ homes.
5 miles from Wintrust Crossroads Sports Complex, a $70M project spanning 100 acres and 500 homes east of I-355.
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