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507 E ILLINOIS HWY New Lenox IL 60451-2667

APN 1508224050020000

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Details
Property Type Retail
Sub Type Day Care/Nursery
Building SqFt 8,800
Lot SqFt 44,950
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code C-1
Year Built 1992
Building Count 4
Opportunity Zone No
Lease Rate ******
Lease Type ******
Lease Expiration ******
Mortgage Amount ******

Property History

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Property Type
Property Type
Retail
Property Subtype
Day Care/Nursery
Asking Details
Asking Price
$793,734
Asking Cap Rate
7.15%
Asking NOI
$56,752
Marketing Description

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.​

Investment Highlights
  • ​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
Property Type
Property Type
Retail, Special Purpose
Property Subtype
Day Care/Nursery, School
Marketing Description

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.

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Investment Highlights
  • 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.

Sale Date
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Sold Price
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Buyer Borrower 1 Corp Indicator
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Buyer Borrower 1 Name
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Buyer Borrower 1 Ownership Rights Code
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Buyer Borrower 2 Corp Indicator
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Buyer Borrower 2 Name
******
Mortgage Recording Date
******
Mortgage Maturity Date
******
Mortgage Term
******
Document Number
******
Document Type
******
Mortgage Interest Rate
******
Mortgage Loan Type
******
Mortgage Lender Name
******
Loan Amount
******
Mortgage Construction Loan
******
Mortgage Document Date
******
Resale Flag
******
Sales Price Code
******
Transaction Type
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Mortgage Loan Trans Type
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Seller 1 Name
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Seller 2 Name
******
Sold By
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Sold To
******

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Zoning

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C-1 CommercialNeighborhood CommercialNeighborhood Shopping District
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Last updated Jun 1, 2026 For deeper zoning details, reports are available at Zoneomics

Property Details

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Contacts

Listing removed on
 BY:
SK
Seth Krepistman PRO
LIC: TX 744270
•••.•••.7437
•••••••tman@•••••••.com
Brokerage logo
Listing removed on
 BY:
JM
Jason May
LIC: 02220498
•••.•••.1852
•ason@•••••••.com
Brokerage logo
Listing removed on
 BY:
MF
Max Freedman PRO
LIC: TX 644481 (+2)
•••.•••.2711
max@•••••••.com
Brokerage logo
Listing removed on
 BY:
AA
Andrew Ackerman PRO
LIC: FL #BK3369953 (+3)
•••.•••.0445
•••••rman@•••••••.com
Brokerage logo

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