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33832399
33832390

14 N ELMHURST RD, WHEELING, IL 60090

SW
IL IL 471011175
Marcus & Millichap - Chicago Oak Brook
PD
CA CA 01797033
Deltondo Advisory Group Irvine
Marcus & Millichap - Orange County
Listed by Marcus & Millichap - Chicago Oak Brook, Deltondo Advisory Group Irvine, Marcus & Millichap - Orange County
$4,274,201
3 days on market
Updated 2 days ago

Corporate 7-Eleven w/ Gas - Bonus Depreciation Capability

Details
APN 03-03-307-032-0000
Property Type Retail
Sub Type Convenience Store, QSR/Fast Food (+1)
Square Footage 3,000
Units 1
Cap Rate 5%
NOI $213,710
Occupancy 100%
Tenancy Single
Brand/Tenant 7-Eleven
Lease Type NNN
Lease Term 15
Lease Expiration 08/30/2035
Remaining Term 9.2
Rent Bumps Yes
Lease Options Three, 5-Year
Year Built 2020
Acreage 0.730
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 08/31/2020
Ground Lease No
Ownership Fee Simple

Bonus Depreciation Capability

Investment highlights

CORPORATE 7-ELEVEN LEASE NNN STRUCTURE

Corporate-Guaranteed 7-Eleven Lease With Tenant Reimbursing Operating Expenses; Landlord Responsibility Limited To Structure & Foundation

DENSE NORTHWEST SUBURBAN TRADE AREA

Wheeling Township Covers 36 Square Miles And Serves Approximately 154,000 Residents Across Chicago’s Northwest Suburbs

7.5% RENT BUMPS EVERY 5 YEARS + THREE 5-YEAR OPTIONS

Contractual Rent Growth Drives NOI From $198,800 To $285,402 Over The Primary Term — A 43.56% Increase

CHICAGO MSA SCALE 9.4M+ RESIDENTS

Chicago-Naperville-Elgin Is One Of The Nation’s Largest Metropolitan Economies, With A 2024 ACS Population Of 9,406,92

HARD-CORNER REAL ESTATE DUNDEE ROAD & ELMHURST ROAD

Located On A Signalized Commercial Corner With 222’ Of Frontage On N. Elmhurst Road And 188’ Of Frontage On W. Dundee Road

O’HARE ACCESS GLOBAL TRANSPORTATION NODE

Wheeling Benefits From Proximity To O’Hare International Airport, Which Served More Than 84.8M Passengers In 2025 And Remains One Of The World’s Busiest Aviation Hubs

Listing Contacts

SW
IL IL 471011175
Marcus & Millichap - Chicago Oak Brook
PD
CA CA 01797033
Deltondo Advisory Group Irvine
Marcus & Millichap - Orange County
Listed by Marcus & Millichap - Chicago Oak Brook, Deltondo Advisory Group Irvine, Marcus & Millichap - Orange County

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$213,710.00
$17,809.17/mo

Valuation Metrics

0
DSCR
5%
Cap Rate
5%
ROI

Map

Zoning

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B-3 CommercialGeneral CommercialGeneral Commercial And Office
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Last updated Jun 1, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Steven Weinstock
License
IL 471.011175
Title
Broker of Record
Name
Steven Weinstock
License
IL 471011175
Brokerage
Marcus & Millichap
Title
Managing Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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