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507 E Illinois Hwy
New Lenox, IL 60451

$840,770 USD

Daycare Center For Sale  •  8,800 SF

Property Details

• Property Type Daycare Center
• Total Building Size 8,800 SF
• Lot Size 1.16 AC
• Building Class C
• Year Built 1992
• Cap Rate 6.75 %
• Tenancy Single
• Zoning Commercial

0 Transit Score

40 Walk Score

Highlights

Exceptional Childcare Tenant – KinderCare Learning Centers is the single-largest for-profit childcare provider in the country with 2,300+ locations.

Early Lease Extension – Lease was subject to a rare 10-year extension from the tenant, further demonstrating their commitment to the location.

Recent Capital Improvements – Roughly $100,000 in capital improvements are being invested into the school for the current operating business.

Low Rent Location – The tenant currently pays approximately $6/SF in rent which allows for a bite-size price point and lower tenant operating costs.

Childcare Supporting Demographics – The subject property is well located within an affluent portion of the Chicago MSA with a $160,000+ average HHI.

Early Education Growth – The US childcare market was valued as a $59.87B industry in 2023 and is anticipated to reach a $73B valuation by 2030.

Cap Rate:

6.75 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
New Lenox Station (Rock Island District Line - Northeast Illinois Regional Commuter Railroad (Metra))	6 min	-	1.9 mi
New Lenox Laraway Road (SouthWest Service - Northeast Illinois Regional Commuter Railroad (Metra))	7 min	-	2.3 mi
Airport	Drive	Walk	Distance
Chicago Midway International	48 min	-	32.7 mi