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6701-6709 N Northwest Hwy
Chicago, IL 60631 Edison Park

$10,407,000 USD

Daycare Center For Sale  •  18,200 SF

Property Details

  • Property Type Daycare Center
  • Total Building Size 18,200 SF
  • Lot Size 0.26 AC
  • Building Class C
  • Year Built 2009
  • Cap Rate 7.00 %
  • Tenancy Multiple
  • Zoning B3-2
47 Transit Score
89 Walk Score

Highlights

20-year BrightPath lease featuring 10% rental increases every 5 years
Full corporate guaranty from BrightPath’s parent company – Busy Bees
Strong early enrollments (speak with Agent for more details)
Mixed-use property with three leased apartment units providing landlord with additional income
Given the mixed-use designation, the property is assessed at 10% of its fair market value versus 25% for a traditional retail property
Dense residential trade area – 169,641 residents within a 3-mile radius of the subject property

Property Flyers

Cap Rate: 7.00 %

Amenities

  • Bus Line
  • Signage
  • Signalized Intersection

Public Transportation

Commuter RailDriveWalkDistance
Edison Park Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) 2 min 3 min 0.2 mi
Park Ridge Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) 3 min 20 min 1.1 mi
Transit/SubwayDriveWalkDistance
Edison Park Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) 2 min 3 min 0.2 mi
Park Ridge Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) 3 min 20 min 1.1 mi
AirportDriveWalkDistance
Chicago O'Hare International 12 min - 5.9 mi
Chicago Midway International 32 min - 17.2 mi

Parking Details

Parking Available: Yes
Reserved: Yes
Spaces Provided: 4
Type: Reserved
Included in Rent: Yes
Ben Udell 847-345-2827 CPP CRE ILLINOIS, LLC
Ben Udell 847-345-2827 CPP CRE ILLINOIS, LLC