208 S Hale St
Wheaton, IL 60187
Egg Harbor Cafe | Downtown Wheaton · Retail Property For Sale

Long-term Lease There is a long-term lease in place with Egg Harbor Cafe, who recently signed an early 10-year lease renewal, indicating their historical success and long-term commitment to this location. Future Upside Potential The portfolio includes a total of three individual parcels, Egg Harbor Cafe, which has 11.5 years remaining on their lease, which is currently paying under market rent, and two separately parceled parking lots, which are a rare amenity for downtown Wheaton. Major Metra Station The Wheaton (UP-W line) train station is less than one block west of the property, where an estimated 1,500 passengers board each weekday. Ranked 1! Best Place To Live In Illinois Wheat is ranked as Illinois #1 “Best Place to Live” by Money Magazine in 2019. The magazine also ranked Wheaton as #27 Best Place to Live in the country. Wheaton College is a 5-minute walk away and consistently ranked one of the top private colleges in the county. Affluent Western Suburb There are 107,100 residents earning an abundant $131,000 average income within 3 miles of the property. Strong Rent Increases Egg Harbor features a 2% annual increase during the primary term and option periods. Largest MSA In The Midwest The property is approximately 30 miles west of downtown Chicago. Chicago MSA is the third largest metropolitan area in the country with 9.9 million people.