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50 Mitchell Rd
North Aurora, IL 60542
Cadence Academy - North Aurora, IL · Retail Property For Sale
Investment Highlights
- Cadence Education is one of the largest private childcare providers in the United States, with 30+ years of operating history.
- ~15 years remaining on the lease with favorable 2% annual rent escalators.
- 14 elementary feeder schools within a 5-mile radius.
- North Aurora, a suburb of Chicago, is a 35-minute drive from both Chicago O'Hare International Airport (ORD) and Chicago Midway International Airport.
- Average household income of $124,167 and a population of 173,941 residents within a 5-mile radius.
- 1 mile from the Riverfront Park, an area undergoing a $3M revitalization to support future tourism, community, residential, and commercial growth.
Property Facts
Property Type
Retail
Property Subtype
Day Care Center
Building Size
11,783 SF
Building Class
B
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.98 AC
Property Taxes
| Parcel Number | 15-03-229-002 | Improvements Assessment | $1,276,163 |
| Land Assessment | $118,458 | Total Assessment | $1,394,621 |
Property Taxes
Parcel Number
15-03-229-002
Land Assessment
$118,458
Improvements Assessment
$1,276,163
Total Assessment
$1,394,621
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