deal image
156 W Dundee RdWheeling, IL 60090
100-Unit, Operating Assisted Living Facility
Asset ClassHealthcare Facility, Senior Housing, Special Purpose
# Units100
Year Built: 2019Square Feet: 86,789Occupancy: 80%Access Data Room
Turnkey Assisted Living & Memory Care Facility
overview of deal

Overview

The Landing on Dundee is a 100- unit, fully operational assisted living and memory care community. Built in 2019, this 86,789± SF, five-story property is designed to accommodate a range of resident needs with apartment-style living for assisted living residents and four unique floor plans for memory care, each featuring modern furnishings and upscale amenities that enhance comfort, well-being and daily convenience.

 

Zoned MXT and boasting an 80% occupancy rate, this sale presents a turnkey opportunity to acquire a well-established senior living community in a high-demand market. Its modern construction, premium amenities and strategic location make it a compelling investment for those looking to enter or expand in the senior living sector in the Chicago area. The Landing on Dundee offers immediate income potential and long-term stability.

Access the Data Room

Investment Highlights

# Units
100
Square Feet
86,789
# Stories
5
Occupancy
80%
Year Built
2019
  • Fully staffed facility with 80% occupancy
  • Located on major thoroughfares of W. Dundee Rd. & N. Milwaukee Ave. with convenient access to I-294 & I-94
  • Nearby numerous hospitals & healthcare providers
  • On-site amenities include: beauty salon, coffee shop, fitness center, movie theater, laundry services, in-house therapy services & specialty medical care

Unit Breakdown

Unit Count
Memory Care | Studio - Private
27
Memory Care | Studio - Semi-Private
6
Assisted Living | Studio
8
Assisted Living | One Bedroom
54
Assisted Living | Two Bedroom
5
TOTAL
100
deal gallery image
deal gallery image
deal gallery image
156 W Dundee RdWheeling, IL 60090

Sales Team

Steve MaduraSenior Vice President(847) 504-2478smadura@hilcoglobal.com
Daniel MigginsVice President(646) 984-4580dmiggins@hilcoglobal.com
Michael KneifelSenior Associate(847) 201-2322mkneifel@hilcoglobal.com
deal image

Inquire

Listing provided by Revere CRE