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Investment Highlights

  • Fully leased to Rasmussen University, part of American Public Education, Inc.
  • Positioned near major healthcare systems and employment centers.
  • Occupied by the tenant since 2010 with a long operating history at the property.
  • Flexible building design supports future educational, medical, or office uses.

Executive Summary

1400 W. Normantown Road presents the opportunity to acquire a fully leased educational facility occupied by Rasmussen University, operating under American Public University System, Inc., a wholly owned subsidiary of American Public Education, Inc. The property serves as an established healthcare education campus and has functioned as a key Illinois location for nursing, medical assisting, surgical technology, and allied health training programs since 2010.
Positioned in Romeoville within the Chicago metropolitan area, the asset benefits from access to a large regional labor force and connectivity via Interstate 55, Interstate 80, and Interstate 355. The surrounding area is supported by major healthcare systems including Silver Cross Hospital, Ascension Saint Joseph-Joliet, Edward Hospital, and AdventHealth Bolingbrook, providing a strong institutional presence and supporting the property's long-term educational use. The campus is situated within a corridor that serves healthcare employment and workforce training needs across Will, DuPage, and Cook Counties.
Constructed in 2009, the single-story building was designed to support specialized educational operations while maintaining long-term adaptability. The layout features multiple entrances, separate building wings, zoned HVAC infrastructure, and an above-standard parking ratio. These characteristics provide flexibility for future occupancy scenarios and support a variety of potential uses, including higher education, healthcare, medical office, call center, and traditional office environments. Combined with a long-standing tenant presence and a location within one of Chicagoland's major growth corridors, the property offers investors a stabilized asset with future adaptability.

Property Facts

Sale Type Investment
Property Type Specialty
Property Subtype Schools
Building Class B
Lot Size 4.17 AC
Building Size 25,000 SF
No. Stories 1
Year Built 2009
Somewhat walkable
20/100
Exceptionally drivable
100/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
12-02-31-203-001
Land Assessment
$822,323 CAD
Improvements Assessment
$770,444 CAD
Total Assessment
$1,592,767 CAD
  • Listing ID: 41905273

  • Date on Market: 2026-08-27

  • Last Updated:

  • Address: 1400 W Normantown Rd, Romeoville, IL 60446

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