Crème de la Crème (KinderCare) 2230 N Dominick St 21,611 SF Retail Building Chicago, IL 60614 $15,150,568 CAD ($701.06 CAD/SF) 7.52% Cap Rate

The Boulder Group is pleased to exclusively market for sale a single tenant net lease Crème de la Crème located in Chicago’s Lincoln Park neighborhood. Crème de la Crème has operated from this location since 2014 on a lease running through May 2034. The lease is absolute triple net with zero landlord responsibilities and features rental escalations every ?ve years throughout the primary term. Each escalation is equal to the lesser of 10% or the change in CPI. The lease also includes ?ve 5-year renewal options and is backed by a corporate guaranty.
The property is situated in Lincoln Park, one of Chicago’s most affluent neighborhoods, with average household incomes exceeding $240,000 within one mile and over 548,000 residents within a three-mile radius. The site bene?ts from exceptional traffic exposure at the con?uence of North Clybourne Avenue, West Webster Avenue, and North Ashland Avenue, collectively carrying 44,000+ vehicles per day, and is less than one mile from Interstate 90/Kennedy Expressway, one of the region’s most heavily trafficked corridors drawing 292,000+ vehicles per day. The property is positioned on the SEC of the Elston/Clybourne retail corridor, one of Chicago’s most dominant retail nodes, anchored by Costco, The Home Depot, Menards, Target, ALDI, Best Buy, Kohl’s, Burlington, Ross, Old Navy, Michaels, and more, providing signi?cant retail synergy and a built-in consumer base. Further bolstering daytime traffic and demand generators, DePaul University sits less than one-half mile to the east, serving a campus community of 25,000 students.
Further enhancing the property’s long-term growth trajectory is Foundry Park, a transformative $1+ billion mixed-use redevelopment located less than one mile south of the site along the Chicago River. Approved by the Chicago City Council in February 2026 and led by JDL Development and Kayne Anderson Real Estate, the 31-acre master-planned neighborhood will deliver up to 3,700+ residential units, 420,000 square feet of retail, 350,000 square feet of office space, a 180- to 200-key hotel, and 34 acres of public open space, with Phase One groundbreaking slated for October 2026. Upon completion, Foundry Park will introduce thousands of new residents, workers, and visitors into the immediate trade area.
Crème de la Crème, Inc. (now operating as Crème School) is a premium national childcare and early learning company founded in 1982 and headquartered in Greenwood Village, Colorado. It operates high-quality childcare centers across multiple states, offering programs for infants (starting at 6 weeks), toddlers, preschool, pre-kindergarten, private kindergarten, before- and after-school care, and summer camps. As of 2026, Crème School maintains over 40 schools across 15 states with a capacity to serve over 10,000 children. In 2022, Crème de la Crème was acquired by KinderCare Learning Companies, further expanding its reach while maintaining its reputation for exceptional early education.