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2315 W Ogden Ave
Chicago, IL 60608 Illinois Medical District

$3,750,000 USD

Fast Food For Sale  •  4,247 SF

Property Details

• Property Type Fast Food
• Total Building Size 3,876 SF
• Lot Size 0.97 AC
• Building Class B
• Year Built 2018
• Cap Rate 3.99 %
• Tenancy Single
• Zoning C1-2

80 Transit Score

90 Walk Score

Highlights

Investment Grade Tenant - McDonald’s holds a BBB+ rating from Standard & Poor’s.

Long-Term Ground Lease – Long-term lease through May 2038 with no landlord responsibilities.

Rental Escalations Every 5 Years – 7% rental escalations every 5 years, the next scheduled for May 2028.

World’s Largest Restaurant Chain - McDonald’s operates more than 13,700 restaurants across the United States and approximately 45,000 restaurants

Dense, Affluent Trade Area – 1.1 million residents within five miles and a six-figure average household income of $106,098 within one mile.

Signalized Hard-Corner Location - Situated at the intersection of Roosevelt Road (20,800 VPD) and Ogden Avenue (19,900 VPD)

Property Flyers

OM-McDonalds-Chicago-IL

Cap Rate:

3.99 %

Major Tenants

Tenant	SF Occupied	Lease End Date
McDonald's		5/27/2038

Public Transportation

Commuter Rail	Drive	Walk	Distance
Western Avenue Station (BNSF) (Burlington Northern-Santa Fe Railway Line - Northeast Illinois Regional Commuter Railroad (Metra))	2 min	15 min	0.8 mi
Western Avenue Station (MD-N/MD-W/NCS) (Milwaukee District North Line - Northeast Illinois Regional Commuter Railroad (Metra), Milwaukee District West Line - Northeast Illinois Regional Commuter Railroad (Metra), North Central Service - Northeast Illinois Regional Commuter Railroad (Metra))	5 min	-	1.9 mi
Transit/Subway	Drive	Walk	Distance
Western Avenue Station (BNSF) (Burlington Northern-Santa Fe Railway Line - Northeast Illinois Regional Commuter Railroad (Metra))	2 min	15 min	0.8 mi
Western Station (Pink Line) (Pink Line - Chicago Transit Authority "L" Trains (The "L"))	2 min	17 min	0.9 mi
Western Station (Blue Line - Forest Park Branch) (Blue Line - Chicago Transit Authority "L" Trains (The "L"))	6 min	17 min	0.9 mi
Polk Station (Pink Line - Chicago Transit Authority "L" Trains (The "L"))	3 min	18 min	0.9 mi
Airport	Drive	Walk	Distance
Chicago Midway International	14 min	-	7.8 mi
Chicago O'Hare International	29 min	-	18.3 mi