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3300 Cicero Ave.
Cicero, IL 60804

$5,608,695 USD

Fast Food For Sale  •  7,796 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 7,800 SF
  • Lot Size 2.83 AC
  • Building Class B
  • Year Built 2023
  • Cap Rate 5.75 %
  • Tenancy Single
51 Transit Score
67 Walk Score

Highlights

Long Term Corporate Backed NNN Ground Lease Featuring 10% Rental Increases at Year 7 and Each Option. Brand New High Quality Construction.
Chicagoland Portillo’s AUV is nearly Double any other Portillo’s Market AUV. This Location Generates more than $9M in Annual Sales.
Extremely Dense Area with over 702k People Residing in a 5-Mile Radius. Chicago is the Cultural Epicenter of the Midwest.
Outparcel to the #1 most Visited Walmart in Illinois and the 4th most Visited in the Nation. Walking Distance from Cicero Marketplace.
Portillo’s is a Top-Performing Fast-Casual Leader with 86+ Locations, $730M+ in Annual Revenue and $490M+ Net Worth.
Proximity to Chicago’s Core Employment Hubs and Industrial Clusters - Located Minutes From Major Distribution Centers, Manufacturing Nodes, and more.
Cap Rate: 5.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Portillo’s (NASDAQ: PTLO) 7,800 SF 10/31/2035

Amenities

  • Corner Lot
  • Dedicated Turn Lane
  • Restaurant
  • Signage
  • Drive Thru
  • Wheelchair Accessible
  • Monument Signage

Public Transportation

Commuter RailDriveWalkDistance
Cicero Station (Burlington Northern-Santa Fe Railway Line - Northeast Illinois Regional Commuter Railroad (Metra)) 3 min 19 min 1.0 mi
Lavergne Station (Burlington Northern-Santa Fe Railway Line - Northeast Illinois Regional Commuter Railroad (Metra)) 8 min - 3.3 mi
AirportDriveWalkDistance
Chicago Midway International 6 min - 3.3 mi
Chicago O'Hare International 33 min - 19.7 mi
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap