Potbelly & IHOP

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Potbelly & IHOP

7601 S Cicero Ave Chicago IL Cook County

Sales Price: $5,132,100

Cap Rate: 7.00%

Contact Person(s): Daniel Kukes
Max Lippitt
Kevin Baker
Jason Greenspan

Description:

DENSE INFILL LOCATION
The subject property sits in the middle of a strong retail corridor as an outparcel to the Ford City Mall.

STABLE TENANCY WITH STRONG HISTORICAL SALES
Potbelly (474 locations) and IHOP (3,652 locations) remain dominant, internet resistant concepts.

EXCELLENT VISIBILITY & CO-TENANCY
The subject property maintains strong visibility from the road as it faces Cicero Ave (45,992 CPD).

Building Size: 10,992 SF

Demographic Info:

Radius: 1 Mile 3 Mile 5 Mile
Population Density: 15,430 229,071 619,168
Avg. HH Income: $79,194 $73,353 $69,653

LANDMARK INVESTMENT SALES – Licensed Real Estate Brokers. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates are used for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction, the suitability of the property for your needs.