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- LoopNet Team
1956 W 79th St
Chicago, IL 60620
(Church's Chicken - Ground Lease) · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Drive Thru
ABOUT 1956 W 79TH ST , CHICAGO, IL 60620
Friedman Real Estate is pleased to exclusively market for sale a corporate leased Krispy's Chicken (FKA Church's Chicken) ground lease property located in Chicago, Illinois. There are five years remaining in the primary term and two 10-year renewal options. Additionally, there are 1.5% annual rental escalations. The ground lease is absolute triple net and features zero landloard responsibilities. This location reports an above average rent to scale ratio. The Krispy Chicken property is located in a densely populated area of Chicago with over 286,968 people living within three miles of the property. The property is positioned at the NE corner of a signalized intersection along 79th Street and Damen Avenue which is a primary north-south and east-west thoroughfare. The property is also located in walking distance of the several churches, schools, CTA bus stops which drives continual traffic to the area. Other retailers in the corridor include Dunkin Donuts, McDonald's, CitiBank, PePe's Mexican Restaurant, and the Dollar General Store.
PROPERTY TAXES
| Parcel Number | 20-30-428-060-0000 | Improvements Assessment | $38,241 |
| Land Assessment | $17,259 | Total Assessment | $55,500 |
PROPERTY TAXES
