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316 Madison St
Oak Park, IL 60302
Dutch Bros · Retail Property For Sale
Investment Highlights
- Brand new 2026 construction — Dutch Bros' first location in all of Cook County.
- ~287,000 residents within 3 miles; ~$100K avg. household income within 1 mile.
- Dual drive-thru lanes stacking up to 13 vehicles; hard-to-obtain entitlements.
- 15-Year absolute NNN ground lease with 10% rental increases every 5 years.
- Over 35,900 vehicles per day on Madison Street — high-visibility corridor.
- Corporately guaranteed lease — Dutch Bros operates 1,000+ locations nationwide.
Executive Summary
Matthew M. Fitzgerald
License # 471021676, 478027547 (IL)
Matthews Real Estate Investment Services, Inc
600 W Fulton, Ste 100 Chicago, IL 60661
(866) 889-0550
License # 471021676, 478027547 (IL)
Matthews Real Estate Investment Services, Inc
600 W Fulton, Ste 100 Chicago, IL 60661
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,236 SF
Building Class
C
Year Built
2002
Price
$3,238,095
Price Per SF
$2,619.82
Cap Rate
5.25%
NOI
$170,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.41 AC
Parking
17 Spaces (13.75 Spaces per 1,000 SF Leased)
Frontage
96’ on Madison Street
Amenities
- Corner Lot
- Pylon Sign
- Restaurant
- Drive Thru
- Air Conditioning
Property Taxes
| Parcel Numbers | Improvements Assessment | $121,790 | |
| Land Assessment | $143,000 | Total Assessment | $264,790 |
Property Taxes
Parcel Numbers
Land Assessment
$143,000
Improvements Assessment
$121,790
Total Assessment
$264,790
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