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- LoopNet Team
5230 W Madison St
Chicago, IL 60644
KFC · Retail Property For Sale
Property Facts
Amenities
- Pylon Sign
- Drive Thru
About 5230 W MADISON ST , CHICAGO, IL 60644
The KFC property is ideally located along Madison Street (29,111 VPD), a primary east-west thoroughfare, and just off of Interstate 290 (233,971 VPD). The KFC property is located in a retail corridor with Jewel-Osco, Walgreens, US Bank, McDonald’s, CVS and AutoZone. KFC has a long and successful operating history at the location. The KFC property is located in a dense in-fill area of Chicago with over 400,000 people living within three miles of the property and over 1,000,000 within five miles. There are approximately 15 years remaining on the KFC lease which expires August 31, 2034. There are 7.5% rental escalations every five years and two 5-year renewal options. KFC, also known as Kentucky Fried Chicken, is an American fast food restaurant chain headquartered in Louisville, Kentucky, that specializes in fried chicken. It is the world's second-largest restaurant chain (as measured by sales) after McDonald's, with 22,000+ locations globally in 136 countries. The chain is a subsidiary of Yum! Brands, a restaurant company that also owns the Pizza Hut, Taco Bell and WingStreet chains.
Property Taxes
| Parcel Number | 16-09-323-043-0000 | Improvements Assessment | $7,305 |
| Land Assessment | $23,829 | Total Assessment | $31,134 |
Property Taxes
