9843 S Western Ave | Chicago, IL 60643
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- LoopNet Team
9843 S Western Ave
Chicago, IL 60643
Wendy's · Retail Property For Sale
Investment Highlights
- NNN Lease Structure – Passive Investment – Ideal for out-of-state investors.
- Dense, Urban Area – This property benefits from a population of over 19,600 in a 1-mile radius, over 560,000 in a 5-mile radius
- Percentage Rent Clause – Percentage rent allows an investor to capture future potential upside increasing yield
- Strong, Increasing Sales Volume – Store sales above the national AUV for Wendy’s.
- Affluent Neighborhood – Average Household income is over $124,563 in a 1-mile radius.
- Long Operating History & Multiple Option Extensions – The original lease commenced in 1982 and the tenant restructured/renewed the lease in 2008
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,824 SF
Building Class
C
Year Built/Renovated
1982/2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.55 AC
Zoning
B1-1,RS-2
Property Taxes
| Parcel Number | 25-07-116-203-0000 | Improvements Assessment | $113,921 |
| Land Assessment | $89,329 | Total Assessment | $203,250 |
Property Taxes
Parcel Number
25-07-116-203-0000
Land Assessment
$89,329
Improvements Assessment
$113,921
Total Assessment
$203,250
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