Net-Leased Quick Service
For Sale
$1,747,200
2601 W Cermak Rd, Chicago, IL 60608
Single-tenant Little Caesars with a new lease through June 2036, including rental escalations and two five-year renewals.
Property SizeContact for details
Days on Market168
Property Features for 2601 W Cermak Rd
General Information
Standard status
Active
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
The Boulder Group
Listed By:
Randy Blankstein · License #471005983
(847) 562-0003
Source:
Commercialcafe
Added: Mar 28
Changed: Sep 8
Last Checked: Sep 10 at 5:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Boulder Group
Investment Insights
Based on property information with market context.
This offering is a single-tenant net leased Little Caesars property. The site has operated since 1983 and recently received a new 10-year lease through June 2036, reflecting continued corporate commitment to the location. The lease includes rental escalations throughout the primary term and two additional five-year renewal options.
The property is positioned at a signalized intersection of West Cermak Road and South Rockwell Street, with traffic supported by a nearby mix of retail and daily-demand uses. The surrounding area includes Ace Hardware, Pete’s Fresh Market, McDonald’s, Discovery Clothing, O’Reilly Auto Parts, Planet Fitness, AbsoluteCare, and Saint Anthony Hospital, among others.
Placer.ai visit statistics indicate this Little Caesars is ranked #1 visited in Illinois out of 118 locations and #27 nationwide out of 2,320. The broader trade area is described as one of the most densely populated in the Chicago MSA, with more than 335,000 residents within a three-mile radius and an average household income exceeding $94,000.
The property is positioned at a signalized intersection of West Cermak Road and South Rockwell Street, with traffic supported by a nearby mix of retail and daily-demand uses. The surrounding area includes Ace Hardware, Pete’s Fresh Market, McDonald’s, Discovery Clothing, O’Reilly Auto Parts, Planet Fitness, AbsoluteCare, and Saint Anthony Hospital, among others.
Placer.ai visit statistics indicate this Little Caesars is ranked #1 visited in Illinois out of 118 locations and #27 nationwide out of 2,320. The broader trade area is described as one of the most densely populated in the Chicago MSA, with more than 335,000 residents within a three-mile radius and an average household income exceeding $94,000.
Key Highlights
- Single‑tenant Little Caesars net lease with new lease term through June 2036
- Lease includes rental escalations throughout the primary term and two 5‑year renewal options
- Low absolute rent of $87,360 under the net lease structure
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,643
Businesses Nearby
171k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 52%
Dining 44%
Electronics 4%
Dollar Tree
Shops & Services
29,998 visits/mo
0.2 miles
Dunkin' Donuts
Dining
15,231 visits/mo
0.4 miles
Speedway
Shops & Services
14,019 visits/mo
0.4 miles
Church's Chicken
Dining
13,470 visits/mo
0.2 miles
Little Caesars Pizza
Dining
13,456 visits/mo
0.0 miles
Demographics for 60608, IL
75,770
Population
32,617
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
77%
High-School Grad
6.2 sq mi
ZIP Area
12,221
Density / Sq Mi
$70,704
Median Household Income
$42,211
Median Earnings
$1,208
Median Rent
$341,500
Median Home Value
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Market
Vacancy Rate% for Retail in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Single-tenant Little Caesars with a new lease through June 2036, including rental escalations and two five-year renewals.
Where is this conventional restaurant located?
The property is located at 2601 W Cermak Rd Chicago, IL.
What is the asking price?
The asking price for this property is $1,747,200.
What are key features of this property?
This property features: Single‑tenant Little Caesars net lease with new lease term through June 2036; Lease includes rental escalations throughout the primary term and two 5‑year renewal options; Low absolute rent of $87,360 under the net lease structure
