Freestanding Auto Parts Retail
For Sale
Contact for pricing
16018 Kedzie Ave, Markham, IL 60428
NNN-leased freestanding AutoZone property with corporate lease coverage and firm term remaining.
Property SizeContact for details
Days on Market132
Property Features for 16018 Kedzie Ave
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Traffic Count
50,200 vehicles/day
Highway Access
Yes
Road Access
Yes
Listing Agency:
SRS Real Estate Partners Chicago
(312) 279-5345
Listed By:
Sean Lutz · License #IL 475132482
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 7:20AM
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 SRS Real Estate Partners Chicago
Investment Insights
Based on property information with market context.
The offering is a leased-fee interest in a freestanding AutoZone investment property structured as an NNN lease with limited landlord responsibilities. The tenant is AutoZone Development Corporation, which has 2 years remaining on the current firm term, along with additional 5-year option periods to extend. The lease includes 10% rental increases at the beginning of each option period.
The property is located in Markham, IL within the Chicago MSA near a signalized, hard corner intersection of Kedzie Avenue and U.S. Highway 6. The site has direct access to multiple interstate and major highway routes, and it directly fronts Canterbury Shopping Center.
AutoZone is a national automotive parts and accessories retailer. The asset is surrounded by a dense retail corridor that includes multiple national and credit tenants such as Walgreens, McDonald’s, Walmart Supercenter, Chase Bank, ALDI, and Dunkin’, supporting a built-in mix of nearby destinations for customer draw.
The property is located in Markham, IL within the Chicago MSA near a signalized, hard corner intersection of Kedzie Avenue and U.S. Highway 6. The site has direct access to multiple interstate and major highway routes, and it directly fronts Canterbury Shopping Center.
AutoZone is a national automotive parts and accessories retailer. The asset is surrounded by a dense retail corridor that includes multiple national and credit tenants such as Walgreens, McDonald’s, Walmart Supercenter, Chase Bank, ALDI, and Dunkin’, supporting a built-in mix of nearby destinations for customer draw.
Key Highlights
- NNN‑leased, freestanding AutoZone investment property (leased fee/land ownership) in Markham, IL (Chicago MSA).
- Tenant AutoZone Development Corporation has 2 years remaining on the lease firm term, plus four 5‑year option periods to extend.
- Lease includes 10% rental increases at the beginning of each option period.
Property Analytics
Current Use
Lease Details
50,200 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
408
Businesses Nearby
Explore this area
Business Placement
Demographics for 60428, IL
11,351
Population
4,138
Households
2.7
Avg Household Size
36
Median Age
16%
College-Educated
87%
High-School Grad
5.1 sq mi
ZIP Area
2,226
Density / Sq Mi
$53,059
Median Household Income
$39,861
Median Earnings
$1,686
Median Rent
$118,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
NNN property - NNN-leased freestanding AutoZone property with corporate lease coverage and firm term remaining.
Where is this nnn property located?
The property is located at 16018 Kedzie Ave Markham, IL.
What are key features of this property?
This property features: NNN‑leased, freestanding AutoZone investment property (leased fee/land ownership) in Markham, IL (Chicago MSA).; Tenant AutoZone Development Corporation has 2 years remaining on the lease firm term, plus four 5‑year option periods to extend.; Lease includes 10% rental increases at the beginning of each option period.
