Farmer's Best NNN
For Sale
Contact for pricing
Pending
23 W North Avenue, Elmhurst, IL 60164
Absolute NNN structure pairs a new long-term lease with annual rent increases and no landlord responsibilities.
Property SizeContact for details
Days on Market144
Property Features for 23 W North Avenue
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Traffic Count
56,000 vehicles/day
Highway Access
Yes
Listing Agency:
Stream Capital Partners
(312) 899-6664
Listed By:
Ryan Smeele · License #IL 475168020
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 12:23AM
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 Stream Capital Partners
Investment Insights
Based on property information with market context.
Farmer's Best is offered for sale with an absolute NNN lease scheduled to begin at closing. The agreement provides a 15-year initial term and 2.00% annual rent increases, with no landlord responsibilities under the lease structure.
The property occupies an outparcel position alongside Home Depot and Value City Furniture at North Avenue and Wolf Road. The intersection records more than 56,000 vehicles per day, while I-290 carries 193,500 vehicles per day and provides access to the site. Downtown Chicago is approximately 17 miles away, placing the property within the broader Chicago-area commercial market.
The property occupies an outparcel position alongside Home Depot and Value City Furniture at North Avenue and Wolf Road. The intersection records more than 56,000 vehicles per day, while I-290 carries 193,500 vehicles per day and provides access to the site. Downtown Chicago is approximately 17 miles away, placing the property within the broader Chicago-area commercial market.
Key Highlights
- Absolute NNN lease with no landlord responsibilities
- New 15‑year lease begins at closing
- 2.00% annual rent increases
Property Analytics
Current Use
Lease Details
56,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,975
Businesses Nearby
Explore this area
Business Placement
Demographics for 60164, IL
22,367
Population
7,513
Households
3
Avg Household Size
39
Median Age
14%
College-Educated
77%
High-School Grad
4.9 sq mi
ZIP Area
4,565
Density / Sq Mi
$76,483
Median Household Income
$40,332
Median Earnings
$1,143
Median Rent
$240,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
NNN property - Absolute NNN structure pairs a new long-term lease with annual rent increases and no landlord responsibilities.
Where is this nnn property located?
The property is located at 23 W North Avenue Elmhurst, IL.
What are key features of this property?
This property features: Absolute NNN lease with no landlord responsibilities; New 15‑year lease begins at closing; 2.00% annual rent increases
