Triple-Net Corner
For Sale
Contact for pricing
2626 E 79th St., Chicago, IL 60649
Triple-net leased corner restaurant on a large site with ample frontage, formerly used as a fast food restaurant.
Property SizeContact for details
Days on Market123
Property Features for 2626 E 79th St.
General Information
Standard status
Active
Property subtype
Retail, Land, Special Purpose
Listing Agency:
Millennium Properties R/E
(312) 338-3000
Listed By:
Daniel Hyman · License #IL 471.013658x
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 20 at 7:03PM
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 Millennium Properties R/E
Investment Insights
Based on property information with market context.
This corner restaurant property offers 1,336 square feet and was previously operated as a fast food restaurant. It is triple net ground leased to Church’s Chicken through 2024, with fixed 1.5% annual increases.
The property is located at the corner of 79th and Saginaw in Chicago, IL, and features high visibility on a large site with ample frontage. The configuration can potentially include a drive-thru window.
The offering is structured as a triple-net ground lease arrangement with an existing tenant in place through 2024.
The property is located at the corner of 79th and Saginaw in Chicago, IL, and features high visibility on a large site with ample frontage. The configuration can potentially include a drive-thru window.
The offering is structured as a triple-net ground lease arrangement with an existing tenant in place through 2024.
Key Highlights
- 1,336 SF former fast food restaurant on the corner of 79th and Saginaw
- Triple‑net ground lease with Church’s Chicken through 2024
- Lease includes fixed 1.5% annual increases
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
921
Businesses Nearby
62k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 54%
Dining 43%
Home Improvements & Furnishings 2%
McDonald's
Dining
19,856 visits/mo
0.2 miles
Family Dollar
Shops & Services
11,866 visits/mo
0.3 miles
Citgo
Shops & Services
9,391 visits/mo
0.3 miles
Family Dollar
Shops & Services
5,252 visits/mo
0.2 miles
Dollar General
Shops & Services
5,093 visits/mo
0.1 miles
Demographics for 60649, IL
48,171
Population
28,249
Households
1.7
Avg Household Size
39
Median Age
25%
College-Educated
89%
High-School Grad
3.6 sq mi
ZIP Area
13,381
Density / Sq Mi
$40,142
Median Household Income
$36,474
Median Earnings
$1,066
Median Rent
$199,500
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Triple-net leased corner restaurant on a large site with ample frontage, formerly used as a fast food restaurant.
Where is this conventional restaurant located?
The property is located at 2626 E 79th St. Chicago, IL.
What are key features of this property?
This property features: 1,336 SF former fast food restaurant on the corner of 79th and Saginaw; Triple‑net ground lease with Church’s Chicken through 2024; Lease includes fixed 1.5% annual increases
