7-Eleven Gas Station with
For Sale
Contact for pricing
Pending
3798 S Western Ave, Chicago, IL 60609
Newly constructed convenience retail asset featuring a Taco Company restaurant and long-term absolute net lease structure.
Property SizeContact for details
Days on Market145
Property Features for 3798 S Western Ave
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
JLL Chicago | Americas Headquarters
Listed By:
Mohsin Mirza · License #IL 475.189943
(312) 782-5800
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 5:32PM
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 JLL Chicago | Americas Headquarters
Investment Insights
Based on property information with market context.
This fee-simple gas station and convenience store property was purpose-built for 7-Eleven as a next-generation Evolution Store. The newly constructed facility includes a Loredo Taco Company restaurant and is located at 3798 S Western Ave in Chicago, Illinois. Expected completion was by June 2023.
The property is leased under a new 15-year absolute net lease, with 7.5% rent increases every five years and zero landlord responsibilities. Its setting includes adjacency to a newly constructed Starbucks and McKinley Park, a 72-acre multi-sport recreational complex. The surrounding area is described as a dense residential and commercial corridor with national brands.
The property is leased under a new 15-year absolute net lease, with 7.5% rent increases every five years and zero landlord responsibilities. Its setting includes adjacency to a newly constructed Starbucks and McKinley Park, a 72-acre multi-sport recreational complex. The surrounding area is described as a dense residential and commercial corridor with national brands.
Key Highlights
- Newly constructed 7‑Eleven gas and convenience store
- New 15‑year absolute net lease with zero landlord responsibilities
- 7.5% rent increases every five years
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,421
Businesses Nearby
Explore this area
Business Placement
Demographics for 60609, IL
65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
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?
Gas station - Newly constructed convenience retail asset featuring a Taco Company restaurant and long-term absolute net lease structure.
Where is this gas station located?
The property is located at 3798 S Western Ave Chicago, IL.
What are key features of this property?
This property features: Newly constructed 7‑Eleven gas and convenience store; New 15‑year absolute net lease with zero landlord responsibilities; 7.5% rent increases every five years
