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12-Unit Jamba Restaurant Portfolio
New
For Sale
$950,000

500 W Madison St, Chicago, IL 60661

The franchise portfolio spans the Chicago metropolitan area.

Property Size1,200 SF
Days on Market2

Property Features for 500 W Madison St

General Information

Standard status Active
Size 1,200 SF
Property subtype Retail

Site & Location

Neighborhood West Loop

Additional Details

Business Included Yes

Building Details

Building Size 1,200 SF
Year Built 1987
Listing Agency: eXp Commercial | Kentucky
Listed By: Sam Griffin, CCIM, CBI, NACREP · License #KY #207824
Source: 7s
Added: Oct 30 Last Checked: Oct 30 at 3:06PM

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 eXp Commercial | Kentucky

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This restaurant portfolio comprises 12 Jamba franchise locations across the Chicago metropolitan area.

Key Highlights

  • 12 restaurant locations in the portfolio
  • Jamba franchise portfolio
  • Locations span the Chicago metropolitan area

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Premiere Chicago Appliance ... Home Appliance Store solve for (x) Business Management Consultant Held John J Law Firm Infor (Bike/Boat/Book/etc) Store Managility US (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop (Bike/Boat/Book/etc) Store Garden Center Pet Grooming Service Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

31,503
Businesses Nearby
200k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 72% Hotels & Casinos 13% Shops & Services 7% Dining 5%
H Mart Groceries
57,270 visits/mo 0.5 miles
Whole Foods Market Groceries
48,567 visits/mo 0.4 miles
Jewel-Osco Groceries
37,290 visits/mo 0.5 miles
Hampton Inn Chicago Downtown West Loop Hotels & Casinos
16,073 visits/mo 0.2 miles
Crowne Plaza Chicago West Loop Hotels & Casinos
10,607 visits/mo 0.4 miles

Demographics for 60661, IL

11,987
Population
8,049
Households
1.5
Avg Household Size
32
Median Age
88%
College-Educated
99%
High-School Grad
0.3 sq mi
ZIP Area
39,957
Density / Sq Mi
$138,831
Median Household Income
$105,935
Median Earnings
$2,403
Median Rent
$397,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025

Similar Off Market Nearby

  • Market Creations — 101 N Wacker Dr, Chicago, IL 60606

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The franchise portfolio spans the Chicago metropolitan area.
Where is this conventional restaurant located?
The property is located at 500 W Madison St Chicago, IL.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 12 restaurant locations in the portfolio; Jamba franchise portfolio; Locations span the Chicago metropolitan area
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Includes: Price & PSF · Cap rate · Location · Zoning

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