Chipotle Mexican Grill NN
For Sale
Contact for pricing
5533 South Harlem Avenue, Chicago, IL 60638
NN leased Chipotle property with landlord responsibility limited to roof and structure.
Property Size2,357 SF
Price / SF$785.71
Days on Market58
Property Features for 5533 South Harlem Avenue
General Information
Standard status
Active
Size
2,357 SF
Property subtype
Retail
Building Details
Year Built
2020
Tenancy
Single
Listing Agency:
Trinity Real Estate Investment Services
Listed By:
Gleb Sonkin · License #TX 844533
Source:
Crexi
Added: Jun 10
Changed: Jul 10
Last Checked: Aug 6 at 6:14AM
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 Trinity Real Estate Investment Services
Investment Insights
Based on property information with market context.
This offering presents a Chipotle Mexican Grill under a net-net (NN) lease structure, with the landlord responsible only for roof and structure. The property is presented as a single-tenant restaurant asset, designed for an operator seeking a straightforward lease framework. The primary term has over 9.5 years remaining, and the lease includes 10% rent increases every five years.
The property is located at 5533 South Harlem Avenue in Chicago, Illinois 60638. The transaction is being marketed for sale by Trinity Real Estate Investment Services, in cooperation with Brian Brockman at Bang Realty-Illinois, Inc.
For buyers and investors, this is a restaurant asset with NN lease responsibilities concentrated on roof and structural items, paired with scheduled rent increases tied to the lease term. For tenant and operator considerations, the property’s structure supports continuity of use as a dedicated quick-service restaurant site under an established long-term lease timeline. As with any single-tenant restaurant acquisition, it is important to review the lease terms and responsibilities in detail as part of underwriting.
The property is located at 5533 South Harlem Avenue in Chicago, Illinois 60638. The transaction is being marketed for sale by Trinity Real Estate Investment Services, in cooperation with Brian Brockman at Bang Realty-Illinois, Inc.
For buyers and investors, this is a restaurant asset with NN lease responsibilities concentrated on roof and structural items, paired with scheduled rent increases tied to the lease term. For tenant and operator considerations, the property’s structure supports continuity of use as a dedicated quick-service restaurant site under an established long-term lease timeline. As with any single-tenant restaurant acquisition, it is important to review the lease terms and responsibilities in detail as part of underwriting.
Key Highlights
- 2020‑built, NN‑leased Chipotle Mexican Grill property in Chicago, IL
- Over 9.5 years remaining on the primary lease term
- Tenant rent increases of 10% every five years
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
897
Businesses Nearby
30k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 93%
Dining 7%
Thorntons
Shops & Services
21,820 visits/mo
0.2 miles
Advance Auto Parts
Shops & Services
3,291 visits/mo
0.3 miles
Pizza Hut
Dining
1,948 visits/mo
0.1 miles
Extra Space Storage
Shops & Services
1,370 visits/mo
0.4 miles
Public Storage
Shops & Services
1,015 visits/mo
0.2 miles
Demographics for 60638, IL
56,928
Population
21,636
Households
2.6
Avg Household Size
39
Median Age
24%
College-Educated
84%
High-School Grad
11.1 sq mi
ZIP Area
5,129
Density / Sq Mi
$89,191
Median Household Income
$50,902
Median Earnings
$1,327
Median Rent
$283,500
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 - NN leased Chipotle property with landlord responsibility limited to roof and structure.
Where is this conventional restaurant located?
The property is located at 5533 South Harlem Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,851,930.
What are key features of this property?
This property features: 2020‑built, NN‑leased Chipotle Mexican Grill property in Chicago, IL; Over 9.5 years remaining on the primary lease term; Tenant rent increases of 10% every five years
