7122 40th St, Stickney, IL 60402

Building Details

Year Built

1996

Listing agent Lior Regenstreif License #CA 01267761

Listing office Marcus & Millichap - Encino

Listing date Nov 18, 2024

Source Crexi

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All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Encino

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Overview

This passive net-lease opportunity allows a qualified buyer to invest in a leading national tenant with a long-term absolute net lease within a desirable Chicago neighborhood. The location benefits from strong store sales and a low rent-to-sales ratio. Jewel-Osco, Illinois' leading supermarket chain, operates 189 locations primarily within the Chicago MSA, with additional locations throughout Iowa and Indiana. Jewel-Osco maintains market dominance in the Chicago MSA and leads local grocers with the highest market share. Jewel has operated as a subsidiary of Albertsons since 1999. The property is located in Stickney, Illinois, which is part of the Chicago Metropolitan Statistical Area (MSA). Stickney offers suburban tranquility and convenient access to Chicago's job market, cultural attractions, and diverse dining scene.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

• Jewel-Osco — 7122 40th St, Stickney, IL 60402
• Berwyn Fruit Market — 3811 S Harlem Ave, Berwyn, IL 60402

Location Insight

• Map
• Local Demand

City

Stickney

County

Cook

State

Illinois

Longitude

-87.8012058

Latitude

41.8206733

FAQs

What type of property is this?

Grocery and convenience store - Long-term net lease with leading national tenant in Chicago MSA.

Where is this grocery and convenience store located?

The property is located at 7122 40th St Stickney, IL.

What is the asking price?

The asking price for this property is $11,600,352.

What are key features of this property?

This property features: Long‑term absolute net lease with a leading, national tenant (Jewel‑Osco).; Located in a highly desirable Chicago neighborhood.; Incredibly strong store sales.