211 Roosevelt RdMaywood, IL 60153

For Sale
$1,428,571

High-NOI, 15-Year NNN Lease

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a 1,400 square foot quick-service restaurant (QSR) in Maywood, Illinois, situated on a 0.26-acre lot at 211 Roosevelt Rd, 60153. The property boasts a strong location on a high-traffic thoroughfare with 26,800 vehicles per day, surrounded by established QSR competitors like McDonald's and Burger King. The property is directly across from major medical facilities, including Hines VA Medical Center and Loyola University Medical Center. The sale includes a 15-year absolute triple-net (NNN) lease with a reputable, established tenant, a recognized Chicago-area brand with 11 locations and plans for national expansion. The tenant, a 100% company-owned operator serving popular Italian-American cuisine, has a 25-year track record of strong financial performance. The lease features 2.5% annual rent bumps and four, 5-year renewal options. The asking price is $1,428,571, generating a net operating income (NOI) of $100,000. This is a rare opportunity to acquire a stable, high-performing QSR property with significant long-term growth potential in a prime Chicagoland location. The property's convenient access and high-demand drive-thru lane further enhance its appeal.

Highlights

  • 15-Year Absolute NNN Lease.
  • High-Demand Drive-Thru QSR Property.
  • 100% Company-Owned Italian-American Restaurant.
  • Established Chicago-Area Brand with 25-Year History.
  • Growing Chain with 11 Chicagoland Locations & National Expansion Plans.
  • High-Traffic Location (26,800 VPD).

Property Details for 211 Roosevelt Rd

Property type
Other retail properties, Restaurants
Square Feet
1,400 SF
Lot Size (sq. ft)
11,326 SF

Location Insight

City
Maywood
County
Cook
State
Illinois
Latitude
41.8646844
Longitude
-87.8355471
211 Roosevelt Rd, Maywood, Illinois
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211 Roosevelt Rd
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