Property profile

7508 Lafayette Ave Chicago, IL 60620

OFF-MARKET
Restaurants
2,515 SF 4 ac lot
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Property summary

AI-generated overview

This 2,515 square foot freestanding fast-food restaurant building is situated on a 4-acre lot in Chicago, Illinois, within Cook County. Its strategic location offers exceptional visibility and accessibility, boasting convenient proximity to the I-94 interchange. The property benefits from significant daily traffic generated by nearby businesses such as Walgreens and Aldi, ensuring a consistent flow of potential customers. The building's placement next to a Popeye's restaurant on the "going to work" side of the road further enhances its appeal and accessibility for commuters. The single-tenant occupancy presents a straightforward investment opportunity. The address is 7508 S Lafayette Ave, Chicago, IL 60620. This property is ideal for investors seeking a well-positioned, high-traffic commercial space in a thriving Chicago neighborhood. The building's drive-thru functionality caters to the modern consumer's preference for quick and convenient service. The substantial land area provides ample space for potential expansion or future development. This is a rare opportunity to acquire a well-established commercial property in a prime location with strong growth potential.

Property profile

Verified
Property type Restaurants
Total area 2,515 SF
Lot 4 ac (174,240 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

7508 Lafayette Ave Chicago, IL 60620
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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