Property profile

7508 Lafayette Ave Chicago, IL 60620

OFF-MARKET
Retail properties & Spaces
2,515 SF
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Property summary

AI-generated overview

This exceptional 2,515 square foot freestanding restaurant building presents a lucrative investment opportunity. Ideally situated at 7508 S Lafayette Ave in Chicago, Illinois, 60620, this Cook County property boasts a substantial 17,424 square foot lot. Its prime location offers unparalleled visibility and accessibility, directly adjacent to a Popeye's restaurant and benefiting from the high daily traffic volume generated by nearby Walgreens and Aldi. The building's strategic placement next to the I-94 interchange ensures convenient access for commuters and customers traveling on the interstate, maximizing exposure to a large potential customer base. The "going to work" side of the road location further enhances its appeal. This drive-thru focused QSR building is perfect for a variety of fast-food concepts, capitalizing on the significant foot and vehicle traffic in this bustling area of Chicago. The property's existing infrastructure and convenient location offer immediate operational advantages for a new or expanding business. This is a rare opportunity to acquire a well-positioned, high-traffic commercial property in a thriving market. The property's size and location make it an ideal investment for those seeking a strong return on investment in the Chicago metropolitan area.

Property profile

Verified
Property type Retail properties & Spaces
Total area 2,515 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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