Property profile & analytics
7122 40th St Stickney, IL 60402-4198
- Commercial real estate
- 942 SF
- 0.14 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-2175169
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- Jewel-Osco Pharmacy / Pharmacy
- Redbox / Cinema / (Bike/Boat/Book/etc) Store
- Jewel-Osco Deli / Food Market / Restaurant
- Jewel-Osco / Bakery / Specialty Food Shop
- Huntington Bank ATM (Walk Up) / Atm
Property Details for 7122 40th St
- Year built
- 1955
- Lot size
- 0.14 lot acres
- Property size
- 942 SF
- Property type
- Commercial real estate
- APN
- 19-06-125-058
- APU
- 1906125058
Description
This exceptional investment opportunity presents a fee-simple ownership of a 59,009 square foot Jewel-Osco grocery store located at 7122 40th St, Stickney, IL 60402. The property sits on a 5.18-acre lot and boasts a strong 100% occupancy rate under a 20-year absolute NNN lease with Albertsons Companies, a credit-rated tenant with a corporate guarantee. The lease commenced on October 30, 2017, and has a remaining term of 13 years, expiring October 30, 2037. Rent increases are built in, with a 7.5% bump every five years. The property features 8 x 5 lease options. Built in 1996 and renovated in 2012, this location offers a compelling investment profile with a Net Operating Income (NOI) of $638,019 and a 5.50% cap rate. The asking price is $11,600,352, translating to a price per square foot of $196.59. This Jewel-Osco store is situated in a highly desirable Chicago suburb, within a densely populated area. The property benefits from incredibly strong store sales and an extremely low rent-to-sales ratio. This is a passive investment opportunity with zero landlord obligations, providing a secure and stable income stream for years to come. The property is located in Cook County, Illinois, within the Chicago Metropolitan Statistical Area.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Stickney
- County
- Cook
- State
- Illinois
- Longitude
- -87.8012
- Latitude
- 41.8197
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$6,970
$16,500
$1,062
$17,562
-
$66,000
$4,248
$70,248
