3300 Cicero Ave.
Cicero, IL 60804
Portillo's Ground Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 12-Year Absolute NNN Ground Lease, Rental Increases in the Base Term and Options
- Average Unit Sales for Portillo’s is Approximately $8.5 Million, the Highest in the Fast-Casual Industry
- Brand New High-Quality Construction, Latest Prototype with Double Drive-Thru
- Corporate Guaranty (NASDAQ: PTLO) with 72+ Locations in 9 States
- Chicagoland Locations Average Annual Sales Just Shy of $10 Million
- Trophy Location on Oversized 2.8+ Acre Parcel with High Intrinsic Land Value
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
7,796 SF
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.91 AC
PROPERTY TAXES
| Parcel Number | 16-33-220-008-0000 | Improvements Assessment | $227,500 |
| Land Assessment | $468,112 | Total Assessment | $695,612 |
