52 W 87th St
Chicago, IL 60620
Corporate Wendy's ground lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- CORPORATE GUARANTEED GROUND LEASE
- RARE 10% RENTAL INCREASE
- BELOW MARKET GROUND RENT - $110K SUBJECT VS 138K NATIONAL AVERAGE
- DAILY TRAFFIC GENERATING ANCHOR - JEWEL-OSCO
- EXCEPTIONAL ACCESSIBILITY + VISIBILITY & HEAVY TRAFFIC
- ARMCHAIR INVESTMENT
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,500 SF
Building Class
B
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.73 AC
Zoning
PD 425
Parking
40 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
66’ on S Lafayette
AMENITIES
- Drive Thru
PROPERTY TAXES
| Parcel Number | 25-04-209-030-0000 | Improvements Assessment | $86,759 |
| Land Assessment | $71,492 | Total Assessment | $158,251 |
