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Lou Malnati's Pizzeria - Midway 6456 S Cicero Ave 5,500 SF Retail Building Chicago, IL 60638 $5,461,359 CAD ($992.97 CAD/SF) 6.50% Cap Rate
Investment Highlights
- NN lease investment featuring 3% annual rent escalations
- Proven, high-performing location with strong sales
- Established Chicago institution — the oldest family name in Chicago pizza, continuously operating since 1971
Executive Summary
Established Chicago institution — the oldest family name in Chicago pizza, continuously operating since 1971, with a 4.4-star rating across 3,400+ Google reviews and a full-service offering including bar, dine-in, carryout, delivery, and catering.
Proven, high-performing location with strong sales and a low rent-to-sales ratio, positioned less than one mile from Chicago Midway International Airport.
Prime signalized corner at S. Cicero Avenue and W. 65th Street with 71,200 vehicles per day, surrounded by nearly 2,000 hotel rooms across 10 nationally flagged properties within walking distance.
Exceptional demographics with over 231,000 residents within a 3-mile radius, an average household income of $71,799, and approximately $5 billion in aggregate purchasing power.
Proximity to major transportation hub located near Chicago Midway International Airport, the 13th busiest airport in the U.S., serving over 22 million passengers annually, employing 9,000 people, and generating $8.5 billion in economic impact.
Data Room Click Here to Access
Financial Summary (Actual - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
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-
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| Other Income |
-
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-
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| Vacancy Loss |
-
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-
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| Effective Gross Income |
-
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-
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| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Signalized Intersection
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Accommodation and Food Services
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99,999 SF
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$9.99
-
Lorem Ipsum
-
Jan 0000
Lou Malnati’s Pizzeria is an American Chicago-style pizza restaurant headquartered in Northbrook, Illinois. It was founded by the son of Rudy Malnati, who was instrumental in developing the recipe for Chicago-style pizza. Lou Malnati got his start in the 1940's working in Chicago's first deep dish pizzeria. He took his pizza expertise to Lincolnwood, a northern suburb of Chicago, where he and his wife Jean opened the first Lou Malnati's Pizzeria on March 17, 1971. Lou was known for his fun-loving character as well as making Chicago's best pizza. Loyal patrons lined the streets on opening day for a taste of his delicious deep dish creations. Lou always thought it was funny that an Italian should open a pizzeria in a Jewish neighborhood on an Irish holiday. But that was Lou's style; he loved all types of people and didn't care much about what people thought.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 19-21-211-032-0000 | Improvements Assessment | $51,981 CAD (2025) |
| Land Assessment | $19,352 CAD (2025) | Total Assessment | $71,333 CAD (2025) |
Property Taxes
Presented by
Lou Malnati's Pizzeria - Midway | 6456 S Cicero Ave
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