Absolute NNN Ground Lease Wendy's in Chicago - 7031 S Western Ave

Chicago, IL 60636

• NNN Property
• Retail for Sale
• $2,344,742 CAD
• 3,485 SF

Chicago Retail for Sale - South Chicago

This offering presents a rare opportunity to acquire a low price point absolute NNN ground lease providing truly passive, management-free ownership with secure in-place cash flow. The asset is leased to Wendy’s, a globally recognized quick-service restaurant brand operating more than 7,000 locations worldwide, offering a strong tenant profile and long-term stability. As a drive-thru QSR, the property benefits from one of the most sought-after sectors in the net lease market, driven by consistent consumer demand, resilient performance, and strong investor appetite. Strategically located along the heavily trafficked Western Avenue corridor in Chicago, the site offers excellent visibility and access to dense surrounding neighborhoods. The property is further supported by a highly populated trade area, with approximately 700,000 residents within a five-mile radius, providing a deep and diverse customer base that drives consistent foot traffic and long-term performance. Illinois Broker of Record: Steven Weinstock One Mid America Plaza, Ste. 200 Oakbrook Terrace, IL 60181 P: (630) 570-2200 Steven.Weinstock@MarcusMillichap.com Lic #: 471.011175

Contact:

NNN Investment Group of Marcus & Millichap

Property Subtype:

Fast Food

Date on Market:

2026-07-21

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6301 S Kedzie Ave

Chicago, IL 60629

• NNN Property
• Retail for Sale
• $5,379,114 CAD
• 14,029 SF

Chicago Retail for Sale - South Chicago

Network Property Management is pleased to exclusively present for sale a single tenant, net-leased Walgreens property strategically located on the southwest side of Chicago. The asset occupies the highly visible northeast corner of 63rd Street & Kedzie Avenue, a prominent hard-corner position at a fully signalized four-way intersection. The property is improved with a +/-14,029 square-foot freestanding building situated on an approximately +/-39,558 square-foot site, offering excellent frontage, access, and visibility. The intersection benefits from strong traffic volumes of approximately 33,000 vehicles per day, providing consistent consumer exposure and reinforcing the location’s long-term retail viability. Walgreens has successfully operated at this location since its original construction in 2001 and recently demonstrated its continued commitment to the site by extending its lease through January 2029. The lease structure offers a passive investment profile, with landlord responsibilities limited to roof and structural components, making this an attractive opportunity for investors seeking stable, long-term income backed by a nationally recognized credit tenant.

Contact:

Network Commercial Real Estate, llc.

Property Subtype:

Freestanding

Date on Market:

2026-05-06

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Walgreens - 5555 W 79th St

Burbank, IL 60459

• NNN Property
• Retail for Sale
• $10,592,886 CAD
• 14,833 SF

Burbank Retail for Sale - Near South Cook

11+ years remaining on initial lease term. Strong store. Rare opportunity to acquire a highly desirable Walgreens absolute net investment property located in the southwest Chicago suburb of Burbank. New building with modern design and a drive-thru pharmacy. Located on an incredible corner with amazing visibility and traffic, counting 50,000 + vehicles passing daily. The surrounding area is densely populated and less than three miles from Chicago's Midway International Airport.

Contact:

CRE Advising LLC

Property Subtype:

Freestanding

Date on Market:

2026-05-05

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Meineke Car Care - 6112 & 6154 W 111th St

Chicago Ridge, IL 60415

• NNN Property
• Retail for Sale
• $1,988,893 CAD
• 2,242 SF

Chicago Ridge Retail for Sale - Near South Cook

SRS National Net Lease Group, LP is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Meineke Car Care Center investment property located in Chicago Ridge, Illinois. The tenant, Meineke Car Care Center (Marcor LLC) signed a 15 year lease with 13 Years remaining and 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor.

Contact:

SRS National Net Lease

Property Subtype:

Auto Repair

Date on Market:

2026-04-22

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Taco Bell (Ground Lease) - 7906 S Western Ave

Chicago, IL 60620

• NNN Property
• Retail for Sale
• $2,131,646 CAD
• 2,241 SF

Chicago Retail for Sale - South Chicago

CIRE Partners, in cooperation with Continental Real Estate Group, is pleased to present for sale the single tenant net lease Taco Bell in Chicago, Illinois. The property operates under a 25-year NNN ground lease with approximately 18 years remaining and four, 5-year renewal options. The investment offers qualified buyers a well-located asset in a dense urban-infill major market with a below market rent, long-term stable income and fixed rental increases. This is an ideal opportunity to acquire a management-free investment backed by a nationally recognized quick-service restaurant brand that is "best-in-class" in the Mexican food category.

Contact:

CIRE Partners

Property Subtype:

Freestanding

Date on Market:

2026-04-13

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Checkers - 6705 S Halsted St

Chicago, IL 60621

• NNN Property
• Retail for Sale
• $1,380,563 CAD
• 1,900 SF

Chicago Retail for Sale - South Chicago

Surmount is pleased to present the exclusive listing for a Checkers located at 6705 South Halsted Street, Chicago, IL 60621. The site consists of roughly 1,900 rentable square feet of building space on an estimated .35-acre parcel of land. Checkers is subject to a 15-year ground (NNN) lease, which commenced 04/7/2014. The current annual rent is $74,070 and has scheduled increases of 10.00% Every 5 Years.

Contact:

Surmount

Property Subtype:

Fast Food

Date on Market:

2026-04-01

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Roseland Retail Center - 66 E 103rd St

Chicago, IL 60628

• NNN Property
• Retail for Sale
• $2,758,520 CAD
• 19,919 SF

Chicago Retail for Sale - South Chicago

Great Value Add Opprtunity. +/-20,000sf Retail Center on a +/-51,000sf site. The center is Anchored by Chase Bank in the 4,015sf eastern end unit n and Autzone in the 7,507sf western end unit. All leases are triple net. The inline space in the middle is 8,406sf. It was formerly occupied by Family Dollar. t. NOI at 100% occupancy based on current market rents in the area is estimated to be approximately $243,000-$250,000/yr. potentially generating a 9.26% cap rate.

Contact:

Network Commercial Real Estate, llc.

Property Subtype:

Storefront Retail/Office

Date on Market:

2026-03-20

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Take 5 Oil Change - 10901 S Cicero Ave

Oak Lawn, IL 60453

• NNN Property
• Retail for Sale
• $3,448,150 CAD
• 1,800 SF

Oak Lawn Retail for Sale - Near South Cook

SRS Real Estate Partners-Midwest, LLC is pleased to offer the opportunity to acquire a leased fee interest (land ownership) in an absolute NNN leased, Take 5 Oil investment property located in Oak Lawn, Illinois. The tenant, TWO Oil 5, LLC signed a 15-year lease with 6 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor.

Contact:

SRS National Net Lease

Property Subtype:

Auto Repair

Date on Market:

2026-02-12

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