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5222 W Touhy Ave
Skokie, IL 60077

$2,380,952 USD

Fast Food For Sale  •  2,000 SF

Property Details

• Property Type Fast Food
• Total Building Size 2,000 SF
• Lot Size 0.38 AC
• Building Class B
• Year Built 2024
• Cap Rate 5.25 %
• Tenancy Single

41 Transit Score

73 Walk Score

Highlights

Outstanding suburban demographics | 175,000 people within a 3-mile radius and $137,850 average household incomes within a 1-mile radius.

Ideal 1031 exchange opportunity | The offering is ideal for an investor seeking stable passive income from a truly management free asset.

Located in the 3rd largest metro in the United States.

Irreplaceable real estate surrounded by nation’s largest retailers including Target, Costco, Walmart, Dick’s Sporting Goods, Best Buy and more.

38,000 vehicles per day on Touhy Avenue.

New 20-year NNN lease

Property Flyers

Popeye's - Skokie, IL - MB

Cap Rate:

5.25 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Popeyes	2,004 SF	1/1/2045

Public Transportation

Commuter Rail	Drive	Walk	Distance
Edgebrook Station (Milwaukee District North Line - Northeast Illinois Regional Commuter Railroad (Metra))	3 min	-	1.3 mi
Morton Grove Station (Milwaukee District North Line - Northeast Illinois Regional Commuter Railroad (Metra))	6 min	-	2.5 mi
Airport	Drive	Walk	Distance
Chicago O'Hare International	18 min	-	9.6 mi
Chicago Midway International	30 min	-	17.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes