Wendy's

For Sale

11 North Harlem Avenue, Oak Park, IL 60302

This Oak Park property for sale is located at 11 North Harlem Avenue. The current listed sale price for Wendy's is $3,450,000. Wendy's is situated on a lot that is 0.88 acre in size.

Contacts

broker

Adam Johnson

NAI Hiffman

Property Details

  • Property Type Retail - Restaurant
  • Property Size 3,500 SF
  • Lot Size 0.88 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Year Built 1985
  • Date Updated Sep 17, 2024
Located at the prime corner of Harlem Avenue and Madison Street in Oak Park, the subject ground lease is well located on a hard corner with a stoplight making it a desired location for Wendy’s. The site is located just north of the full interchange at Harlem Avenue and I-290 and just west of downtown Oak Park to the west.The ground lease is secured by Wendy’s Corporate (not franchisee) and has been in place since 1985. The ground lease has no landlord responsibilities, tenant pays all expenses, taxes, and maintenance of the site.

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Highlights

  • Single tenant ground lease (no landlord responsibilities)
  • Multiple lease options through 2040
  • Corporate lease
  • Strong re-development potential
  • High traffic counts 34,800 VPD on Harlem Avenue & 13,500 VPD on Madison Street
  • MS Zoning (Madison Street Zoning District)

Attachments

Getting around

  • 94/100

    Walk Score ®

  • 66/100

    Transit Score ®

  • 61/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Oak Park, IL
  • Neighborhood Oak Park
  • Zip Code 60302
  • Market Chicago

Points of Interest

  • Maywood

    1.86 miles

  • Cicero

    3.01 miles

  • 54th/Cermak

    3.14 miles

  • Elmwood Park

    3.15 miles

  • Hollywood

    4.12 miles

  • Central Park

    4.94 miles

  • Summit

    5.87 miles

  • Logan Square

    5.97 miles

  • Logan Square

    6.00 miles

  • California

    6.24 miles

  • BP

    0.09 miles

  • Exxon

    0.21 miles

  • Amstar

    0.70 miles

  • BP

    0.97 miles

  • Mobil

    0.97 miles

  • Shell

    1.01 miles

  • BP

    1.02 miles

  • Shell

    1.06 miles

  • Citgo

    1.08 miles

  • Citgo

    1.17 miles

  • Holly Court Parking Garage

    0.66 miles

  • Forest Park Park & Ride

    0.74 miles

  • Avenue Parking Garage

    0.75 miles

  • Jewel Osco Lot

    0.89 miles

  • Lot 84

    0.97 miles

  • Lot 46 G

    1.11 miles

  • Lot 57

    1.16 miles

  • Concordia University Parking Garage

    1.40 miles

  • West Suburban Hospital Parking Garage

    1.69 miles

  • Visitors Parking

    1.76 miles

  • Wendy's

    0.00 miles

  • Parky's Hot Dogs

    0.04 miles

  • Subway

    0.06 miles

  • New Rebozo Authentic Mexican Dining

    0.07 miles

  • Mama Thai

    0.07 miles

  • Al's Grill

    0.10 miles

  • The Original Pancake House

    0.14 miles

  • Petra Falafel

    0.19 miles

  • Jimmy John's

    0.21 miles

  • Subway

    0.22 miles

  • Sugar Beet Co-op

    0.47 miles

  • Whole Foods Market

    0.52 miles

  • Target

    0.57 miles

  • Trader Joe's

    0.71 miles

  • Jewel-Osco

    0.71 miles

  • Carnival Grocery

    0.71 miles

  • Ed's Way

    0.86 miles

  • Jewel-Osco

    0.93 miles

  • Jewel-Osco

    1.03 miles

  • Living Fresh Market

    1.20 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Adam Johnson

NAI Hiffman