Wendy's

11 North Harlem Avenue, Oak Park, IL 60302

  • For Sale $3,450,000
  • 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 Nov 14, 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)

Contacts

broker

Adam Johnson

NAI Hiffman

Location

Getting Around

  • Walk Score ®

    94/100 Walker's Paradise

  • Transit Score ®

    66/100 Good Transit

  • Bike Score ®

    61/100 Bikeable
Powered by Walk Score ®
  • City Oak Park, IL
  • 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

  • Berwyn

    3.28 miles

  • Harlem Avenue

    3.35 miles

  • Riverside

    3.76 miles

  • Kostner

    4.09 miles

  • Hollywood

    4.12 miles

  • Brookfield

    4.46 miles

  • BP

    0.09 miles

  • Exxon

    0.21 miles

  • Thorntons

    0.30 miles

  • Citgo

    0.31 miles

  • Mobil

    0.70 miles

  • Soofa Solar Phone Charger

    1.84 miles

  • ChargePoint

    3.80 miles

  • eVgo

    6.26 miles

  • Tesla Destination Charger

    6.94 miles

  • EVgo

    7.11 miles

  • Holly Court Parking Garage

    0.66 miles

  • Forest Park Park & Ride

    0.74 miles

  • Avenue Parking Garage

    0.75 miles

  • Jewel Osco Lot

    0.88 miles

  • Lot 84

    0.97 miles

  • Lot 46 G

    1.11 miles

  • Lot 57

    1.16 miles

  • Wendy's

    0.00 miles

  • Parky's Hot Dogs

    0.04 miles

  • Chipotle

    0.05 miles

  • Mama Thai

    0.07 miles

  • Al's Grill

    0.10 miles

  • Petra Falafel

    0.19 miles

  • Rosati's

    0.20 miles

  • Jimmy John's

    0.21 miles

  • Subway

    0.22 miles

  • Taco Bell

    0.24 miles

  • Sugar Beet Co-op

    0.47 miles

  • Whole Foods Market

    0.52 miles

  • Target

    0.57 miles

  • Jewel-Osco

    0.71 miles

  • Trader Joe's

    0.71 miles

  • Carnival Grocery

    0.72 miles

  • Ed's Way

    0.86 miles

  • Living Fresh Market

    1.20 miles

  • Pete's Market

    1.25 miles

  • Marshalls

    2.17 miles

Frequently Asked Questions

How much does Wendy's cost?

The space currently listed for sale at Wendy's asks for $3,450,000.

What is the total square footage of Wendy's?

Wendy's totals 3,500 square feet.

When was this property built?

Wendy's was built in 1985.

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Contact Listing Broker

broker

Adam Johnson

NAI Hiffman