13340 Cicero Ave
Crestwood, IL 60445

Northmarq is pleased to offer for sale to qualified investors, the opportunity to purchase a fee simple interest in the Chipotle property located in Crestwood, Illinois (“The Property”). The Property is a 2,370-square-foot freestanding retail building on a 0.92-acre parcel of land. Chipotle has been at this property since 2014, and recently extended their lease early for another 10 years with a 10% rental increase in 2030. This extension demonstrates the strength of the location as well as their long term commitment to the Property. See Lease Abstract for full details.
The Property is located in Crestwood, Illinois, a suburb roughly 18 miles southwest of downtown Chicago. Crestwood is a part of the Chicago metropolitan area, which is the 3rd largest metro in the United States with over 9.6 million residents. Crestwood is conveniently located near several major highways, including U.S. Route 6, Illinois Route 83, and Interstate 294, providing easy access throughout the Chicago metropolitan area. It is also served by Pace bus routes, which offer a convenient option for commuters heading to downtown Chicago and other nearby suburbs. Strategically positioned directly on Cicero Ave (38,300+ VPD) just off of I-294 (133,000+ VPD), the Property benefits from excellent visibility with a direct access point. The Property is also situated in a strong and growing retail corridor with other national retailers including Walmart Supercenter, Target, Menards, Chick-fil-A, Wendy’s, Walgreens, At Home, Kohl’s, Ross, Portillo’s, McDonald’s, Verizon, and a Bitcoin Depot amongst many others.