www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33288382
33288383

6300 W N AVE, CHICAGO, IL 60639

CT
IL 475165868
Northmarq - Chicago
IH
IL IL 471019332
Northmarq - Chicago
Listed by Northmarq - Chicago
$3,800,100
11 days on market
Updated 4 days ago

McDonald's

Details
APN 13-32-315-029-0000
Property Type Retail
Sub Type Restaurant
Square Footage 3,965
Cap Rate 4%
NOI $152,004
Tenancy Single
Lease Term 20.1
Lease Expiration 08/31/2046
Remaining Term 20.2
Lease Options 16 x 5 Year
Class A
Year Built 2026
Buildings 1
Stories 1
Acreage 1.090
Lease Commencement 07/29/2026
Ground Lease Yes

Brand-New 20-Year Ground Lease | Investment Grade Tenancy

Marketing description

Northmarq is pleased to present the opportunity to acquire a brand-new McDonald’s ground lease located at 6300 W. North Avenue in Chicago, Illinois. The Property is secured by a new 20-year ground lease with 10% rental increases every five years, sixteen five-year renewal options, and zero landlord responsibilities, providing investors with a passive income stream backed by an investment grade tenant.

Positioned on a rare 1.09-acre urban infill parcel at the signalized hard corner of North Avenue and Mobile Avenue, the Property benefits from 29,300 VPD, multiple access points, and a dual-lane drive-thru. The surrounding trade area features over 35,000 residents and $133,000+ average household income within one mile, supporting strong long-term demand.

Investment highlights

  • Brand-New 20-Year Ground Lease
  • Investment Grade Tenancy & Most Sought-After QSR Operator
  • Exceptional Visibility at Hard Corner Signalized Intersection
  • Irreplaceable Urban Infill Site with Large Parcel & Multiple Points of Access
  • Densely Populated Urban Location in Chicago

Listing Contacts

CT
IL 475165868
Northmarq - Chicago
IH
IL IL 471019332
Northmarq - Chicago
Listed by Northmarq - Chicago

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$152,004.00
$12,667.00/mo

Valuation Metrics

0
DSCR
4%
Cap Rate
4%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Christian Tremblay
License
475165868
Brokerage Phone
3128586725
Brokerage Address
191 North Wacker
Name
Isaiah Harf
License
IL 471019332
Brokerage Phone
773-963-2637
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591