Portillos Nasdaq Ptlo W Double Drthru Outparcel To… — Sale in Cicero (Chicago Msa), IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Cicero (Chicago Msa), IL 60804

Investment Figures

Cap rate
6.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

The Portillo’s at 3300 S Cicero Avenue is strategically positioned within one of the most dynamic and densely populated regions of the Chicago metropolitan area. As an established inner-ring suburb located just seven miles west of Downtown Chicago, Cicero benefits from exceptional accessibility, robust transportation infrastructure, and a highly active commercial environment that has supported sustained economic stability for decades. The property sits along S Cicero Avenue, a major north–south arterial carrying over 40,000 vehicles per day, connecting the area directly to I-55, I-290, and major regional corridors serving the western and southwestern suburbs. Cicero and the surrounding communities of Berwyn, Stickney, and Chicago’s West Side collectively support a population exceeding 700,000 residents within a five-mile radius, providing one of the densest consumer bases in the Midwest. The region’s demographic profile reflects a strong mix of working families, long-term residents, and stable household income levels that continually support retail, dining, and service-oriented demand. Additionally, the area hosts a significant employment base driven by manufacturing, logistics, distribution, public-sector institutions, and nearby medical centers, generating substantial daytime traffic that reinforces consistently strong restaurant visitation patterns. A major regional anchor, Hawthorne Race Course—located less than one mile away—draws hundreds of thousands of annual visitors for racing, gaming, and large-scale entertainment events, serving as a powerful generator of spillover demand for surrounding retail and dining operators. The property is also situated minutes from Chicago Midway International Airport, further strengthening trade-area depth with traveler, hospitality, and aviation-related activity. Overall, the combination of dense population, diverse employment drivers, exceptional transportation connectivity, and established entertainment and retail infrastru

Market Context

This retail in Cicero (Chicago Msa), IL is listed for sale. It is offered at an approximate 6.0% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Cicero (Chicago Msa), IL — view the full market.

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