Investment Overview

Marcus & Millichap is pleased to present a Fifth Third Bank ground lease in the Chicago MSA. This property is an outparcel to a major Kroger grocery store and fuel center. Of the 1,080 Fifth Third Bank locations, this one is the only location within 3.4 miles. It is conveniently located on the hard-corner, “main-on-main,” stoplight intersection of the submarket. The intersection of North Avenue and 25th Avenue sees more than 72,000 vehicles per day. It has unobstructed frontage along 25th Avenue and North Avenue, and is accessible from both. It is situated along a major retail corridor running to/from Downtown Chicago. It is only one mile from Winston Plaza, the destination shopping center for Melrose Park and surrounding communities. Major retailers in close proximity include Jewel-Osco, Target, Costco, Walmart, Sam’s Club, Walgreens, ALDI, Menard’s, XSport Fitness, T.J. Maxx, Cinemark, Raising Cane’s, an Amazon Distribution Center, and More. It is surrounded by a strong infill location. Over 458,000 people live within five miles, 169,000 people work within three miles, and over 10,000 students attend Triton College, which is located 1.6 miles away.