Restaurant
Portillo’s (NASDAQ: PTLO) w/ Double Dr-Thru | Outparcel to the Most Visited Walmart in Illinois
3300 S Cicero Ave, Cicero (Chicago MSA), IL 60804
Listing Price: $5,608,695
Investment Overview
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 infrastructure positions this corridor as one of the most resilient and consistently high-performing commercial environments in the Chicago metropolitan region.
Portillo’s (NASDAQ: PTLO) w/ Double Dr-Thru | Outparcel to the Most Visited Walmart in Illinois
Investment Highlights
- Long Term Corporate Backed NNN Ground Lease Featuring 10% Rental Increases at Year 7 and Each Option. Brand New High Quality Construction - Latest Portillo's Prototype w/ Double Dr-Thru.
- Chicagoland Portillo's AUV is nearly Double any other Portillo's Market AUV. This Location Generates more than $9M in Annual Sales, exceeding the Brand's National Average.
- Extremely Dense Area with over 702k People Residing in a 5-Mile Radius. Chicago is the Cultural Epicenter of the Midwest - 9.5 Million People call the Nation's Third Largest Metro Home.
- Outparcel to the #1 most Visited Walmart in Illinois and the 4th most Visited in the Nation. Walking Distance from Cicero Marketplace - a Community Shopping Center that sees more than 8.9M Visitors Annually and is the #1 most Visited Community Shopping Center in Illinois and Top 1% of most visited Community Shopping Centers in the Nation per Placer.ai.
- Portillo's is a Top-Performing Fast-Casual Leader with 86+ Locations, $730M+ in Annual Revenue and $490M+ Net Worth, Generating Extraordinary $8–$11 Million Average-Unit Volumes and Industry-leading Drive-Thru throughput Supported by a Loyal National Customer Base.
- Proximity to Chicago's Core Employment Hubs and Industrial Clusters - Located Minutes From Major Distribution Centers, Manufacturing Nodes, and Commercial Employment Zones That Generate Substantial Daytime Traffic and Drive Consistent Weekday Demand.
- Strategic Location Near I-55 and I-290 Transportation Corridors - Excellent Regional Connectivity to Major Interstate Systems Enhances Commuter Access, Logistical Convenience, and Broad Trade-area Reach, Strengthening Long-term Location Fundamentals.
- Prime Cicero Retail Corridor Location with Exceptional Daily Traffic - Positioned Along S Cicero Avenue, One of Chicago's Busiest Commercial Arteries with Daily Traffic Counts Exceeding 51k Vehicles, offering Unmatched Visibility and Sustained Demand from Dense Surrounding Residential and Retail Communities.
Exclusively Listed By
Broker of Record
-
Steven D. Weinstock
Senior Managing Director, Market Leader - Chicago
Financing By
Restaurant
Portillo’s (NASDAQ: PTLO) w/ Double Dr-Thru | Outparcel to the Most Visited Walmart in Illinois
Listing Price: $5,608,695
Investment Highlights
- Long Term Corporate Backed NNN Ground Lease Featuring 10% Rental Increases at Year 7 and Each Option. Brand New High Quality Construction - Latest Portillo's Prototype w/ Double Dr-Thru.
- Chicagoland Portillo's AUV is nearly Double any other Portillo's Market AUV. This Location Generates more than $9M in Annual Sales, exceeding the Brand's National Average.
- Extremely Dense Area with over 702k People Residing in a 5-Mile Radius. Chicago is the Cultural Epicenter of the Midwest - 9.5 Million People call the Nation's Third Largest Metro Home.
- Outparcel to the #1 most Visited Walmart in Illinois and the 4th most Visited in the Nation. Walking Distance from Cicero Marketplace - a Community Shopping Center that sees more than 8.9M Visitors Annually and is the #1 most Visited Community Shopping Center in Illinois and Top 1% of most visited Community Shopping Centers in the Nation per Placer.ai.
- Portillo's is a Top-Performing Fast-Casual Leader with 86+ Locations, $730M+ in Annual Revenue and $490M+ Net Worth, Generating Extraordinary $8–$11 Million Average-Unit Volumes and Industry-leading Drive-Thru throughput Supported by a Loyal National Customer Base.
- Proximity to Chicago's Core Employment Hubs and Industrial Clusters - Located Minutes From Major Distribution Centers, Manufacturing Nodes, and Commercial Employment Zones That Generate Substantial Daytime Traffic and Drive Consistent Weekday Demand.
- Strategic Location Near I-55 and I-290 Transportation Corridors - Excellent Regional Connectivity to Major Interstate Systems Enhances Commuter Access, Logistical Convenience, and Broad Trade-area Reach, Strengthening Long-term Location Fundamentals.
- Prime Cicero Retail Corridor Location with Exceptional Daily Traffic - Positioned Along S Cicero Avenue, One of Chicago's Busiest Commercial Arteries with Daily Traffic Counts Exceeding 51k Vehicles, offering Unmatched Visibility and Sustained Demand from Dense Surrounding Residential and Retail Communities.
Investment Overview
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 infrastructure positions this corridor as one of the most resilient and consistently high-performing commercial environments in the Chicago metropolitan region.
Exclusively Listed By
Broker of Record
-
Steven D. Weinstock
Senior Managing Director, Market Leader - Chicago
Financing By
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