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For Sale

7-Eleven Corporate NNN Retail Store (Presently Dark) Leased until 5/30/2030

954 W Monroe St, Chicago, IL 60607

954 W Monroe sits at the lighted intersection of Monroe and Morgan Streets in the heart of the trendy West Loop of downtown Chicago. The Residence at 950 W. Moroe is a 101-unit upscale condo building built in 2005.SVN is pleased to present the exclusively listed Single-Tenant NNN Corporate leased 7-Eleven property presently dark, a street-level, 2,518 square feet condo unit. Located at the lighted intersection of Monroe and Morgan. The property is located in Chicago’s West Loop and is adjacent to the hot Fulton Market area. The storefront is located at the base of the 101-unit 950 Monroe condo building. Two (2) interior parking spaces (P-19 & P-20) come with the property. 7-Eleven pays rent for these two parking spaces. 7-Eleven signed a 15-year NNN lease starting in 2005 with 3 five-year options to renew. In 2020, 7-Eleven entered into negotiations with the present owner to exercise its first 5-year option. The Tenant in 2024 exercised its 2nd 5-year extension, which brings the lease term to May 31, 2030. In September of 2024, 7-Eleven decided to close this store along with 500 other stores.

Key features

  • Corporate NNN lease
  • Great downtown Chicago West Loop location in 101-unit constructed condo building built in 2005
  • Investment Grade Tenant rated A and Baa2
  • Located at the lighted corner of Monroe and Morgan
  • No Gas Station Component involved
  • Store is presently dark with rent payable until May of 2030
  • Tenant exercised its 2nd 5-year extension in June of 2024
  • Tenant Leases 2 indoor heated parking spaces
  • Tenant pays Condo Association dues, Real Estate taxes, and all utilities
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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Contacts

broker
Nicholas Manganais

SVN | Chicago Commercial

Building Details

  • For Sale $1,300,000
  • Property Type Retail - Street Retail
  • Property Size 2,518 SF
  • Units 2
  • Property Tenancy Single Tenant
  • Year Built 2005
  • Date Updated May 8, 2026

Attachments

  • Property Brochure 1 ()opens in new window

Getting Around

  • Walk Score ®

    Walker's Paradise (98)
  • Transit Score ®

    Excellent Transit (87)
  • Bike Score ®

    Biker's Paradise (93)
Powered by Walk Score ®

Location

  • City Chicago, IL
  • Neighborhood Near West Side
  • Zip Code 60607
  • Market Chicago
  • Map
  • Street

Points of Interest

Morgan

0.36 miles

UIC-Halsted (Peoria Street)

0.36 miles

UIC-Halsted (Halsted Street)

0.41 miles

Clinton

0.65 miles

Grand

0.78 miles

Quincy

0.94 miles

Uber Tent

1.01 miles

Merchandise Mart

1.08 miles

Harold Washington Library-State/Van Buren

1.21 miles

Volta

0.25 miles

Blink ParkChip Garage - 1035 Van Buren

0.27 miles

Blink

0.27 miles

Electrify America

0.30 miles

Marathon

0.69 miles

BP

0.83 miles

Citgo

0.87 miles

Tesla Supercharger

0.99 miles

ChargePoint

1.03 miles

UIC Lot 8

0.31 miles

120 N. Racine Parking Lot D

0.34 miles

120 N. Racine Parking Lot A

0.34 miles

The Site

0.38 miles

UIC Lot 11

0.41 miles

Harrison Street Parking Structure

0.42 miles

Park 1

0.45 miles

Presidential Towers Garage

0.46 miles

UIC Lot 1A

0.49 miles

Wild Fork

0.22 miles

Target

0.29 miles

Whole Foods Market

0.29 miles

H Mart

0.43 miles

Metro Spice Mart

0.49 miles

Chicago French Market

0.62 miles

Jewel-Osco

0.66 miles

The Maxwell

1.00 miles

Burlington

1.01 miles

954 W Monroe St Listing Summary

  • What is the asking price at 7-Eleven Corporate NNN Retail Store (Presently Dark) Leased until 5/30/2030?

    7-Eleven Corporate NNN Retail Store (Presently Dark) Leased until 5/30/2030 is currently listed for sale at Contact for pricing.

  • What is the total size of 7-Eleven Corporate NNN Retail Store (Presently Dark) Leased until 5/30/2030?

    7-Eleven Corporate NNN Retail Store (Presently Dark) Leased until 5/30/2030 has a total of 2,518 square feet.

  • What is the year built for 7-Eleven Corporate NNN Retail Store (Presently Dark) Leased until 5/30/2030?

    The year built for 7-Eleven Corporate NNN Retail Store (Presently Dark) Leased until 5/30/2030 is 2005.

Contact Listing Broker
broker
Nicholas Manganais

SVN | Chicago Commercial

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