Home Details for 2508 W Higgins Road

Price

$1,599,000

Type

Commercial Sale

Bedrooms

Bathrooms

Square feet

NaN

Year built

1997

County

Cook

Garage

Days on site

137

MLS Listing#

12360330

Property Description

PROPERTY HIGHLIGHTS * NNN Lease * NOI * National Tenant * 44K SF Lot * Drive-Thru * 5K SF Building * Parking for 50+ * High-traffic National tenant (Steak 'n Shake) in place since 1998 offers great stability in a high-traffic intersection of Chicago's northwest suburbs. LAND AND BUILDING FOR SALE. Lease with a long-term tenant in place with no reason to think they won't continue. Lease renewal every 5 years - next renewal July 2026 Tenant has been in place since property was built in 1999 In 2036 Terms can be renegotiated Income: $10,477.79 Per Month - Annual Income $125,733.48 True NNN lease - even when expenses go up the NNN covers everything.

Property Features

Cooling Information
- Central Air

Listing Courtesy: Berkshire Hathaway HomeServices Chicago - 312-944-8900

Based on information submitted to the MLS GRID as of 2025-09-03 20:49:26. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: 2025-09-03 20:49:26

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Median Square Feet

Market statistics compiled from data from Midwest Real Estate Data.

EXIT REALTY 365

22000 North Pepper Rd, Barrington, IL 60010

Office

847 842 2200

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Home Details for 2508 W Higgins Road

Cooling Information