17601 Halsted St - Fast Food FOR SALE
Homewood, IL 60430 |
$3,300,000 USD
858-373-3184
17601 Halsted St
Homewood, IL 60430
HIGHLIGHTS
- 15-Year NNN Ground Lease Featuring 7.5% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2026 Construction.
- Highly Accessible Drive-Through Configuration - the Site Benefits from Direct S. Halsted Street Frontage with Strong Ingress and Egress.
- With More than 900 Locations, Raising Cane's Achieved Approximately $5.48 Billion in 2025 Systemwide Sales - a 10.6% Increase Year-Over-Year.
- Immediate Proximity to I-80 and I-294 Interchange - Situated Just South of the I-80/I-294 Interchange, Providing Instant Regional Connectivity.
- Positioned on Homewood's Dominant Retail Corridor - Located on S. Halsted Street - Homewood's Primary Commercial Corridor.
OVERVIEW
Raising Cane’s w/ Dual Dr-Thru | 15-Year NNN Ground Lease | Outparcel to Target & Menard Anchored Power Center | Immediate Proximity to I-80 and I-294 Interchange | Positioned on Homewood's Dominant Retail Corridor | Densely Populated and Affluent Area | Near Wind Creek Casino Chicago Southland - $529M Regional Entertainment Destination | Forbes: Homewood One of the Top Most Livable Metro-Area Suburbs in the Midwest
Illinois Broker of Record: Steven Weinstock | One Mid America Plaza, Ste. 200 Oakbrook Terrace, IL 60181 | P: (630) 570-2200 | Lic #: 471.011175 | Steven.Weinstock@MarcusMillichap.com
FOR SALE DETAILS
PRICE
$3,300,000 USD
PRICE/SF
$1,265 USD /SF
CAP RATE
4.7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
RAISING CANE'S w/ DUAL DR-THRU | NNN GROUND
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding, Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1988
SPRINKLERS
-
PARKING SPACES
43
LAND DETAILS
LAND ACRES
0.73 AC
LAND SF
31,799 SF
ZONING
B-4
APN/PARCEL ID
29-33-100-045-0000
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858-373-3184
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858-373-3184
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