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$1,799,000
53 Days On Site
2508 W Higgins RoadHoffman Estates, IL 60169
For Sale|Business|Active
0
Beds
0
Total Baths
3,750
SqFt
$480
/SqFt
1997
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Berkshire Hathaway HomeServices Chicago
Call Now: 847.967.0022
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847.967.0022
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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.
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Listing Snapshot
Price
$1,799,000
Days On Site
53 Days
Bedrooms
N/A
Inside Area (SqFt)
3,750 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
1997
MLS® Number
12360330
Status
Active
Property Tax
$93,502.1
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 months ago | Listing updated with changes from the MLS® | |
| 2 months ago | Status changed to Active | |
| 2 months ago | Listing first seen on site |
General Features
Number Of Stories
1
Property Sub Type
Business
SqFt Total
3750
Zoning
COMMR
Interior Features
Cooling
Central Air
Flooring
Tile
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Community Features
MLS Area
Hoffman Estates
Township
Schaumburg
Listing Courtesy of MRED as distributed by MLS Grid of Berkshire Hathaway HomeServices Chicago
Based on information submitted to the MLS GRID as of 2025-06-30 11:31 PM UTC. 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 checked: 2025-06-30 11:31 PM UTC
MRED DMCA Copyright Information Copyright © 2025 Midwest Real Estate Data LLC. All rights reserved.
Based on information submitted to the MLS GRID as of 2025-06-30 11:31 PM UTC. 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 checked: 2025-06-30 11:31 PM UTC
MRED DMCA Copyright Information Copyright © 2025 Midwest Real Estate Data LLC. All rights reserved.
Neighborhood & Commute
Source: Walkscore
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