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Highlights

• Tenant: National brand, Steak ’n Shake • Stability: Occupied since 1998, providing long-term security • Location: High-traffic intersection in Chicago’s Northwest Suburbs • Offering: Land and building included in sale

Listing Details

  • Cap Rate

    7.84%

  • Tenancy

    Single

  • Space Type

    retail

  • Sub Category

    fast-food

  • Sale Type

    Investment Sale

  • Date Listed

    9/23/2025

  • Net Operating Income

    $125,286

  • Parking Info

    120 Spaces

  • Building FAR

    0.07

Property Specifics

  • Property Name

    Steak 'n Shake Retail Site | 2508 W Higgins Rd

  • Property Class

    B

  • No of Stories

    1

  • Year Built

    1997

  • Building Size

    3,750 SF

  • Lot Size

    1.15 AC

  • APN

    07-07-100-026-0000

  • Zoning

    B-2 - 5-17 - One-Story, Commercial Building or Area

Property Amenities

Location Amenities

Airport
Commuter Rail