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    2777 Mannheim Rd Des Plaines, IL 60018

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    For Sale
    $3,592,000

    Single-tenant Raising Cane's on NNN ground lease.

    Property size:
    2,818 SF
    Lot size:
    1.60 Acres

    Property Features for 2777 Mannheim Rd

    General Information

    Size
    2,818 SF
    Lot size
    1.60 Acres

    Source: JLL | Miami Agent Alex Sharrin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Raising Cane's Restaurant

    This property features a 2,818 square foot freestanding, single-tenant Raising Cane's restaurant, situated at 2781 Mannheim Road in Des Plaines, Illinois. The property operates under a 15.0-year absolute NNN ground lease, which includes 10.0% rent escalations every 5 years. The lease also provides for five, five-year renewal options, and stipulates zero landlord responsibilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Chicagoland Travel Professionals Non-Profit Organization

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Des Plaines
    County
    Cook
    State
    Illinois
    Longitude
    -87.8838455
    Latitude
    42.0027556

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    FAQs

    What type of property is this?
    Drive through restaurant - Single-tenant Raising Cane's on NNN ground lease.
    Where is this drive through restaurant located?
    The property is located at 2777 Mannheim Rd Des Plaines, IL.
    What is the asking price?
    The asking price for this property is $3,592,000.
    What are key features of this property?
    This property features: - Freestanding, single-tenant Raising Cane's property.; - Located at 2781 Mannheim Road in Des Plaines, Illinois.; - 2,818 square foot building.
    (305) 913-5545
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    2777 Mannheim Rd Des Plaines, IL 60018
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2777 Mannheim Rd Des Plaines, IL 60018
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