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    17505 Halsted St Homewood, IL 60430

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    For Sale
    $2,279,000

    Restaurant property with drive-through and long-term lease.

    Property size:
    4,165 SF
    Lot size:
    14.03 Acres

    Property Features for 17505 Halsted St

    General Information

    Size
    4,165 SF
    Lot size
    14.03 Acres

    Source: SRS Real Estate Partners | Chicago Agent Dan Elliot

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

    Overview

    Halsted Street Restaurant Opportunity

    The subject property, located on Halsted Street in Homewood, IL, is a 4,165 square foot restaurant. The property is operated by FQSR, LLC, a subsidiary of KBP Foods, which operates over 1,100 units of other brands including Taco Bell, Sonic, KFC, and Arby’s. The lease has more than 10 years remaining on the base term, with two 5-year option periods to extend the lease.
    Insight Report Location Intelligence

    Current Use by Public Records

    KFC Chicken Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Homewood
    County
    Cook
    State
    Illinois
    Longitude
    -87.6356701
    Latitude
    41.5714043

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    FAQs

    What type of property is this?
    Drive through restaurant - Restaurant property with drive-through and long-term lease.
    Where is this drive through restaurant located?
    The property is located at 17505 Halsted St Homewood, IL.
    What is the asking price?
    The asking price for this property is $2,279,000.
    What are key features of this property?
    This property features: - Over 10 years remaining on the base lease term.; - Operated by FQSR, LLC, a subsidiary of KBP Foods.; - KBP Foods is one of the largest operators in America with 1,100+ units.
    (312) 972-7978
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    17505 Halsted St Homewood, IL 60430
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    Homewood, IL 60430
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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
    17505 Halsted St Homewood, IL 60430
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