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1850 Army Trail Rd Hanover Park, IL 60103

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For Sale
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NNN leased freestanding Neehee’s Restaurant in Hanover Park, Illinois.

Property size:
4,860 SF
Lot size:
1.51 Acres

Property Features for 1850 Army Trail Rd

General Information

Size
4,860 SF
Lot size
1.51 Acres

Source: SRS Real Estate Partners | Chicago Agent Denis Rusulov

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


Overview

Freestanding NNN Restaurant Investment Opportunity

This is an opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, freestanding Neehee’s Restaurant investment property located in Hanover Park, Illinois (Chicago MSA). The property is 4,860 square feet. The tenant, RYS Foods, LLC, recently exercised its second 3-year option to extend, demonstrating their commitment to the site. The lease features a 4% rental increase at the beginning of the option in October 2025. The lease is NNN with limited landlord responsibilities.
Insight Report Location Intelligence

Current Use by Public Records

NeeHee's (Hanover Park, ... Indian Restaurant

Suggested Use

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

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

Similar Places Nearby

Taj Mahal Indian Restaurant, Angus Catering

Location Insight

  • Map
  • Local Demand
City
Hanover Park
County
Cook
State
Illinois
Longitude
-88.1521907
Latitude
41.9415336

FAQs

What type of property is this?
Restaurant - NNN leased freestanding Neehee’s Restaurant in Hanover Park, Illinois.
Where is this restaurant located?
The property is located at 1850 Army Trail Rd Hanover Park, IL.
What are key features of this property?
This property features: - NNN leased, freestanding Neehee’s Restaurant investment property in Hanover Park, Illinois (Chicago MSA).; - Tenant recently exercised its second 3-year option to extend, demonstrating commitment to the location.; - Lease features a 4% rental increase in October 2025, growing NOI and hedging against inflation.
More about this property
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