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    606 E Lincolnway Morrison, IL 61270

    For Sale
    $1,427,000

    Retail building with McDonald's and Liquor Land tenants for sale.

    Property size:
    4,728 SF
    Lot size:
    0.73 Acres

    Property Features for 606 E Lincolnway

    General Information

    Size
    4,728 SF
    Lot size
    0.73 Acres

    Source: Marcus & Millichap | Dallas Agent Sam Noe

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

    Overview

    McDonald's Dual Tenant Retail Building

    This 4,728 square foot retail building is situated on a 1.04-acre lot. The property features a dual-tenant setup, with McDonald's as one of the tenants. McDonald's lease includes 12% rent increases at each five-year option, with the next increase scheduled for the renewal option in March 2027. Seven five-year renewal options remain. Liquor Land recently signed a new five-year lease for the adjacent space next to McDonald's, with two five-year renewal options beginning on May 28, 2029. The property benefits from shared access with a Casey's Gas Station. The location offers premiere visibility on US-30. The retail corridor includes a Dollar General in the top 11% nationally with 191,000 visits and a Dairy Queen with 142,000 visits. McDonald's is in the top 7% of most visited restaurants in a 30-mile radius.
    Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Morrison
    County
    Whiteside
    State
    Illinois
    Longitude
    -89.975815
    Latitude
    41.81319

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    FAQs

    What type of property is this?
    Drive through restaurant - Retail building with McDonald's and Liquor Land tenants for sale.
    Where is this drive through restaurant located?
    The property is located at 606 E Lincolnway Morrison, IL.
    What is the asking price?
    The asking price for this property is $1,427,000.
    What are key features of this property?
    This property features: - Rare fee simple McDonald's dual tenant building with minimal landlord responsibilities; - McDonald's in top 7% of most visited restaurants with premiere visibility; - Rare 12% rent increases at each McDonald's option, next in March 2027
    (972) 755-5200
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    606 E Lincolnway Morrison, IL 61270
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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
    606 E Lincolnway Morrison, IL 61270
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