Restaurant Building with
For Sale
Contact for pricing
6300 Lakeside Dr, Plano, IL
Restaurant building featuring a drive-thru, built in 2005.
Property Size3,155 SF
Lot Size1.15 Acres
Price / SF$410.46
Days on Market497
Property Features for 6300 Lakeside Dr
General Information
Standard status
Active
Size
3,155 SF
Lot size
1.15 Acres
Property subtype
RETAIL
Listing Agency:
Dolan & Murphy Inc
(630) 801-8800
Listed By:
Dan J Dolan
(630) 885-5785
Source:
Moodyscre
Added: May 6, 2025
Changed: Jul 6
Last Checked: Sep 13 at 11:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dolan & Murphy Inc
Investment Insights
Based on property information with market context.
This restaurant building, constructed in 2005, features a drive-thru. The property is situated on a busy road, offering high visibility and traffic. It includes large, prominent signage, ensuring good exposure. The location provides close proximity to residential neighborhoods, schools, and commercial areas, potentially ensuring a steady flow of customers. The property includes a large lot with ample parking for both customers and staff. Neighboring businesses include Burger King, Culvers, and Walmart. The property size is 3,155 square feet.
Key Highlights
- High visibility and traffic due to location on a busy road.
- Drive‑thru available.
- Large lot with ample parking.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$52,815
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,056,300
$1.1M
Cap Rate 7%
$754,500
$754.5K
Cap Rate 9%
$586,833
$586.8K
Market Conditions
NOI Build-Up for 3,155 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$75.7K $24.00/SF
− Vacancy
−$5.3K −$1.68/SF
EGI
$70.4K $22.32/SF
− OpEx
−$17.6K −$5.58/SF
NOI
$52.8K $16.74/SF
Area
Kendall County, IL
Vacancy
7.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,056,300
Cap Rate 7%
$754,500
Cap Rate 9%
$586,833
Alternative Uses
Best Use
Specialty Retail
$754.5K
$660.2K – $880.3K
NOI $52,815 @ 7.0% cap · market cap 4.08%
Second Best
Retail
$625.6K
$547.4K – $729.9K
NOI $43,792 @ 7.0% cap · market cap 3.38%
Theoretical Best
Office A
$1.09M
$953.1K – $1.27M
NOI $76,249 @ 7.0% cap · market cap 5.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
124
Businesses Nearby
100k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 62%
Groceries 15%
Dining 10%
Shops & Services 10%
Walmart
Superstores
61,609 visits/mo
0.2 miles
Aldi
Groceries
15,084 visits/mo
0.4 miles
Murphy USA
Shops & Services
9,478 visits/mo
0.1 miles
Dunkin' Donuts
Dining
8,714 visits/mo
0.4 miles
Great Clips
Beauty & Spa
2,302 visits/mo
0.2 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Restaurant building featuring a drive-thru, built in 2005.
Where is this drive through restaurant located?
The property is located at 6300 Lakeside Dr Plano, IL.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: High visibility and traffic due to location on a busy road.; Drive‑thru available.; Large lot with ample parking.
