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    207 S Halsted St Chicago Heights, IL 60411

    For Lease
    Contact for pricing

    Recently renovated drive-thru restaurant space available for lease.

    Property size:
    2,306 SF
    Lot size:
    1.08 Acres

    Property Features for 207 S Halsted St

    General Information

    Size
    2,306 SF
    Lot size
    1.08 Acres

    Source: CRER Agent Nate Gautsche, CCIM

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

    Overview

    Remodeled Drive-Thru Opportunity

    This is a rare opportunity to take over a long-term lease in a newly remodeled drive-thru in Chicago Heights. The 2,306-square-foot standalone drive-thru, fully renovated in 2019, is situated on a 1.10-acre lot. It features direct access to the main corridor, which sees over 22,000 vehicles per day. The property offers excellent visibility and placement, with 25 parking spots and an 8-car drive-thru stack. This opportunity is essentially a new build at a rent basis and delivery timeline that cannot be matched in today’s market.
    Location Intelligence

    Current Use by Public Records

    Arby's Fast Food Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago Heights
    County
    Cook
    State
    Illinois
    Longitude
    -87.6352871
    Latitude
    41.5269374

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    FAQs

    What type of property is this?
    Drive through restaurant - Recently renovated drive-thru restaurant space available for lease.
    Where is this drive through restaurant located?
    The property is located at 207 S Halsted St Chicago Heights, IL.
    What are key features of this property?
    This property features: - Long-term lease opportunity in a newly remodeled drive-thru.; - **Fully gut renovated in 2019, essentially a new build.**; - Standalone 2,306 sf drive-thru on 1.10 acres.
    (312) 925-2521
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    207 S Halsted St Chicago Heights, IL 60411
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    Chicago Heights, IL 60411
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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
    207 S Halsted St Chicago Heights, IL 60411
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