McDonald’s Drive-Through
For Sale
Contact for pricing
Pending
1200 S Milwaukee Ave, Wheeling, IL 60090
Corporate ground lease with 15.6 years remaining and rent increases scheduled at five-year intervals.
Property SizeContact for details
Days on Market144
Property Features for 1200 S Milwaukee Ave
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
GAIA Real Estate Investments
Listed By:
Erika Carlson · License #CA 01789133
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Sep 1 at 1:37AM
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 GAIA Real Estate Investments
Investment Insights
Based on property information with market context.
This McDonald’s drive-through restaurant comprises a 3,703-square-foot building on a 0.84-acre parcel. The property is subject to a corporate ground lease with 15.6 years remaining and scheduled increases every five years, including the increase dated June 1, 2024.
The site occupies a hard corner at the signalized intersection of Milwaukee Ave. and E. Palatine Rd. in Wheeling, Illinois, with reported traffic of more than 40,000+/- vehicles per day. Its established restaurant use, recognizable occupant, and long-term lease structure define the asset.
The site occupies a hard corner at the signalized intersection of Milwaukee Ave. and E. Palatine Rd. in Wheeling, Illinois, with reported traffic of more than 40,000+/- vehicles per day. Its established restaurant use, recognizable occupant, and long-term lease structure define the asset.
Key Highlights
- McDonald’s corporate ground lease with 15.6 years remaining
- 3,703‑square‑foot drive‑through restaurant building
- 0.84‑acre site at a hard, signalized corner
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
349
Businesses Nearby
54k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 69%
Shops & Services 23%
Hotels & Casinos 5%
Electronics 4%
McDonald's
Dining
29,135 visits/mo
0.1 miles
Dollar Tree
Shops & Services
11,134 visits/mo
0.2 miles
Dunkin' Donuts
Dining
4,645 visits/mo
0.1 miles
Jimmy John's
Dining
2,053 visits/mo
0.1 miles
Boost Mobile
Electronics
1,930 visits/mo
0.2 miles
Demographics for 60090, IL
39,017
Population
15,960
Households
2.4
Avg Household Size
39
Median Age
40%
College-Educated
88%
High-School Grad
9.0 sq mi
ZIP Area
4,335
Density / Sq Mi
$83,449
Median Household Income
$45,436
Median Earnings
$1,578
Median Rent
$243,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Corporate ground lease with 15.6 years remaining and rent increases scheduled at five-year intervals.
Where is this drive through restaurant located?
The property is located at 1200 S Milwaukee Ave Wheeling, IL.
What are key features of this property?
This property features: McDonald’s corporate ground lease with 15.6 years remaining; 3,703‑square‑foot drive‑through restaurant building; 0.84‑acre site at a hard, signalized corner
