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Drive-Thru Restaurant Investment
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7460 Barrington Rd, Hanover Park, IL 60133

Single-tenant Checkers drive-thru property on Barrington Road with recently signed long-term lease.

Property SizeContact for details
Days on Market144

Property Features for 7460 Barrington Rd

General Information

Standard status Active
Property subtype Retail

Additional Details

Traffic Count 28,200 vehicles/day

Building Details

Tenancy Single
Listing Agency: The Boulder Group
Listed By: Randy Blankstein · License #IL 471005983
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 7:53PM

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 The Boulder Group

Investment Insights

Based on property information with market context.

This offering presents a single-tenant Checkers drive-through restaurant property. The recently signed ten-year lease includes 10% rental escalations every five years, along with two additional five-year renewal options, and a personal guarantee from the franchisee.

The property is located along Barrington Road with reported traffic of 28,200 vehicles per day and is just off Irving Park Road with reported traffic of 34,600 vehicles per day. It sits in a retail corridor that includes retailers such as Walmart Supercenter, Target, Menards, Home Depot, Jewel-Osco, Kohl’s, and Walgreens. The site is also an outparcel to an LA Fitness-anchored shopping center.

The restaurant is operated by a multi-unit franchisee associated with Checkers, Dunkin’ Donuts, and McAlister’s Deli.

Key Highlights

  • Single‑tenant Checkers drive‑thru property in the Chicago MSA (Hanover Park, IL).
  • Recently signed 10‑year lease with 10% rental escalations every five years and two 5‑year renewal options.
  • Lease includes a personal guarantee from the franchisee operating the location.

Property Analytics

Current Use

Smoothie King Specialty Food Shop Checkers Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Skin Care Clinic Parking Lot & Garage Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

28,200 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

652
Businesses Nearby
462k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 43% Dining 27% Home Improvements & Furnishings 18% Groceries 13%
Tony's Fresh Market Groceries
59,323 visits/mo 0.1 miles
Menards Home Improvements & Furnishings
58,598 visits/mo 0.3 miles
Ollie's Bargain Outlet Shops & Services
54,436 visits/mo 0.5 miles
Portillo's Dining
37,263 visits/mo 0.5 miles
McDonald's Dining
33,521 visits/mo 0.1 miles

Demographics for 60133, IL

37,494
Population
11,573
Households
3.2
Avg Household Size
35
Median Age
29%
College-Educated
84%
High-School Grad
8.4 sq mi
ZIP Area
4,464
Density / Sq Mi
$92,263
Median Household Income
$40,743
Median Earnings
$1,478
Median Rent
$260,900
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Single-tenant Checkers drive-thru property on Barrington Road with recently signed long-term lease.
Where is this drive through restaurant located?
The property is located at 7460 Barrington Rd Hanover Park, IL.
What are key features of this property?
This property features: Single‑tenant Checkers drive‑thru property in the Chicago MSA (Hanover Park, IL).; Recently signed 10‑year lease with 10% rental escalations every five years and two 5‑year renewal options.; Lease includes a personal guarantee from the franchisee operating the location.
(847) 562-0003 Call to check price and availability
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