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Drive-Thru Restaurant Ground Lease
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1515 W Dundee Road, Buffalo Grove, IL 60089

Single-tenant Burger King drive-thru with a ground lease structure and 5 years remaining expiring July 6, 2022.

Property Size27,254 SF
Days on Market125

Property Features for 1515 W Dundee Road

General Information

Standard status Active
Size 27,254 SF
Property subtype Retail

Site & Location

Traffic Count 37,000 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Tenancy Single
Listing Agency: The Boulder Group
Listed By: Randy Blankstein · License #IL 471005983
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 12:15PM

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.

A single-tenant Burger King drive-thru restaurant offering with 5 years remaining on the ground lease, which expires July 6, 2022. The location has been in operation for 40 years and features a drive-thru format designed for customer convenience.

The property is positioned along Dundee Road, a primary east-west thoroughfare with reported traffic counts of 37,000 vehicles per day. It is approximately one-half mile east of U.S. Route 53, which has a full access interchange (reported 186,700 vehicles per day), and is described as being within a retail and auto dealer corridor.

Nearby retailers listed include Walmart, Kohl’s, ALDI, Walgreens, and Starbucks, and the site is across from Buffalo Grove High School. The immediate area also includes multiple car dealerships, and HSBC North American Holdings and VTech Electronics North America Headquarters are each described as being less than one-half mile west of the property.

Key Highlights

  • Single‑tenant Burger King drive‑thru on a ground lease in the Chicago MSA (Buffalo Grove, IL).
  • 27,254 SF property; Burger King location has been in operation for 40 years.
  • 5 years remaining on the ground lease, expiring July 6, 2022.

Property Analytics

Current Use

Burger King Restaurant

Suggested Use

Top Pick Real Estate Agency Hair Salon Restaurant Nail Salon Pharmacy Barber Shop

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

37,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

777
Businesses Nearby

Demographics for 60089, IL

43,227
Population
16,551
Households
2.6
Avg Household Size
43
Median Age
67%
College-Educated
97%
High-School Grad
9.8 sq mi
ZIP Area
4,411
Density / Sq Mi
$129,932
Median Household Income
$70,514
Median Earnings
$2,042
Median Rent
$393,000
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 Burger King drive-thru with a ground lease structure and 5 years remaining expiring July 6, 2022.
Where is this drive through restaurant located?
The property is located at 1515 W Dundee Road Buffalo Grove, IL.
What are key features of this property?
This property features: Single‑tenant Burger King drive‑thru on a ground lease in the Chicago MSA (Buffalo Grove, IL).; 27,254 SF property; Burger King location has been in operation for 40 years.; 5 years remaining on the ground lease, expiring July 6, 2022.
(847) 562-0003 Call to check price and availability
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