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    Freestanding NNN Restaurant Investment Opportunity Title is generated by Realmo AI

    1850 Army Trail Rd, Hanover Park, IL

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    NNN leased freestanding Neehee’s Restaurant in Hanover Park, Illinois.

    Type:RETAIL
    Property size:
    4,860 SF
    Lot size:
    1.51 Acres
    Added:
    Mar 14, 2025
    Days on Market:
    459
    Last Refresh:
    May 20 at 9:19 pm

    Property Features for 1850 Army Trail Rd

    General Information

    Standard status
    Active
    Size
    4,860 SF
    Lot size
    1.51 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Denis Rusulov
    Denis Rusulov

    Listing agent Matthew Mousavi License #CA 01732226

    Listing office SRS Real Estate Partners | Chicago

    Listing date Mar 14, 2025

    Source Moodyscre

    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 SRS Real Estate Partners | Chicago

    HighLights

    • NNN leased, freestanding Neehee’s Restaurant investment property in Hanover Park, Illinois (Chicago MSA).
    • Tenant recently exercised its second 3‑year option to extend, demonstrating commitment to the location.
    • Lease features a 4% rental increase in October 2025, growing NOI and hedging against inflation.
    • Fee simple interest (land & building ownership).
    • NNN lease with limited landlord responsibilities.
    • Ideal, low‑management investment opportunity for a passive investor.

    Overview

    This is an opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, freestanding Neehee’s Restaurant investment property located in Hanover Park, Illinois (Chicago MSA). The property is 4,860 square feet. The tenant, RYS Foods, LLC, recently exercised its second 3-year option to extend, demonstrating their commitment to the site. The lease features a 4% rental increase at the beginning of the option in October 2025. The lease is NNN with limited landlord responsibilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    NeeHee's (Hanover Park, ... Restaurant

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop Pharmacy

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

    Similar Places Nearby

    • Taj Mahal Indian Restaurant — 802 W Army Trail Rd, Carol Stream, IL 60188
    • Angus Catering — 1277 Seabury Cir, Carol Stream, IL 60188

    Location Insight

    • Map
    • Local Demand
    City
    Hanover Park
    County
    Cook
    State
    Illinois
    Longitude
    -88.1522
    Latitude
    41.9415

    FAQs

    What type of property is this?
    Restaurant - NNN leased freestanding Neehee’s Restaurant in Hanover Park, Illinois.
    Where is this restaurant located?
    The property is located at 1850 Army Trail Rd Hanover Park, IL.
    What are key features of this property?
    This property features: NNN leased, freestanding Neehee’s Restaurant investment property in Hanover Park, Illinois (Chicago MSA).; Tenant recently exercised its second 3‑year option to extend, demonstrating commitment to the location.; Lease features a 4% rental increase in October 2025, growing NOI and hedging against inflation.
    (312) 279-5320 Call to check price and availability
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