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270 E Northwest Hwy, Palatine, IL 60067

Long-term leased Bakers Square restaurant with NNN lease and zero landlord responsibilities at a signalized corner location.

Property SizeContact for details
Days on Market121

Property Features for 270 E Northwest Hwy

General Information

Standard status Active
Property subtype Retail
Listing Agency: Brisky Net Lease
Listed By: Brian Brisky · License #MN 40546562
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 4:18PM

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 Brisky Net Lease

Investment Insights

Based on property information with market context.

Brisky Net Lease presents a long-term leased Bakers Square restaurant with an NNN lease structure and zero landlord responsibilities. The property is offered as a specialty retail/restaurant asset operated as a Bakers Square location under the existing lease.

The site is positioned on Highway 14 with daily traffic counts exceeding 28,000 vehicles per day and features an excellent, signalized corner location. Palatine is approximately 30 miles northwest of Chicago, providing access to major highways including Interstate 90, Illinois Route 53, and U.S. Highways 12 and 14, with O’Hare International Airport about 14 miles away.

As described in the offering materials, Bakers Square has been a longtime fixture in the community. The parent ownership and management is cited as being under BBQ Holdings, Inc., the parent company of Famous Dave’s BBQ, following the July 2021 transaction involving VIBSQ Holdings.

Key Highlights

  • Long‑term leased Bakers Square restaurant in Palatine, IL.
  • NNN lease structure with zero landlord responsibilities.
  • Located along Highway 14 with daily traffic counts exceeding 28K vehicles per day.

Property Analytics

Current Use

Village Inn (+ Bakers ... Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Bakery Hotel & Motel Travel Agency Pet Grooming Service

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

Location Intelligence

Trade Area within ½ mile

1,009
Businesses Nearby
98k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 56% Shops & Services 34% Home Improvements & Furnishings 9% Beauty & Spa 1%
Wendy's Dining
16,135 visits/mo 0.3 miles
Starbucks Dining
15,404 visits/mo 0.2 miles
Dollar Tree Shops & Services
13,908 visits/mo 0.4 miles
Taco Bell Dining
13,247 visits/mo 0.3 miles
Mutual Ace Hardware Corp Home Improvements & Furnishings
7,880 visits/mo 0.5 miles

Demographics for 60067, IL

39,324
Population
16,039
Households
2.5
Avg Household Size
43
Median Age
59%
College-Educated
96%
High-School Grad
13.0 sq mi
ZIP Area
3,025
Density / Sq Mi
$121,572
Median Household Income
$64,520
Median Earnings
$1,521
Median Rent
$427,900
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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Long-term leased Bakers Square restaurant with NNN lease and zero landlord responsibilities at a signalized corner location.
Where is this conventional restaurant located?
The property is located at 270 E Northwest Hwy Palatine, IL.
What are key features of this property?
This property features: Long‑term leased Bakers Square restaurant in Palatine, IL.; NNN lease structure with zero landlord responsibilities.; Located along Highway 14 with daily traffic counts exceeding 28K vehicles per day.
(612) 413-4200 Call to check price and availability
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