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Popeyes Restaurant Investment Opportunity
For Sale
Contact for pricing
Pending

3340 Sheridan Rd, Zion, IL 60099

Freestanding Popeyes restaurant on 1.58-acre parcel for sale.

Property Size2,163 SF
Lot Size1.58 Acres
Days on Market312

Property Features for 3340 Sheridan Rd

General Information

Standard status Pending
Size 2,163 SF
Lot size 1.58 Acres
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $160,000

Building Details

Year Built 2023
Stories 1
Tenancy Single
Listing Agency: Northmarq - Chicago
Listed By: Isaiah Harf · License #IL 471019332
Source: Crexi
Added: Oct 13, 2025 Changed: Aug 8 Last Checked: Aug 20 at 5:12AM

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 Northmarq - Chicago

Investment Insights

Based on property information with market context.

This offering presents the opportunity to acquire a fee simple interest in a Popeyes property located in Zion, IL. The property features a 2,163-square-foot freestanding retail building situated on a 1.58-acre parcel of land. Popeyes operates under a new 20-year absolute net lease, presenting a passive investment asset. The lease incorporates 7.50% rental escalations every five years throughout the base and option terms.

Key Highlights

  • Brand new 20‑year absolute net lease provides a passive investment
  • 7.50% rental escalations every five years throughout the lease term, hedging against inflation
  • New construction (2023) minimizes potential maintenance costs

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Building Supply Big Box & Wholesale Store Restaurant

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

182
Businesses Nearby
73k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 68% Shops & Services 32%
McDonald's Dining
18,164 visits/mo 0.3 miles
Culver's Dining
14,054 visits/mo 0.1 miles
Dollar Tree Shops & Services
11,250 visits/mo 0.0 miles
Wendy's Dining
10,228 visits/mo 0.1 miles
Beach Park #1 Shops & Services
10,126 visits/mo 0.2 miles

Demographics for 60099, IL

31,579
Population
12,085
Households
2.6
Avg Household Size
36
Median Age
16%
College-Educated
86%
High-School Grad
22.6 sq mi
ZIP Area
1,397
Density / Sq Mi
$65,647
Median Household Income
$36,541
Median Earnings
$1,131
Median Rent
$190,300
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?
Drive through restaurant - Freestanding Popeyes restaurant on 1.58-acre parcel for sale.
Where is this drive through restaurant located?
The property is located at 3340 Sheridan Rd Zion, IL.
What is the asking price?
The asking price for this property is $2,666,666.
What are key features of this property?
This property features: Brand new 20‑year absolute net lease provides a passive investment; 7.50% rental escalations every five years throughout the lease term, hedging against inflation; New construction (2023) minimizes potential maintenance costs
(312) 777-2437 Call to check price and availability
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