Drive-Through Restaurant
New
For Sale
Contact for pricing
520 S Sutton Rd, Streamwood, IL 60107
Absolute NNN lease structure eliminates landlord maintenance responsibilities.
Property Size2,971 SF
Price / SF$563.11
Days on Market7
Property Features for 520 S Sutton Rd
General Information
Standard status
Active
Size
2,971 SF
Property subtype
RETAIL
Site & Location
Drive-Thru
Yes
Highway Access
Yes
Road Access
Yes
Listing Agency:
STREAM Capital Partners
(314) 324-8792
Listed By:
Adam English · License #475152062
(256) 694-9803
Source:
Moodyscre
Added: Jul 31
Changed: Aug 2
Last Checked: Aug 6 at 6:18AM
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 STREAM Capital Partners
Investment Insights
Based on property information with market context.
The property is a 2,971-square-foot drive-through restaurant building at 520 S Sutton Rd in Streamwood, Illinois. Its operating configuration includes a drive-through, supporting a quick-service restaurant format and providing a defined customer-access feature.
Sutton Road, also identified as Illinois Route 59, serves as a north-south arterial through the Chicago suburbs. The property is positioned within a retail cluster anchored by Target and complemented by Panera, Wendy’s, Starbucks, Chipotle, Bank of America, and Taco Bell. Streamwood is part of the Chicago MSA, with more than 80,000 residents and an average household income of $110,000 within 3 miles.
The lease is structured as absolute NNN, with no landlord maintenance responsibilities identified in the property information.
Sutton Road, also identified as Illinois Route 59, serves as a north-south arterial through the Chicago suburbs. The property is positioned within a retail cluster anchored by Target and complemented by Panera, Wendy’s, Starbucks, Chipotle, Bank of America, and Taco Bell. Streamwood is part of the Chicago MSA, with more than 80,000 residents and an average household income of $110,000 within 3 miles.
The lease is structured as absolute NNN, with no landlord maintenance responsibilities identified in the property information.
Key Highlights
- 2,971‑square‑foot drive‑through restaurant building
- Absolute NNN lease with no landlord maintenance responsibilities
- Located on Sutton Road, also designated Illinois Route 59
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$49,735
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.97%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$994,700
$994.7K
Cap Rate 7%
$710,500
$710.5K
Cap Rate 9%
$552,611
$552.6K
Market Conditions
NOI Build-Up for 2,971 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$71.3K $24.00/SF
− Vacancy
−$5.0K −$1.68/SF
EGI
$66.3K $22.32/SF
− OpEx
−$16.6K −$5.58/SF
NOI
$49.7K $16.74/SF
Area
Cook County, IL
Vacancy
7.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$994,700
Cap Rate 7%
$710,500
Cap Rate 9%
$552,611
Alternative Uses
Best Use
Specialty Retail
$710.5K
$621.7K – $828.9K
NOI $49,735 @ 7.0% cap · market cap 2.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.03M
$897.5K – $1.20M
NOI $71,803 @ 7.0% cap · market cap 4.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
278
Businesses Nearby
265k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 37%
Superstores 28%
Apparel 19%
Shops & Services 13%
Target
Superstores
75,051 visits/mo
0.3 miles
Marshalls
Apparel
35,553 visits/mo
0.4 miles
Wendy's
Dining
19,532 visits/mo
0.2 miles
Panera Bread
Dining
17,657 visits/mo
0.3 miles
Chase Bank
Shops & Services
15,030 visits/mo
0.3 miles
Demographics for 60107, IL
39,535
Population
13,476
Households
2.9
Avg Household Size
39
Median Age
29%
College-Educated
87%
High-School Grad
7.7 sq mi
ZIP Area
5,134
Density / Sq Mi
$101,017
Median Household Income
$45,032
Median Earnings
$1,849
Median Rent
$258,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Absolute NNN lease structure eliminates landlord maintenance responsibilities.
Where is this drive through restaurant located?
The property is located at 520 S Sutton Rd Streamwood, IL.
What is the asking price?
The asking price for this property is $1,673,000.
What are key features of this property?
This property features: 2,971‑square‑foot drive‑through restaurant building; Absolute NNN lease with no landlord maintenance responsibilities; Located on Sutton Road, also designated Illinois Route 59
