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Leased Restaurant with Major Road Visibility
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870 N Meacham Rd, Schaumburg, IL 60173

Fee-simple sale of a newly-leased Fat Rosie’s Taco & Tequila Bar on a major corridor with 32,000 VPD.

Property SizeContact for details
Days on Market132

Property Features for 870 N Meacham Rd

General Information

Standard status Active
Property subtype Retail
Listing Agency: JLL - New York City, New York
Listed By: Alex Geanakos · License #IL: #475.189621
Source: Crexi
Added: Apr 11 Changed: Aug 14 Last Checked: Aug 14 at 7:33AM

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 JLL - New York City, New York

Investment Insights

Based on property information with market context.

JLL is pleased to offer for sale the fee-simple interest in Fat Rosie’s Taco & Tequila Bar (the “Property” or “Asset”) in Schaumburg, Illinois, approximately 30 miles from downtown Chicago. The Asset is newly leased with a ten-year primary term, and the lease is guaranteed by Francesca’s Restaurant Group.

The Property is positioned within the Schaumburg retail-office market and benefits from visibility along North Meacham Road, which is reported at 32,000 VPD. The surrounding office market supports a daytime population of over 36,000 within a one-mile radius.

Francesca’s Restaurant Group is described as a large restaurant operator with 29 locations across six concepts in three states. The offering notes minimal landlord responsibilities associated with the lease.

Key Highlights

  • Fee‑simple sale of a newly‑leased Fat Rosie’s Taco & Tequila Bar in Schaumburg, IL.
  • Located on North Meacham Road with 32,000 VPD traffic count.
  • Daytime population of over 36,000 within a one‑mile radius.

Property Analytics

Current Use

Fat Rosie's Taco ... Restaurant

Suggested Use

Top Pick Garden Center Daycare Center Veterinary Clinic (Bike/Boat/Book/etc) Store Grocery & Convenience Store Plumbing 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

2,572
Businesses Nearby
515k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Apparel 51% Dining 35% Hotels & Casinos 4% Shops & Services 4%
Nordstrom Apparel
143,649 visits/mo 0.3 miles
JCPenney Apparel
113,425 visits/mo 0.4 miles
Raising Cane's Chicken Fingers Dining
58,289 visits/mo 0.5 miles
Panera Bread Dining
17,773 visits/mo 0.0 miles
Starbucks Dining
17,026 visits/mo 0.2 miles

Demographics for 60173, IL

13,764
Population
6,901
Households
2
Avg Household Size
35
Median Age
67%
College-Educated
97%
High-School Grad
6.4 sq mi
ZIP Area
2,151
Density / Sq Mi
$99,975
Median Household Income
$68,305
Median Earnings
$1,786
Median Rent
$311,200
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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Similar Off Market Nearby

  • Shabu-You Japanese Buffet 1180 Plaza Dr, Schaumburg, IL 60173

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fee-simple sale of a newly-leased Fat Rosie’s Taco & Tequila Bar on a major corridor with 32,000 VPD.
Where is this conventional restaurant located?
The property is located at 870 N Meacham Rd Schaumburg, IL.
What are key features of this property?
This property features: Fee‑simple sale of a newly‑leased Fat Rosie’s Taco & Tequila Bar in Schaumburg, IL.; Located on North Meacham Road with 32,000 VPD traffic count.; Daytime population of over 36,000 within a one‑mile radius.
More about this property
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