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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

207 Halsted St Chicago Heights, IL 60411

2,306 SF 1 ac lot Built 2002
Property ID
Property summary
AI-generated overview

This exceptional Class A retail property, located at 207 S Halsted St, Chicago Heights, IL 60411, presents a rare opportunity. The 2,306 square foot building, situated on one acre of land, boasts a single-tenant occupancy and a highly desirable quick-service restaurant (QSR) configuration complete with a drive-thru. Built in 2002 and extensively renovated in 2019, this property offers a modern, efficient layout ideal for a variety of food service businesses. The building features 25 parking spaces and an eight-car drive-thru stack, ensuring ample space for customers. Its strategic location on Halsted Street, near Vollmer Rd, provides excellent visibility and accessibility, benefiting from a high volume of daily traffic exceeding 22,000 vehicles. The B2 zoning allows for a range of uses. Cook County property taxes are $54 per square foot. The property's single-story design and modern amenities make it an attractive investment, offering the benefits of a new build with a significantly faster delivery timeline. This is a turnkey operation ready for immediate occupancy. APN: 32-16-102-020-0000.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2002
Total area 2,306 SF
Lot 1 ac (43,560 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Arby's Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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