2508 Higgins Rd Hoffman Estates, IL 60169

This exceptional investment opportunity presents a single-tenant, free-standing Steak 'n Shake restaurant located at 2508 W Higgins Rd, Hoffman Estates, IL 60169, within Cook County. Built in 1997, this 3,750 square foot building sits on a 49,969 square foot lot and boasts 50 parking spaces, catering to the high volume of traffic at this prime intersection in Chicago's northwest suburbs. The property is zoned B-2 (Community Business District) and features a drive-thru. The current tenant, Steak 'n Shake, has occupied the premises since 1998, providing a strong history of consistent occupancy under a triple-net (NNN) lease. The property generates a substantial net operating income (NOI) of $125,337, making it an attractive investment with a strong return potential. The asking price is $2,100,000. This is a single-story building offering a stable, long-term investment opportunity in a high-demand location. The lease is renewable, ensuring continued income stream. This is a rare chance to acquire a well-established, profitable QSR property in a thriving suburban market.