Property profile

25445 Pheasant Ln Channahon, IL 60410

OFF-MARKET
Commercial real estate
Property ID
US28-2553174
27,448 SF 3.35 ac lot Built 2005
Trust Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1200-square-foot retail space, located at 25445 Pheasant Lane in Channahon, Illinois, 60410, presents a fantastic opportunity for a restaurant operator. The property is a single-tenant space within a shopping center, offering immediate access to a thriving retail environment. The space is a second-generation restaurant, meaning it comes fully equipped with essential commercial kitchen infrastructure. This includes a pre-installed hood system, a grease trap, and a triple-compartment washbasin, significantly reducing initial setup costs and time. The property benefits from its strategic location within a rapidly developing retail area. Recent additions to the immediate vicinity include new establishments such as Starbucks, Tractor Supply, and O'Reilly Auto Parts, all of which have opened within the past year, indicating strong commercial growth and high consumer traffic in the area. This prime location ensures high visibility and accessibility for potential customers. The property is ready for immediate occupancy, making it an ideal choice for restaurateurs seeking a turnkey solution in a high-growth market. The property's address is easily accessible and well-suited for both dine-in and take-out operations. This is a rare opportunity to establish a restaurant in a vibrant and expanding retail hub.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2005
Total area 27,448 SF
Lot 3.35 ac (145,926 SF)
APN 03-13-353-005
UPID US28-2553174

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Insurance Agency
  • Real Estate Agency
  • Dental Office
  • Hotel & Motel Resort

Location

25445 Pheasant Ln Channahon, IL 60410-8838
Channahon metro Census 103 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.08M
Blend (final) Blend
$590k

Owner & transaction history

4 recorded transactions
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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