Commercial Real Estate in Chicago available for sale
Chicago Drive Through Restaurants For Sale

Drive Through Restaurants for Sale in Chicago, IL, USA

More details for 1960 N Long Ave, Chicago, IL - Land for Sale

1960 N Long Ave

Chicago, IL 60639

  • Drive Through Restaurant
  • Land for Sale
  • $3,124,462 CAD
  • 1.05 AC Lot
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More details for 5526 Touhy Ave, Skokie, IL - Retail for Sale

2-Tenant Touhy Avenue Retail - 5526 Touhy Ave

Skokie, IL 60077

  • Drive Through Restaurant
  • Retail for Sale
  • $6,263,126 CAD
  • 6,150 SF
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More details for 14121 Doctor Martin Luther King Jr Dr, Dolton, IL - Retail for Sale

14121 Doctor Martin Luther King Jr Dr

Dolton, IL 60419

  • Drive Through Restaurant
  • Retail for Sale
  • $638,952 CAD
  • 2,257 SF
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More details for 5555 W 79th St, Burbank, IL - Retail for Sale

Walgreens - 5555 W 79th St

Burbank, IL 60459

  • Drive Through Restaurant
  • Retail for Sale
  • $10,907,388 CAD
  • 14,833 SF
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More details for 7906 S Western Ave, Chicago, IL - Retail for Sale

Taco Bell (Ground Lease) - 7906 S Western Ave

Chicago, IL 60620

  • Drive Through Restaurant
  • Retail for Sale
  • $2,385,953 CAD
  • 2,241 SF
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More details for 6705 S Halsted St, Chicago, IL - Retail for Sale

Checkers - 6705 S Halsted St

Chicago, IL 60621

  • Drive Through Restaurant
  • Retail for Sale
  • $1,502,784 CAD
  • 1,900 SF
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More details for 4307 N Western Ave, Chicago, IL - Retail for Sale

4307 N Western Ave

Chicago, IL 60618

  • Drive Through Restaurant
  • Retail for Sale
  • $1,356,301 CAD
  • 4,770 SF
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More details for 1211 W Roosevelt Rd, Chicago, IL - Retail for Sale

CVS Pharmacy - 1211 W Roosevelt Rd

Chicago, IL 60608

  • Drive Through Restaurant
  • Retail for Sale
  • $4,018,498 CAD
  • 14,033 SF
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More details for Top-Performing Retail Center in Chicago – Retail for Sale, Chicago, IL

Top-Performing Retail Center in Chicago

  • Drive Through Restaurant
  • Retail for Sale
  • $96,361,249 CAD
  • 187,204 SF
  • 4 Retail Properties

Chicago Portfolio of properties for Sale - Northwest City

Pegasus Investments Real Estate Advisory Inc. in conjunction with Bang Realty, as exclusive investment sales advisors to the seller, are pleased to offer the incredible opportunity to purchase Elevate Lincoln Park (the “Property”). The Property checks every amenity box. It features four single-tenant leases totaling 187,204 SF, with premier access and branding along the Kennedy Expressway (I-94). A strong 5:1 parking ratio enhances convenience for tenants and visitors alike. Ideally positioned within Lincoln Park, Bucktown, and Wicker Park, three of Chicago’s most affluent neighborhoods, the Property benefits from exceptional demographics. Average household income exceeds $175,000 within a one-mile radius, with a population density surpassing 1.1 million people within five miles. Additionally, more than 4,000 new homes are planned within three blocks, further strengthening the area’s long-term growth trajectory. For over 20 years, the Property has been anchored by national tenants Best Buy, Kohl’s, and BMO Financial Group. The Property is newly complemented by Chicago Speech Therapy (CST), an established local brand. The four NNN ground leases are backed by corporate guarantees with the tenants maintaining all aspects of their respective buildings. Lease renewals by Best Buy and BMO showcases the strong underlying fundamentals of the Property, stickiness of the tenants and stable cash flows. Of note, this Kohl’s location ranks in the top 3% nationally of all Kohl’s locations according to Placer.ai. This Best Buy is the only north side store, ranking in the top 10% nationally, and demonstrated its commitment to the Property by having recently exercised its first 5-year option with zero landlord concessions. In addition, BMO and CST have entered into new 10-year net leases. The amenities of the Property combined with strong demand for big box retail in the corridor assures little risk of vacancy and bodes well for continuous occupancy into perpetuity. Ensuring demand for the Property into perpetuity, the adjacent Lincoln Park neighborhood of Foundry Park (foundryparkchicago.com) will be adding 4,000 homes and $2.8 billion of additional investment into the immediate area. This sustained influx of residential density continues to reinforce daily traffic, tenant demand, and long-term fundamentals for the Property.

Contact:

Pegasus Investments

Date on Market:

2026-03-11

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More details for 8347 W Grand Ave, River Grove, IL - Retail for Sale

8347 W Grand Ave

River Grove, IL 60171

  • Drive Through Restaurant
  • Retail for Sale
  • $873,429 CAD
  • 2,850 SF
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More details for 5309 Touhy Ave, Skokie, IL - Retail for Sale

5309 Touhy Ave

Skokie, IL 60077

  • Drive Through Restaurant
  • Retail for Sale
  • $3,124,462 CAD
  • 12,300 SF
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More details for 5224 N Northwest Hwy, Chicago, IL - Retail for Sale

Taco Bell - 5224 N Northwest Hwy

Chicago, IL 60630

  • Drive Through Restaurant
  • Retail for Sale
  • $3,253,130 CAD
  • 2,232 SF
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More details for 5231 S Pulaski Rd, Chicago, IL - Retail for Sale

Fifth Third Bank - 5231 S Pulaski Rd

Chicago, IL 60632

  • Drive Through Restaurant
  • Retail for Sale
  • $4,337,321 CAD
  • 6,600 SF
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More details for 9520 S Jeffrey, Chicago, IL - Retail for Sale

Dollar General - 9520 S Jeffrey

Chicago, IL 60617

  • Drive Through Restaurant
  • Retail for Sale
  • $1,704,252 CAD
  • 12,500 SF
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More details for 7555 N California Ave, Chicago, IL - Retail for Sale

7555 N California Ave

Chicago, IL 60645

  • Drive Through Restaurant
  • Retail for Sale
  • $1,207,179 CAD
  • 1,640 SF
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More details for 9401 S Pulaski Rd, Evergreen Park, IL - Office for Sale

One Capitol Court - 9401 S Pulaski Rd

Evergreen Park, IL 60805

  • Drive Through Restaurant
  • Office/Retail for Sale
  • $183,207 CAD
  • 1,837 SF
  • 1 Unit Available
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More details for 1349 Calumet Ave, Robertsdale, IN - Office for Sale

& 1340 Davis Ave - 1349 Calumet Ave

Robertsdale, IN 46394

  • Drive Through Restaurant
  • Office for Sale
  • $1,164,572 CAD
  • 8,600 SF
  • Air Conditioning

Robertsdale Office for Sale - Indiana

• Building Size: +/- 8,600 SF on +/- 0.69 AC (Total) • 3-Story, Free-Standing Building with 6 Drive-Thru Lanes Located on 2 Parcels • Located on the Corner of a Well-Known, Lighted Intersection Referred to as “5 Points” • Frontage on US-41/Calumet Avenue, Indianapolis Avenue, and E. 114th Street • Large Pylon Sign • NEW PRICE: $820,000 Parcel #1: 1349 Calumet Avenue, Hammond, IN 46394 Parcel #2: 1340 Davis Avenue, Hammond, IN 46394 • Building Size: +/- 8,600 SF on +/- 0.69 AC (Total) • 3-Story, Free-Standing Building with 6 Drive-Thru Lanes Located on 2 Parcels • Located on the Corner of a Well-Known, Lighted Intersection Referred to as “5 Points” • Frontage on US-41/Calumet Avenue, Indianapolis Avenue, and E. 114th Street • Large Pylon Sign • Asking Price: $910,000 The subject property includes a 3-story, free-standing, bank branch building with a remote 6-lane drive-thru located on two parcels totaling 0.69 AC. The property is on a corner of a locally well-known, lighted intersection referred to as 5 Points. The subject property has frontage on US-41/Calumet Ave, Indianapolis Blvd, E. 114th St. Parcel #1 has a large pylon sign. Seller intends to sell both properties and leave the two ATMs onsite, in place of the current remote drive-thru. They also intend to leave the ATM in the side of the existing building. Seller will maintain and pay utilities for the three (3) ATMS for a period of 25 years.

Contact:

Hokanson Companies Inc

Date on Market:

2021-06-22

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More details for 525 W 119th St, Chicago, IL - Retail for Sale

525 W 119th St

Chicago, IL 60628

  • Drive Through Restaurant
  • Retail for Sale
  • $197,409 CAD
  • 700 SF
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More details for 1640 W Fullerton Ave, Chicago, IL - Retail for Sale

1640 W Fullerton Ave

Chicago, IL 60614

  • Drive Through Restaurant
  • Retail for Sale
  • Price Upon Request
  • 5,274 SF
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More details for 6153 S Western Ave, Chicago, IL - Land for Sale

6153 S Western Ave

Chicago, IL 60636

  • Drive Through Restaurant
  • Land for Sale
  • Price Upon Request
  • 3.71 AC Lot
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More details for 87th & Cottage Grove Rd, Chicago, IL - Land for Sale

+/-1 AC with ability to add drive-thru - 87th & Cottage Grove Rd

Chicago, IL 60619

  • Drive Through Restaurant
  • Land for Sale
  • Price Upon Request
  • 6.80 AC Lot
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Drive Through Restaurants For Sale

Drive Through Restaurants

A drive-thru restaurant is a type of fast food establishment that provides customers with the ability to order and receive their meal while still in their car. This type of restaurant has been on the rise in recent years with an increase in demand for quick, mobile-friendly food options.

The majority of drive through restaurants are located on or near busy streets, making them easy for drivers to access. This accessibility can be attractive to investors as it will increase potential revenues by attracting more customers without extensive advertising costs.

Why should you buy a restaurant with a drive through as an investor?

There are many reasons to invest in a drive through restaurant. These restaurants can be profitable if they're modeled correctly and managed well. You need to consider several things when investing in a drive-through restaurant, such as location and demographics, before deciding whether or not it's right for you

The first thing that needs consideration is where your potential business should be located. A major factor here is population density - what does the neighborhood look like? Is there plenty of foot traffic on any given day? If so, this would mean more customers for the restaurant! You also want to make sure there are no competing businesses nearby that may lure away your customer base; try looking at some other areas of town with less competition and underserved population.

What are the costs of buying a drive through restaurant?

The costs to consider include the cost of the building, renovations or repairs and upgrades needed in order to do business. There may be additional fees such as franchise fees, permits, licensing. Talk to your broker about additional costs.

The cost for a commercial property itself will vary depending on the size and location; a building might cost more than one near a busy highway interchange with high traffic volume. The price per square foot also varies significantly by location.

How to make your purchase profitable and sustainable in the long run.

Purchasing a profitable drive-through restaurant requires careful research and consideration of what is needed in the area.

You will need to consider the most profitable drive-through locations, deciding if you want a single site or plan on multiple sites.

Consideration should be given to both established restaurants with traffic volumes that meet your needs as well as those which are under-performing but have potential for time and money investment to increase revenues.

Is it worth it for you to buy a drive thru restaurant now?

Right now is a a great time to invest in a drive through restaurant.

As of 2021, Interest rates are low and there is less competition for properties, which means you can get the property for less money than if you buy it later on down the road when prices and interest rates may increase. Additionally, now would be a good time to buy because people need convenient and safe food options during tough economic times.

Looking to lease a Drive Through Restaurant? View Drive Through Restaurants for lease