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

Drive Through Restaurants for Sale in Evanston, IL, USA

More details for 2958 Central St, Evanston, IL - Land for Sale

2958 Central Street, Evanston, IL 60201 - 2958 Central St

Evanston, IL 60201

  • Drive Through Restaurant
  • Land for Sale
  • $624,330 CAD
  • 0.10 AC Lot

Evanston Land for Sale - Near North

INVESTMENT & DEVELOPMENT OPPORTUNITY Rare ~4,200 SF (30' × 140') infill development site in North Evanston’s highly desirable Central Street commercial district. Zoned B1a with Subarea 5 Overlay, permitting up to a 3-story / 40-foot height limit and a 2.0 base FAR (~8,400 max buildable GSF). Permissible 0-foot side yard setbacks allow full-width street frontage, ideal for ground-floor retail and upper-story multi-family/luxury residential units. PROPERTY HIGHLIGHTS & TERMs: Existing Structure: Includes an existing 495 SF standalone brick storefront generating potential holding/interim income during entitlement and permitting. Confirmed free of asbestos. Access & Parking: Features 35 linear feet of frontage on Central Street with direct rear alley access, providing off-street parking layout or service access. Eligible for Transit-Oriented Development (TOD) parking requirement reductions. Location: High-foot-traffic corridor within walking distance to Central Street Metra Station, Endeavor Health Evanston Hospital, and Northwestern University athletic facilities. Sale Condition: Sold AS-IS. All utilities (gas, electric, municipal water/sewer) are connected to the site. Here is the breakdown of allowable, special permission, and prohibited business uses for a property zoned B1a with the oCSC Subarea 5 Overlay: Permitted Uses (Allowed By-Right): These uses are automatically permitted up to 20,000 sq. ft. in size: Retail & Goods: Retail Goods Establishments, Retail Service Establishments, Specialty Food Stores, Food Store Establishments (hours between 6:00 a.m. and midnight). Food & Beverage: Restaurants (Type 1), Brew Pubs, Caterers. Residential / Mixed-Use: Upper-Story Dwellings (above ground floor), Live-Work Units, Artist Studios & Accessory Dwelling Units (dwelling must not front the street), Category I Residential Care Homes (located on ground floor). Institutional & Civic: Cultural Facilities, Government Institutions, Private/Public Educational Institutions, Religious Institutions, Neighborhood Gardens. Commercial & Financial: Financial Institutions (ground level), Upper-Story Offices (above ground floor). 2. Administrative Review Uses (Allowed via Staff Approval) These uses require an administrative review/streamlined permit process rather than a full public hearing process: Ground-Floor Office Space, Type 2 Restaurants, Commercial Indoor Recreation, Mixed-Use Market (\le7,500 sq. ft.) 3. Special Uses (Allowed Only With Special Permission) These uses require a Special Use Permit approved by the Land Use Commission and City Council: Entertainment & Culture: Performance Entertainment Venues, Micro-Distilleries, Craft Alcohol Production Facilities, Banquet Halls. Cannabis Businesses: Cannabis Dispensaries, Craft Growers, Infusers, Transporters. Care & Services: Daycare Centers (Adult, Child, or Domestic Animal), Animal Hospitals, Kennels, Tattoo and Body Art Establishments, Resale Establishments. Residential & Lodging: Multiple-Family Dwellings (ground-floor residential), Independent Living Facilities, Boarding Houses, Category II Residential Care Homes. Other Commercial: Mixed-Use Markets (+7,500 sq. ft.), Convenience Stores, Trade Contractors (no outside storage), Vocational Training Facilities, Planned Developments, Rooftop Urban Farms, Aquaponics, Public Utilities, Membership Organizations. 4. Prohibited Uses These uses are strictly not permitted and not eligible for Special Use or Administrative Review approval in Subarea 5: Drive-Through Facilities (Explicitly prohibited in Subarea 5 under the oCSC overlay, overriding base B1a rules). Auto-Oriented & Heavy Uses: Automobile Service Stations, Auto Body Repair, Auto/RV Sales or Rental, Commercial Parking Lots, Open Sales Lots. Institutional & Residential Care: Assisted Living Facilities, Long-Term Care Facilities, Sheltered Care Homes, Retirement Homes / Hotels, Category I Residential Care Homes on upper floors. Other Excluded Uses: Bed & Breakfasts, Single-Family Detached Homes, Recording Studios, Transitional Shelters, Category III Transitional Treatment Facilities, Business or Vocational Schools, Dormitories.

Contact:

Baird & Warner

Property Subtype:

Commercial

Date on Market:

2026-07-25

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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
  • $1,179,290 CAD
  • 1,640 SF
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Drive Through Restaurants for Sale within 10 kilometers of Evanston, IL, USA

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
  • $6,118,434 CAD
  • 6,150 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
  • $1,324,967 CAD
  • 4,770 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
  • $3,052,280 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
  • $3,177,976 CAD
  • 2,232 SF
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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